WATERLOO, Ontario, Dec. 29, 2017 /CNW/ -- Open Text Corporation
(NASDAQ: OTEX, TSX: OTEX), The Information Company™, today
announced that it will be added to the S&P/TSX 60 Index prior
to the open of trading on January 2,
2018. The S&P/TSX 60 Index is a stock index of 60 of the
most valued companies in Canada
listed on the Toronto Stock Exchange.
"The addition of OpenText to the S&P/TSX 60 Index reflects a
significant milestone in our history," said Mark J. Barrenechea, OpenText Vice Chairman, CEO
& CTO. "Our Enterprise Information Management (EIM)
products and cloud offerings are well aligned to the digital
transformation strategies of our global customers. With the
addition of Artificial Intelligence, Security and the Internet of
Things in our portfolio, the company has never been in a stronger
position to meet the strategic needs of our customers."
Barrenechea further added, "At the foundation of OpenText is an
unrelenting commitment to customer success, innovation and value
creation. I would like to thank and congratulate all of our
employees, customers and partners who have worked to grow the
company to this milestone with dedication, pride, and a steadfast
focus on our values."
For more information on the S&P/TSX Index, please visit:
http://ca.spindices.com/indices/equity/sp-tsx-composite-index.
About OpenText
OpenText, The Information Company™,
enables organizations to gain insight through market leading
information systems, on premises or in the cloud. For more
information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit
www.opentext.com.
Cautionary Statement Regarding Forward-Looking
Statements
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.
OTEX-F
Copyright ©2017 Open Text. OpenText is a trademark or registered
trademark of Open Text. The list of trademarks is not exhaustive of
other trademarks. Registered trademarks, product names, company
names, brands and service names mentioned herein are property of
Open Text. All rights reserved. For more information, visit:
http://www.opentext.com/who-we-are/copyright-information.
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SOURCE Open Text Corporation