HUMC Hummingbird

TORONTO, Sept. 15 /PRNewswire-FirstCall/ -- Hummingbird Ltd. (NASDAQ:HUMCNASDAQ: TSX:NASDAQ:HUM) announced today that its shareholders have overwhelmingly approved Open Text's (NASDAQ:OTEXNASDAQ:TSX:NASDAQ:OTC) proposed acquisition of Hummingbird by way of plan of arrangement at a price of US$27.85 per share. At a special meeting of the Company's shareholders held this morning, shareholders representing more than 56.9 percent of all shares outstanding and 99.9 percent of all votes cast voted in favour of the transaction, significantly exceeding the required 66 2/3 percent of the votes cast. The closing of the transaction is subject to court approval in Canada as well as the satisfaction or waiver of the other conditions specified in the arrangement agreement between Hummingbird, Open Text and a subsidiary of Open Text. Hummingbird will now seek final court approval for the arrangement on Friday, September 22, 2006. If court approval is obtained and the other conditions to closing are satisfied or waived, the transaction is expected to close on or about October 3, 2006. About Hummingbird Hummingbird (NASDAQ:HUMCNASDAQ:TSX:NASDAQ:HUM) is a leading global provider of enterprise software solutions. The Company's enterprise software solutions fall into two principal categories: enterprise content management (ECM) solutions, and network connectivity solutions. Hummingbird's ECM solutions enable organizations to manage the lifecycle of enterprise content from creation to disposition, thereby enabling organizations to address critical business needs, such as information management, business continuity, compliance and risk mitigation. The network connectivity solutions provide a comprehensive set of core network technologies that enables the enterprise to connect to any type of legacy system. Founded in 1984, Hummingbird employs over 1,400 people and serves more than 33,000 customers, including 90% of Fortune 100. Hummingbird solutions are sold directly from 40 offices worldwide and through an Alliance Network of partners and resellers. For more information, visit http://www.hummingbird.com/. Forward-Looking Statements Forward-looking statements in this press release, including statements relating to the date of court approval and the closing date for the transaction, are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions made by and information currently available to Hummingbird. Investors are cautioned that these forward-looking statements are subject to risks and uncertainties that may cause future results to differ materially from those expected. Such risks include, but are not limited to Hummingbird's ability to close the transaction in the time period anticipated, if at all, which is dependent upon Hummingbird's ability to receive the requisite regulatory approvals and to comply with the closing conditions to the transactions, some of which are beyond Hummingbird's control. Forward-looking statements are based on management's current plans, estimates, opinions and projections, and Hummingbird does not assume any obligation to update forward-looking statements if assumptions related to these plans, estimates, opinions and projections should change. DATASOURCE: Hummingbird Ltd. CONTACT: Inder Duggal, Chief Financial Officer, Hummingbird Ltd., Tel: (416) 496-2200 ext.2205, ; Dan Coombes, Director, Investor Relations, Hummingbird Ltd., Tel: (416) 496-2200 ext. 6359, ; Michele Stevenson, Senior Manager, Corporate Communications, Hummingbird Ltd., Tel: (416) 496-2200 ext. 2623,

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