Open Text Collaborates with Microsoft on Digital Asset Management.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Companies to Provide Open Text's Artesia DAM on Microsoft's SQL Server 2005 Open Text(TM) Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). )(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :OTEX OTEX Open Text Corporation (stock symbol) OTEX Orientation Technico-Economique de l’Exploitation ), the leading independent provider of Enterprise Content Management (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ) software, said today it has committed to offering Open Text's Artesia Digital Asset Management (DAM) solution for Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. 2005 database platform to help customers more effectively manage digital assets. The announcement demonstrates the companies' shared view of the significant need, especially within the media and entertainment industry, for an ECM strategy that addresses the complexities of creating, managing and distributing rich digital media, such as video, audio, photos and graphics. By using SQL Server 2005 with Open Text's Artesia DAM, customers will benefit from a low total cost of ownership (TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. ), while utilizing sophisticated DAM technology running on a highly available and secure database platform. SQL Server 2005 is well-suited to the demands of customers in the media and entertainment industry, offering the scalability and reliability needed to manage the enormous volume of valuable digital assets customers must maintain. To facilitate deployment of the combined solution, Microsoft has developed the SQL Server Migration Accelerator (SSMA (chat) SSMA - some such meaningless acronym. ) tool, software that dramatically accelerates the migration of back-end data to the Microsoft SQL Server 2005 platform. The SSMA tool reduces the cost and time required for analysis, migration and follow-up testing, effectively streamlining the transition of customers' DAM solutions to the SQL Server platform. "SQL Server 2005 marks the biggest release in SQL Server history and will offer customers such as media intensive companies the highest levels of availability, performance and security," said Mike Tuchen, General Manager for SQL Server at Microsoft. "The media and entertainment industry has experienced a great impact from the proliferation of digital content and distribution channels. Through our work with Open Text, we are able to provide DAM to media and entertainment companies, as well as the ability to integrate DAM with other components that comprise an overall content management strategy." The Open Text Artesia Digital Media Group helps customers address the growing competitive and regulatory pressures to improve the management of digital media content. This group also leads Open Text's horizontal strategy for digital media as a key component of ECM, and champions the unique ECM requirements of media companies worldwide. Customers include Time Warner, DaimlerChrysler, Discovery Communications, DreamWorks, Electronic Arts, General Motors, HBO Hyperbaric oxygen therapy (HBO) A form of oxygen therapy in which the patient breathes oxygen in a pressurized chamber. Mentioned in: Ozone Therapy , and the U.S Department of Defense. Open Text is a Microsoft Gold Certified Partner with a track record for delivering powerful ECM solutions that extend Microsoft applications. "Open Text's DAM customer base has always been on the cutting edge of the digital revolution and are constantly facing complex technology challenges, such as global access, achieving speed-to-market, and simply managing the proliferation of rich media within their organizations," said Scott Bowen, President of Open Text's Artesia Digital Media Group. "Microsoft is at the vanguard of solving many of these challenges for media-intensive firms, and that is why we are so pleased to embark on this collaboration to offer Microsoft's enterprise-class database platform to our valued customers." Open Text anticipates an accelerated initial rollout of solutions in calendar Q1, 2006. The announcement was made at the Microsoft Global Product Launch in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] , an event bringing together more than 3000 participants and featuring the product launch of Microsoft SQL Server 2005, Visual Studio 2005, and BizTalk Server 2006. Open Text is attending the event as a Gold Sponsor and will participate in press and product demonstrations throughout the day. About The Artesia Digital Media Group and Open Text The Artesia Digital Media Group is a leader in enterprise Digital Asset Management (DAM) solutions that help information-intensive companies more efficiently manage and deploy their rich digital media content. Open Text(TM) is the leading independent provider of Enterprise Content Management (ECM) solutions that bring together people, processes and information in global organizations. Today, the company supports 20 million seats across 13,000 deployments in 114 countries and 12 languages worldwide. For more information on Open Text, go to: www.opentext.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 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. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, 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, demand for the Company's products 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended June 30, 2005. 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. Copyright(C) 2005 by Open Text Corporation. LIVELINK and OPEN TEXT are trademarks or registered trademarks of Open Text Corporation in the United States of America UNITED STATES OF AMERICA. The name of this country. The United States, now thirty-one in number, are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, , Canada, the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community 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. Open Text Corporation (TSX:OTC) (NASDAQ:OTEX) |
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