HONG KONG, Aug. 21, 2014 /PRNewswire/ -- OpenTextTM (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), announced today that OpenText Trading Grid powers Hong Kong's leading EDI platform, ezTRADE. By providing regional enterprises access to the world's largest integration cloud, OpenText enables them to compete more effectively and execute any-to-any transactions on a global scale.
ezTRADE is an efficient and proven B2B e-commerce platform which has close to 2,000 users in Hong Kong and the South China region. Its users span across industries such as supermarkets, pharmaceuticals, food services and healthcare and include SME, large enterprise and government sectors. Currently, ezTRADE customers include Watson's Group, Dairy Farm Group, DKSH and the Hong Kong Hospital Authority.
GS1 Hong Kong is an industry-led organization committed to enhancing Hong Kong enterprises' competitiveness through the provision of global supply chain standards. OpenText, through its GXS acquisition, has been providing trading grid services to ezTRADE members since 2000 and has just renewed the existing contract with the company to continue its ezTRADE partnership.
"We are delighted to continue our partnership with OpenText to provide our members with a more efficient and enhanced ezTRADE platform," said Anna Lin, Chief Executive of GS1 Hong Kong. "With this partnership, I strongly believe that all the industry key stakeholders will be benefited collectively."
Now part of OpenText's Information Exchange portfolio of products, Trading Grid is the world's largest integration cloud. Built on OpenText Trading Grid, ezTRADE not only facilitates transactions seamlessly but allows the use of integrated smart mobile devices for EDI document exchange processes to enable real-time event notifications, transaction status inquiries and visibility to analytics.
Lin continued, "In this Internet age, an efficient B2B e-commerce platform is essential to help businesses meet the ever changing needs of their customers. GS1 HK is committed to enabling our business partners to capture the infinite possibilities with this unique product code spanning the entire supply chain, and to facilitate our members to be more efficient and more competitive in the e-commerce world."
The OpenText Information Exchange suite facilitates efficient, secure and compliant exchange of information inside and outside of organizations. A comprehensive suite of products, Information Exchange offers messaging and B2B Integration services on-premise and via the cloud such as secure mail, large file transfer, fax and EDI within a single platform, enabling any-to-any transactions. Information Exchange is one pillar of OpenText's Enterprise Information Management (EIM) platform consisting of five comprehensive and integrated product suites, an engaging and consistent user experience and deep integration across suites to enable CIOs to partner with all lines of business.
Quotes from ezTRADE users
Wendy Lam, Head of IT Services, Wellcome
Ada Wong, Manager, IT Applications, DKSH Hong Kong Limited
Learn more about OpenText EIM:
About OpenText
OpenText provides Enterprise Information Management software that helps companies of all sizes and industries to manage, secure and leverage their unstructured business information, either in their data center or in the cloud. More than 100,000 companies already use OpenText solutions to unleash the power of their information. To learn more about OpenText (NASDAQ: OTEX; TSX: OTC), please visit: www.opentext.com.
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.
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