OpenText Recommends Shareholders Reject TRC Capital's andquot;Mini-Tenderandquot; Offer

WATERLOO, Ontario , Oct.andnbsp;Open Text Corporation (NASDAQ: OTEX, TSX: OTEX), has been notified of an unsolicited mini-tender offer made by TRC Capital Corporation to purchase up to 3,000,000 OpenText common shares, or approximately 1.13% of the company's outstanding common shares, at a price of Cdn. $38.50per share. OpenText does not endorse this unsolicited offer, has no association with TRC Capital or its offer, and recommends that shareholders do not tender their shares to the offer. Clic