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News ReleaseFebruary 14, 2005 - Boston Corporate Finance Advises Optura in its Sale to Open TextWESTWOOD, MA - Boston Corporate Finance, Inc. (BCF), a technology focused investment banking firm, announcedtoday that it has successfully advised Optura, based in Scottsdale, Arizona, in its sale to Open Text Corporation (NASDAQ:OTEX), based in Waterloo, Ontario. Optura develops Business Process Optimization (BPO) workflow software andprovides integration solutions that optimize business processes so enterprise companies can collaborate across separateorganizational functions, dissimilar systems, and business partners. The company creates composite applications that usestandard Web services and business objects to enhance existing legacy applications. Optura has joined Open TextCorporation in order to provide greater customer solutions and for improved scalability. About Boston Corporate Finance, Inc. Headquartered in Westwood, MA, Boston Corporate Finance, Inc. is a private investment banking firm focused on providing traditional investment banking advisory services to high growth companies primarily in the technology sector. BCF's senior professionals have both global, as well as, regional investment banking experience with firms including KPMG Corporate Finance and Advest, Inc. Additional company information can be obtained on the World Wide Web at www.bostoncf.com or by calling (781) 320-3200. About Optura Optura develops Business Process Optimization (BPO) software that help customers capture more value from the significantinvestments companies have already made in enterprise systems. Optura develops and supports a line of packaged workflowapplications under the xCollaboration™ product line. xCollaboration products include Optura Vendor InvoiceManagement™, Optura Master Data Management™ and Optura Customer Order Management™. For more detail, visitwww.optura.net. About Open Text Corporation Open Text™ is the market leader in providing Enterprise Content Management (ECM) solutions that bring together people,processes and information in global organizations. Throughout its history, Open Text has matched its tradition of innovationwith a track record of financial strength and growth. Today, the company supports more than 17 million seats across 13,000deployments in 67 countries and 12 languages worldwide. Open Text is publicly traded on the NASDAQ market under thesymbol OTEX. For more information on Open Text, go to: www.opentext.com. Boston Corporate Finance, Inc. Tel: (781) 320-3200 View this press release in PDF format. |
©2006 Boston Corporate Finance |
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