Company Celebrates Ten Year SAP Solution Extension Partnership Anniversary with Tenth Consecutive Pinnacle Award Win

WATERLOO, Ontario, May 16, 2017 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global leader in Enterprise Information Management (EIM), today announced that it has received the 2017 SAP® Pinnacle Award for both Solution Extension Partner of the Year and SAP Database and Data Management Partner of the Year, which recognize its outstanding contributions as an SAP partner. SAP presents these awards annually to the top partners that have excelled in developing and growing their partnership with SAP and helping customers run better. Winners and finalists in 19 categories were chosen based on recommendations from the SAP field, customer feedback and performance indicators, including a Customers' Choice award, which recognizes a customer-nominated SAP partner.

"OpenText is thrilled to celebrate our 10 year anniversary as an SAP solution extension provider with our 10^th consecutive Pinnacle award, certainly a milestone in which we take great pride," said Mark J. Barrenechea, OpenText CEO and CTO. "As companies embark on their digital journey with SAP, SAP S/4HANA and SAP Solution Extensions by OpenText help simplify that journey, digitize processes and re-imagine their digital transformation. Thousands of customers benefit from our ongoing roadmap alignment and co-innovation with SAP to successfully navigate the digital world."

Through the OpenText and SAP partnership, customers have made dramatic improvements across a wide range of areas that positively impact relationships with their customers, employees, partners, suppliers and regulatory agencies. SAP Solution Extensions are part of the OpenText EIM strategy, enabling organizations to discover and manage information to spur growth and innovation and decrease time to competitive advantage.

"SAP is proudly committed to our ever-open, expanding partner ecosystem," said Bill McDermott, CEO of SAP. "No company can or should go it alone in this digital economy. SAP's partners bring domain expertise, global scale and a shared commitment to our customers. The SAP Pinnacle Awards give us the chance to salute the best of the best." 

SAP Pinnacle Awards shine a spotlight on SAP's partners' remarkable contributions, acknowledging their dedication to teamwork, innovative approach and capacity to challenge what is possible to help customers achieve their goals. Award winners will be formally recognized at the SAP Global Partner Summit in Orlando, Fla. on May 15. The SAP Global Partner Summit is held in conjunction with SAPPHIRE NOW® and ASUG Annual Conference, the largest global business technology event, hosted by SAP and ASUG May 16–18.

About OpenText
OpenText enables the digital world, creating a better way for organizations to work with information, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com. 

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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.

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SAP, SAPPHIRE NOW and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.

All other product and service names mentioned are the trademarks of their respective companies.

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SOURCE Open Text Corporation

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http://www.OpenText.com