OpenText smarter legal technology innovations and solutions improve case results, lower litigation costs, and minimize risk.

OpenText (NASDAQ: OTEX), (TSX: OTEX) continues to propel businesses into 2030 as it kicks off its sponsorship of and participation in Legalweek New York 2023 by gearing up for an exciting week of showcasing its advanced capabilities in its legal technology portfolio. As a global leader in Information Management, OpenText provides end-to-end solutions for organizations, allowing them access to smarter eDiscovery and legal content and knowledge management solutions that empower businesses to be more intelligent, connected, secure and responsible.

'With 70% of legal department leaders citing a renewed focus on adopting new or better technologies to simplify workflows and reduce manual processes to cut costs, OpenText is more focused than ever on delivering innovations that enable modernized, seamless workflows,' said Sandy Ono, Executive Vice President and CMO at OpenText. 'The OpenText diverse portfolio of legal technology offerings helps employees focus on higher value activities, break down data silos, protect sensitive data throughout the legal lifecycle, and accelerate digital transformation.'

New Innovations in Axcelerate

Instead of the conventional methodology of isolated point solutions based on the stages in the Electronic Discovery Reference Model (EDRM), mastering modern eDiscovery requires a more comprehensive approach. From the original project scoping to identifying the relevant data during early case assessment and review, legal teams need streamlined processes to optimize productivity and deliver better value.

With the launch OpenText Axcelerate 23.1, users will be able to transfer relevant documents directly into Opus 2 Case Management, a top case management and trial preparation platform, expanding Axcelerate's capabilities throughout end-to-end litigation workflows. Users of Axcelerate can now more effectively connect the crucial facts in a case so they are best used for case strategy, depositions, and trial process management.

Recent enhancements include:

Integration with Amazon Translate including seventy-five supported languages. Review project managers can now reduce costs and timelines by reviewing entire documents or any portion of the document in the preferred language(s).

Enhanced redaction automation and automated quality control (QC) processes to lessen the burden and risks of manual review and improve accuracy. Enhancements include pre-configured and customizable patterns, including a Regular Expression (RegEx) engine, automated detection and redaction of people, places and organizations, and support for inverse redactions in the Near Native Microsoft Excel viewer to efficiently redact everything except selected cells when only discrete portions of data are appropriate to share.

Chat data support including new connectors for Slack, chat redaction view and support for emojis.

Data privacy enhancements with RegEx pattern editing and new pattern creation.

Smartphone data support including Cellebrite, SRY and Oxygen.

'Does OpenText help Phillips Lytle differentiate in the market? I would say a resounding yes,' said Anna Mercado Clark, Partner at Phillips Lytle LLP. 'To be able to offer such a comprehensive and powerful tool as part of our pitches, and client offerings, has really elevated our practice.'

OpenText will be participating in the session, Structuring Investigations to Guarantee Efficiency and Success in Every Scenario on Wednesday, March 22 from 11:30 AM to 12:30 PM. OpenText Lead Strategy Consultant, Tom Gricks and Principle Consultant, Tracy Drynan, will be joined by Robert Keeling, Parter at Sidley Austin LLP, to share tips and discuss how to confidently get to the right facts faster, conduct a thorough and consistent electronically stored information (ESI) investigation, and utilize the right investigation techniques and technology at the right time.

Join us at Legalweek New York 2023 from March 20 - 23 and find us in booth #2218.

*Source: Thomson Reuters, 2021 State of the Corporate Law Departments, 2021

About OpenText

OpenText, The Information Company, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com

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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.

Copyright 2023 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.

Further information:

Taylor Barker

OpenText

publicrelations@opentext.com

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