WATERLOO, ON - 2009-01-28 - Open Text Corporation (NASDAQ:OTEX) (TSX: OTC), a leading provider of Enterprise Content Management (ECM) software, today announced unaudited financial results for its second quarter, ending December 31, 2008.
Total revenue for the second quarter was $207.7 million, up 14% compared to $182.5 million for the same period in the prior fiscal year. License revenue in the second quarter was $64.9 million, up 18% compared to $55.2 million for the same period in the prior fiscal year.
"We are seeing consistent customer demand for compliance based solutions across all verticals, as well as demand for solutions that streamline customer functions," said John Shackleton, Chief Executive Officer of Open Text. "We are pleased with our progress this quarter, we re executing well on a global basis, the Captaris integration is on schedule and our focus on the bottom line continues to drive our strong results.
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About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 50 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.
IXTENT s.r.o. represents Enterprise Content Management technology in the Czech Republic, Slovakia, Poland and Romania, and is one of the biggest suppliers of archiving systems, DMS and WCM technology on the markets in Central and Eastern Europe. It offers services for administration of electronic and ‘paper’ documents, their content (Document Management System – DMS, Content Management System – CMS, Business Process Management – BPM, Web Content Management – WCM, Email Management, etc.), technology for intelligent optical text recognition from paper copies and their digitalisation (OCR/ICR), archiving of data and documents via the internet and business information systems, consultation services connected with the introduction of these systems, and implementation of complex solution provisions. For more information, visit www.ixtent.com