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You should not place undue reliance upon anysuch forward-looking statements, which are based on management's beliefs andopinions at the time the statements are made, and the Company does notundertake any obligations to update forward-looking statements shouldcircumstances or management's beliefs or opinions change.All dollar amounts in this press release are expressed in U.S. Therisks and uncertainties that may affect forward-looking statements include,among others, the failure to develop new products, risks involved influctuations in currency exchange rates, delays in purchasing decisions ofcustomers, the completion and integration of acquisitions, the possibility oftechnical, logistical or planning issues in connection with deployments, thecontinuous commitment of the Company's customers, demand for the Company'sproducts and other risks detailed from time to time in the Company's filingswith the Securities and Exchange Commission (SEC), including the Form 10-K forthe year ended June 30, 2008. Forward-lookingstatements in this release are not promises or guarantees and are subject tocertain risks and uncertainties, and actual results may differ materially. For more information,visit Harbor Statement Under the Private Securities Litigation Reform Actof 1995This news release may contain forward-looking statements relating to thesuccess of any of the Company's strategic initiatives, the Company's growthand profitability prospects, the benefits of the Company's products to berealized by customers, the Company's position in the market and futureopportunities therein, the deployment of Open Text ECM Suite and our otherproducts by customers, and future performance of Open Text Corporation.Forward-looking statements may also include, without limitation, any statementrelating to future events, conditions or circumstances. Working with our customers and partners, webring together leading Content Experts(TM) to help organizations capture andpreserve corporate memory, increase brand equity, automate processes, mitigaterisk, manage compliance and improve competitiveness.

Open Text brings two decades of expertise supporting 50million users in 114 countries. A replay of the call will be available beginning August 20, 2009 at7:00 p.m ET through 11:59 p.m. on September 3, 2009 and can be accessed bydialing 416-640-1917 and using passcode 21310608 followed by the numbersign.For more information or to listen to the call via Web cast, please usethe following link: http:// Open TextOpen Text, an enterprise software company and leader in enterprise contentmanagement, helps organizations manage and gain the true value of theirbusiness content. PTLength:60 minutesWhere: 416-644-3415 800-733-7571 (Toll Free)Please dial-in approximately 10 minutes before the teleconference is scheduledto begin. Onthe call, Open Text management will discuss the final financial results forits fourth quarter and fiscal year-end 2009, as well as the acquisition ofVignette.Date:Thursday, August 20, 2009Time:5:00 p.m ET/2:00 p.m. Management will provide further information regarding thefuture plans and prospects of the combined company when it provides fiscalyear-end results on August 20, 2009.Teleconference CallOpen Text will host a conference call on August 20, 2009 at 5:00 p.m ET. Based on the closing price of $36.84 per share of Open Text commonstock on the Nasdaq Global Select Market on July 20, 2009, the last tradingday before the closing of the Merger, the aggregate value of the considerationpaid in connection with the Merger was approximately $321 million.Open Text expects to incur restructuring charges associated with this mergerand will disclose, on Monday July 27, 2009, estimates of the range of amountsexpected to be incurred in connection with the restructuring initiative in aForm 8-K filing.

Open Text willissue approximately 3.45 million shares of its common stock in connection withthe Merger. Vignette expands ourcapabilities to meet the evolving needs of organizations to delivercompelling, interactive sites that drive e-business, customer loyalty and leadgeneration. "This is an important area of innovation forus going forward as we expand our ECM portfolio - Vignette will play a keyrole in this strategy."We are making a strong commitment of support to our WCM customers and, at thesame time, taking advantage of an opportunity to broaden our WCM capabilitiesto address a much wider range of needs in the market. The combined product line willprovide users with a full set of feature options, from an easy-to-use,fast-to-deploy web publishing application, to a fully integrated,enterprise-class e-business platform for large-scale deployments."The new demands of social and digital media, and fast-growing userexpectations for more personalized Web interactions are placing enormouspressures on customers to keep up," said John Shackleton, President and ChiefExecutive Officer of Open Text. Theacquisition has now received approval by Vignette's stockholders.With its acquisition of Vignette now complete, Open Text said today that it islaying the strategic groundwork that will further its position as theindependent leader in ECM, with a comprehensive portfolio of Web solutions tomeet the broad range of market requirements.Open Text will continue to support Vignette's products and installed base,including users of previous versions of Vignette Content Management, as wellas Open Text's existing Web Solutions products. Open Text Will Continue to Support Vignette Products to Meet the FullRange of Web Content Management NeedsWATERLOO, ON, July 21 /PRNewswire-FirstCall/ - Open Text(TM) Corporation(NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Content Management(ECM), today announced that it has completed the acquisition of all of theissued and outstanding shares of Vignette Corporation (NASDAQ: VIGN).