- Under the plan, The Frayman Group will provide support and maintenance services for Open Text's LegalKEY product line. Open Text will continue its focus on development for LegalKEY as well as its eDOCS product lines for law firms, and offer support services in collaboration with The Frayman Group.
- The companies have also agreed to cooperate on the development of new products and solutions to serve the legal market, combining The Frayman Group's expert view of evolving firm requirements and Open Text's extensive ECM and enterprise software expertise.

Other headlines for [OTEX]

• 12/9/2008 01:19am
  After losing more than 50% of its value, hedge fund Copper River plans to liquidate - WSJ- The fund was once worth $1B and it primarily engaged in short sales, but was hurt by the US govt's decision more...
  
• OTEX 11/21/2008 06:53am
  Open Text Corp. Price Target lowered to $32 from $41 at CIBC
  
• OTEX 11/18/2008 11:17am
  Open Text Corp. BMO Capital Markets Cuts OTEX to Market Perform from Outperform (timing uncertain)
  
• OTEX 11/18/2008 09:01am
  Open Text Corp. Expands reseller agreement with SAP- As part of this agreement, SAP will also resell Open Text's document capture solution Invoice Capture Center, from Open Text's recent acquisition of Captaris, more...
  
• OTEX 11/13/2008 04:18pm
  Open Text Corp. Expands Partnership with the Frayman Group for Law Firm Market- Under the plan, The Frayman Group will provide support and maintenance services for Open Text's LegalKEY product line. Open Text will more...
  

Technology sector headlines

• SCSC Today 04:10pm
  Scansource Inc Cuts Q2 sales guidance to R$474M-$480M v $521.8Me (had seen R$515M-$535M)- The decrease in revenues reflects softness in all of the Company''s business units and geographies.
  
• SNX Today 04:06pm
  Synnex Corp Reports Q4 $0.80 v $0.70e, R $2.1B v $2.13Be- Guides Q1 EPS $0.50-0.53 v $0.51e, R $1.74-1.84B v $1.87Be
  
• FLIR Today 04:06pm
  FLIR Systems, Inc Announces $12.8M Order From the Kingdom of Saudi Arabia- Order for advanced RECON III hand-held infrared camera system. The units delivered under this competitive award will be used for long-range more...
  
• SABA Today 04:06pm
  Saba Software Inc Reports Q2 $0.04 v $0.04e, R$25.8M v $26.6Me- Guides FY09 $0.18-$0.23 v $0.17e
  
• LWSN Today 04:05pm
  Lawson Software Inc Reports Q2 $0.10 v $0.07e, R $206M v $205Me- Guides Q3 EPS $0.07-0.09 v $0.09e, R $183-187M v $210Me - LWSN states the company signed 256 deals in Q2, compared with 331 in the second quarter of more...