Open Text Corp. announced a new release of its enterprise portal solution, Vignette Portal version 8.0. The solution allows organizations to provide customers, employees and partners with a rich internet experience where they can find relevant and personalized information aggregated from multiple business and consumer-based systems. Vignette Portal 8.0 simplifies the administration and creation of dynamic, content-rich Web sites with the ability to rapidly syndicate portal applications across Web properties powered by multiple systems. Vignette Portal 8 from Open Text expands on the versatility and rich interoperability afforded a pioneer in the enterprise portal space. It helps businesses unify their Web software portfolios into sleek, easy-to-use Web sites and allows those same businesses to engage customers and partners with rich and socially enabled Web experiences. The release of Portal 8.0 not only demonstrates Open Text's continued commitment to Vignette customers and technology, but also enables additional social media capabilities that align with the company's strategic development of Enterprise 2.0 solutions. Open Text recently announced that it plans to enhance its ECM Suite with next-generation Web solutions powered by technology from its existing Web Solutions and Vignette. By offering a variety of solutions, the company will allow organizations-regardless of size and industry-to successfully address their business needs.

Open Text Corp. expected to Report Q2 2010 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 28, 2009).

Open Text Corp. announced unaudited consolidated financial results for the first quarter ended September 30, 2009. Total revenue for the first quarter was $211.4 million, up 16% compared to $182.6 million for the same period in the prior fiscal year. Adjusted net income in the quarter was $32.8 million or $0.58 per share on a diluted basis, up 16% compared to $28.2 million or $0.53 per share on a diluted basis for the same period in the prior fiscal year. Net income in accordance with U.S. generally accepted accounting principles was $1.7 million or $0.03 per basic and diluted share compared to $14.7 million or $0.28 per share on a diluted basis for the same period in the prior fiscal year. The company reported income before income tax of $5.186 million and income from operations of $4.792 million compared to income before income tax of $20.712 million and income from operations of $22.977 million for the same period of last year. The company reported net cash provided by operating activities of $4.502 million and additions of capital assets, net of $7.665 million compared to net cash provided by operating activities of $24.813 million and additions of capital assets, net of $3.887 million for the same period of last year.