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Technology Stocks : Open Text -- Ignore unavailable to you. Want to Upgrade?

To: White Shoes who wrote (1033)	2/17/1999 10:19:00 AM
From: Skywatcher	Read Replies (1) \| Respond to of 1195

Another great customer and the stock is still tanking...my exit at 24 is feeling good... Lockheed Martin Chooses Livelink to Create Global Extranet Livelink's Multiple Security Layers and Collaborative Capabilities Essential to a Successful Bid WATERLOO, ON--(BUSINESS WIRE)--Feb. 17, 1999--Open Text Corporation (NASDAQ:OTEXF - news; TSE:OTC - news) announced today that Lockheed Martin Tactical Aircraft Systems has chosen Livelink, the industry's leading collaborative knowledge management solution, to manage its proposal to build the Joint Strike Fighter. Lockheed Martin, the leading manufacturer of military aircraft, including the F-16, and F-22, is implementing Livelink as an extranet application to coordinate its proposal with key partners and suppliers worldwide. Previously, on the F-16 project, Lockheed Martin used a client-server document management system. For the new Joint Strike Fighter program, Lockheed Martin required a knowledge management application that would enable all global suppliers and teaming partners to interact in a secure, Web-based environment, which automatically controlled versions via workflow, and encouraged collaboration and knowledge-sharing. Additionally, the workflow tool in Livelink allowed Lockheed Martin to automate many of the proposal tasks. ''With new users gaining access to Livelink every day, scalability is paramount. We plan to have thousands of users on our extranet in the next month and this number will grow exponentially as we incorporate workflow into a fully automated proposal process with all of our suppliers at the Engineering and Manufacturing Design (E&MD) phase of the program,'' said Graham Rutherford, Integrated Product Team Leader of Data Management for the Joint Strike Fighter of Lockheed Martin. For the Joint Strike Fighter program, Lockheed Martin will use Livelink to collect design information for developing manufacturing concepts for the new Joint Strike Fighter aircraft from suppliers and partners around the world. Livelink's ability to provide secure document management is essential, enabling users to see only documents relevant to their part of the project. Maintaining tight security is crucial for what is considered the biggest defense procurement into the next century. ''Lockheed Martin had very explicit deployment, security and scalability requirements for their extranet project,'' said Dan Latendre, Vice President, Product Marketing, Open Text Corporation. ''We were able to meet Lockheed's stringent requirements because Livelink was specifically architected as a secure, 'out of the box', Web-based, enterprise solution. And as the Joint Strike Fighter project grows, Lockheed Martin will be able to easily scale its extranet, enabling full utilization of Livelink's Web-based functionality.'' chris

To: White Shoes who wrote (1033)	2/18/1999 11:18:00 AM
From: Skywatcher	Read Replies (2) \| Respond to of 1195

Now this is a BIG CLIENT!!!!!!!! United States Air Force Chooses Livelink to Manage Outsourcing Operations and Meet Pentagon's Paperless Office Goal Open Text Enables Air Force to Cut Time Managing Outsourcing by 71% WATERLOO, Ontario--(BUSINESS WIRE)--Feb. 18, 1999-- Open Text Corporation (NASDAQ:OTEXF - news; TSE:OTC - news) today announced that the United States Air Force is utilizing Livelink to manage its Business Solutions Exchange (BSX), which involves uniting the people, process, and policies of Air Force service contracting in a single system and meeting the Pentagon's goal of a completely paper-free acquisition process by January 1, 2000. Prior to using Livelink, the Air Force was using a variety of client-server based systems, which couldn't manage this process across different geographic locations. With Livelink, the Air Force has shortened the time spent from identifying point of need to completing a performance requirement document (PRD) from seven months to eight weeks, which is approximately 70% less time spent. ''The US Air Force is using Livelink not only as a corporate depository and collaborative workspace, but also as a means to capture knowledge from the public and incorporate this knowledge into common business processes,'' said Dan Latendre, Vice President, Product Marketing, Open Text Corporation. ''The Air Force's implementation is an excellent example of the evolution of collaborative knowledge management -using Livelink to harness the tacit knowledge of the general public to improve business solutions, save time and reduce costs.'' The Air Force's implementation of Livelink is part of the Pentagon's requirement to simplify and modernize the Defense Department's acquisition process in the area of contract writing, administration, finance and auditing. Since July 1998, the Air Force has been using Livelink on a variety of outsourcing projects. The first and largest project can be found at Maxwell Air Force Base, Alabama. The goal of the Business Solutions Exchange process is to continually improve Air Force business practices. BSX goes to work as soon as a requirement is identified and a Business Strategy Team is formed. Livelink is used throughout the lifecycle of the project from requirements definition to contract close-out, connecting a cross-functional team dispersed across a given base and the command. This implementation of Livelink is running on Windows NT Server, Microsoft SQL Server, Microsoft Office, Microsoft Exchange and accessed through Microsoft Internet Explorer. A team, often composed of people from six different locations in the US, is formed to create a performance requirement document (PRD) and uses Livelink as its central knowledge library to gather market research, establish an acquisition plan, baseline costs, eliminate regulatory constraints, draft requirements, and gather feedback from customers and industry on the contract requirements. The BSX team uses Livelink's workflow, tasks and version control to work together throughout the planning, execution, and supplier management phases. Teams use the public folders found at www.bsx.org, to gather feedback from industry on ways to improve existing requirements documents. In addition, the public sites include process-oriented libraries of best practices that are available to other agencies whether or not they use the collaborative capabilities of Livelink. Using Livelink to manage and deploy its Business Solutions Exchange is only the beginning for the Air Force, with plans to expand efforts to dozens of other projects and create a model that can be used at Air Force bases around the globe in 1999. ''The USAF's implementation of Livelink is a great example of how a huge corporation can dramatically cut costs and improve processes by using technology to allow people to collaborate easily and efficiently,''said Donna Conner, Microsoft's worldwide knowledge management marketing manager. ''Working with partners, like Open Text, Microsoft is delivering knowledge management solutions that enable enterprises to obtain maximum value from their computer infrastructures.'' YEAH! chris