Multiquip Named 2010 GlobalStar Enterprise Award Finalist

Awards Announced at Open Text's Content World Conference in Washington D.C.

CARSON, CA - Multiquip Inc., announced that the company is a finalist for the 2010 GlobalStar Enterprise Award. The finalists are announced each year during Content World and distinguish Open Text, its customers and partners as "The Content Experts." The GlobalStar Enterprise Awards recognize companies for their outstanding efforts in growing business value from Enterprise Content Management (ECM) solution deployments.

Multiquip also won the 2010 Ground-Breaker Award for its implementation of a new product, Social Workplace. Multiquip's changes follow the trend, Corporate 2.0, an innovative model of concentrating on intrinsic motivation and collaboration (inside and outside of the company), empowering employees and creating meaningful work places.

"We are honored to be named a finalist and to be recognized among some of the most impressive companies in the world," said Tom Yasuda, chairman and CEO, Multiquip. "I am proud of the Multiquip team and especially Michael Hanken, vice president of IT, for spearheading these initiatives."

Open Text Corporation convenes with customers, partners and ECM industry experts from across the globe to share best practices, learn how to yield maximum benefits from content management at Content World 2010. This year's conference was November 7-12 in Washington D.C.

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