Companies to Focus on E-mail Management, SAP® Document and Data Archiving
Chicago -- November 30, 2004-Open Text™ Corporation (Nasdaq: OTEX, TSX: OTC), the world's largest provider of Enterprise Content Management (ECM) software, and Hitachi Data Systems Corporation, a wholly owned subsidiary of Hitachi Ltd (NYSE: HIT), announced today they will extend their partnership to provide combined ECM and storage solutions to large organizations. The partnership will provide solutions that integrate Hitachi Data Systems' advanced storage infrastructure technology with Open Text's leading ECM software to meet customers' complete range of information management requirements.
A key area of focus for the two companies continues to be helping customers manage and store the enormous volume of e-mail they must maintain, while meeting corporate governance and regulatory compliance mandates. Hitachi Data Systems storage solutions will support the new e-mail management offerings Open Text announced earlier this week, including new solutions that integrate e-mail archiving capabilities with records management software, so customers can apply legal and regulatory policies to e-mail (include a link here to the release). The companies' solutions will offer customers a virtually limitless mailbox archive, while improving e-mail performance and reducing the pressure on e-mail servers.
"At Hitachi Data Systems, our goal is to enable our customers to tightly align their IT infrastructures with their business imperatives by optimizing their storage environments to the needs of their business-critical applications," said Derek Gascon, Senior Director, Industry Solutions, Hitachi. "Archiving data for these applications is key to managing cost and ensuring regulatory compliance. Our partnership with Open Text is one of the ways in which we bring Services Oriented Storage Solutions™ solutions to our customers."
The two companies are also working together to provide a comprehensive set of archival and compliance solutions for enterprise applications, combining the advanced data lifecycle management capabilities of Hitachi Data Systems' storage platforms with Open Text's ECM software. Among those are solutions that work with Open Text solutions that integrate with the complete range of SAP® solutions, including financial, human resources and other business applications. These solutions let customers store, manage, retrieve and archive documents from SAP systems such as mySAP™ ERP Financials and mySAP Human Capital Management.
All of these solutions are supported on the breadth of Hitachi Data Systems' family of storage platforms, from the Hitachi Thunder 9500™ V Series modular storage to the revolutionary new Hitachi TagmaStore™ Universal Storage Platform. The combination of the information management capabilities of the Open Text ECM offerings with the advanced virtualization and consolidation capabilities of the Universal Storage Platform, or the 'tiered-storage-in-a-box' capabilities of the Thunder 9500 V Series with the SATA Intermix Option provides customers with an unmatched infrastructure for managing business critical data through its lifecycle.
"ECM and storage solutions are a natural fit when it comes to helping customers meet the challenges of managing information," said Mike Baraiolo, Vice President of Global Business Development at Open Text. "The management of e-mail and ERP system documentation is a critical need for customers. We are pleased to be working with Hitachi Data Systems as together we combine complementary expertise and technology into solutions that address these requirements."
Hitachi Data Systems leverages global R&D resources to develop storage solutions built on industry-leading technology with the performance, availability and scalability to maximize customers' ROI and minimize their risk. By focusing on the customer's perspective as we apply the best hardware, software, and services from Hitachi and our partners, we uniquely satisfy our customers' business needs.
With 2,900 employees, Hitachi Data Systems conducts business through direct and indirect channels in the public, government and private sectors in over 170 countries and regions. Its customers include more than 50 percent of FORTUNE 100 companies. For more information, please visit our Web site at www.hds.com.
Open Text™ is the market leader in providing Enterprise Content Management (ECM) solutions that bring together people, processes and information in global organizations. Throughout its history, Open Text has matched its tradition of innovation with a track record of financial strength and growth. Today, the company supports more than 17 million seats across 13,000 deployments in 67 countries and 12 languages worldwide. For more information on Open Text, go to: www.opentext.com.
Margaret Dobbin
Director, Industry Analyst Relations
Open Text Corporation
+1-519-888-7111 ext.2410
mdobbin@opentext.com
Richard Maganini
Director, Media Relations
Open Text Corporation
+1-847-267-9330 ext.4266
rmaganin@opentext.com
Quinn Daly
Blanc and Otus
On behalf of Hitachi Data Systems
+1-415-856-5152
qdaly@blancandotus.com
This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of Livelink and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include, among others, risks involved in the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2004. You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.
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