OpenText Offers Software Trade-in for Autonomy Customers
Autonomy Customers Have Another Path to Protect Their Software Investment
Waterloo, ON – November 26, 2012 – OpenText™ (NASDAQ: OTEX, TSX: OTC), a leading provider of Enterprise Information Management (EIM) software, today announced a compelling and complimentary offer to Autonomy customers interested in protecting their software investments. Existing Autonomy customers now have the option to trade in valid Autonomy licenses for OpenText licenses.
"We want to help Autonomy customers concerned with uncertainty about the future," said OpenText President and CEO, Mark J. Barrenechea. "With the OpenText trade-in offer, we're providing an opportunity for a simple switch to OpenText software from Autonomy software, with no increase to a customer's current software costs, but with a clear and confident path to future value and more innovation."
OpenText will work closely with Autonomy customers, helping them to achieve a seamless transition with minimal disruption to their organization. OpenText Professional Services teams and OpenText partners, experienced in facilitating migration from legacy products, will be on hand to ensure a smooth transition. OpenText also offers new products such as OpenText InfoFusion to greatly simplify and accelerate the process. This trade-in offer will expire December 31st, 2012.
With the depth of OpenText's product portfolio, there is a compelling alternative for every Autonomy customer. Based on their existing products and needs, customers will be matched with comparable, and in most cases, more comprehensive functionality using OpenText offerings. Autonomy's Interwoven and iManage products can be readily replaced with OpenText's Web Experience Management (WEM) and eDOCS solutions respectively. OpenText's Records Management will serve as an unrivaled substitute to Autonomy's Meridio, MDY, iLumen, and the former Iron Mountain information governance products; and OpenText's MBPM will constitute an effective upgrade for Cardiff BPM customers.
For more information on this exclusive offer, please visit: www.opentext.com/
Through EIM, OpenText enables organizations to maximize the value of their information while satisfying strict compliance requirements and information governance policies. OpenText provides solutions in the core EIM categories of Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Information Exchange and Discovery. To view our full suite of EIM products please visit: http://www.opentext.com/2/
OpenText provides Enterprise Information Management software that enables companies of all sizes and industries to manage, secure and leverage their unstructured business information, either in their data center or in the cloud. Over 50,000 companies already use OpenText solutions to unleash the power of their information.
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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright © 2012 by Open Text Corporation. OpenText, OpenText EIM, OpenText Enterprise Content Management (ECM), OpenText Business Process Management (BPM), OpenText Customer Experience Management (CEM), OpenText Information Exchange and Discovery, OpenText Records Management, OpenText InfoFusion, OpenText Web Experience Management (WEM), OpenText eDOCS and OpenText MBPM are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.