WATERLOO, ON, April 5 /PRNewswire/ - OpenText (NASDAQ: OTEX, TSX: OTC) has been ranked Canada's top software company for the third consecutive year by the Branham Group, a leading Canadian industry analyst and strategic consulting firm serving the global information technology marketplace.
"OpenText is really a homegrown Canadian success story, given that the company evolved from an ambitious project at the University of Waterloo initiated 20 years ago," said John Shackleton, Chief Executive Officer at OpenText. "We're delighted to have become one of Canada's flagship high-tech companies, and to be named the top software company again this year."
The Branham300 has highlighted the top Canadian and multinational ICT companies operating in Canada, as ranked by revenue, for almost 20 years. "OpenText leads the Canadian Software sector on the Branham300 again this year, closing yet another year of positive growth," today's Branham300 announcement states.
OpenText's growth is reflected in the expansion of its headquarters location in Waterloo which when completed this summer more than doubles the capacity at the facility. The company now operates in 114 countries serving millions of software users worldwide and partnering with companies like Microsoft, SAP and Oracle. OpenText is focused on providing social networking software that is secure and robust enough for use behind corporate firewalls; mobile solutions to ensure that content can be accessed everywhere; and advanced content analytics technology to improve search and Web user experience. OpenText was the first company ever to provide secure social networking collaboration for world leaders at the Toronto and Korea G-20 Summits held in 2010 (http://www.opentext.com/2/global/press-release-details.html?id=2384).
"OpenText is helping enterprises globally manage content challenges, something that is becoming increasingly critical in a digital world," said Shackleton. "When meeting with our customers throughout the world, we find that the role of enterprise content management solutions has never been more relevant for improved productivity and performance."
About the Branham300
For nearly 20 years, the Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada, as ranked by revenues. It illustrates the depth and breadth of innovative technologies developed in Canada and is widely considered to be a leading source of intelligence on Canada's ICT industry. The Branham300 list consists of the following major categories:
- Top 250 Canadian ICT Companies
- The Next 50 Canadian ICT Companies
- Top 25 ICT Multinational Companies operating in Canada
- Top 25 Up and Comer ICT Companies (category ranked on innovation/not revenue)
The Branham300 is published annually in the April issue of Backbone Magazine (www.backbonemag.com), as well as on the Branham300 website, www.branham300.com. Keep up to date with the Branham300 and Branham Group on twitter at @branhamgroup, through Branham's Newsletter, or RSS feed.
About Branham Group Inc.
Branham Group Inc. is a leading industry analyst and strategic consulting firm servicing the global information technology marketplace. Branham Group assists information technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health and Green IT). Branham also produces an annual listing of the top information and communications technology (ICT) companies in Canada (www.branham300.com), tracks the Canadian Outsourcing industry (www.branhamoutsourcing.com) and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth). For more information regarding Branham Group, please visit www.branhamgroup.com.
For further information, please contact:
Branham300 Coordinator & Research Analyst
613-745-2282 Ext. 122
OpenText, a global ECM leader, helps organizations manage and gain the true value of their business content. OpenText brings two decades of expertise supporting 100 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts™ to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit www.opentext.com.
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on Open Text'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. Open Text'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 Open Text'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, Open Text 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 © 2011 by Open Text Corporation. OPENTEXT and the OPENTEXT ECM SUITE 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.
SOURCE Open Text Corporation