Open Text Extends Nordic Reach

13 February, 2006

Signs Strategic Alliance With Component Software EDM AS to Deliver Solutions in the Region

Open Textâ„¢ Corporation, a leading provider of Enterprise Content Management (ECM) software, is expanding its operation in the Nordic market following the signing of a reseller agreement with Component Software EDM AS, a leading provider of business intelligence software tools.

This new alliance will enable enterprises in the region to benefit from an extended range of ECM products and solutions from Open Text, whilst being supported by Component Software locally. The partnership underlines Open Text’s commitment to this region at a time when many similar organisations are reducing their business offering.

After an extended evaluation of the leading ECM vendors, Component Software made the decision to partner with Open Text, which it found to offer the broadest product portfolio and the most flexible partner programme for its needs.

Graham Page, Alliance Director, Northern Europe, Open Text, states: “This strategic relationship is of tremendous importance to both Open Text and Component Software. It sends a clear message to the market that not only are we committed to increasing our partner activity globally but that the Nordics is a key region for us.

“With extensive knowledge and expertise serving customers in the Nordic market, Component Software is the ideal partner for us in the region. Furthermore, under the terms of the relationship Component Software now has access to the world’s most extensive ECM suite, enabling it in turn to offer its customers the broadest enterprise product suite available today. This partnership will undoubtedly help us achieve our goal of becoming the leading ECM software vendor in the Nordic region," concluded Graham Page.

“Open Text’s unique ECM product register will fill all the gaps in our portfolio. Component Software now appears as a complete supplier of solutions for document management and will be able to offer even more possibilities to existing and future customers. We are already negotiating with three to four businesses that are very interested,” said Manager, Rune Løbersli, Component Software.

Initially, the agreement will include solutions and services, including products such as the Open Text collaborative content management and information lifecycle management solutions.

Opportunities also exist for Open Text to work with Component Software in the future to develop new solutions based on successful deployments and customer feedback.

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