[2] Corel's Linux Market Share Grows!Business Editors OTTAWA--(BUSINESS WIRE)--March 30, 2000 Corel Corporation (company) Corel Corporation - A software publisher best known for the CorelDraw application. Founded in June 1985 by Dr. Michael Cowpland, Corel Corporation was originally a systems integration company. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CORL CORL Corel Corporation (stock symbol) CORL Coalition of Reef Lovers CORL capital outlay revenue limit CORL change-orientated reflective listening (psychotherapy) CORL Central Ontario Ringette League ) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :COR) is pleased to announce that recent market information from PC Data indicates that Corel's market share in the Linux US retail market has increased significantly since November of 1999. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. PC Data, as of November 1999, Corel held a 2.3 per cent* share of the Linux US retail market. That market share has increased by more than 8 times to 19.3 per cent** as of February 2000. "We are thrilled with the level of support we're receiving from our customers. Access to alternatives in the marketplace is vital for healthy competition and it fosters innovation," said Dr. Michael Cowpland Michael Cowpland (born April 23, 1943) is a Canadian entrepreneur, businessman, and the founder and one-time president, chairman and CEO of Corel, a Canadian software company. Cowpland was born in Bexhill, Sussex, England and obtained a BSc. , president and chief executive officer of Corel Corporation. "As the numbers from PC Data indicate, people are excited about what we have to offer. We look forward to continuing this momentum with the release of WordPerfect Office 2000 for Linux - the first marquee application on Linux and the next key piece in Corel's strategy to deliver the power of Linux to the desktop."
Linux(r): US RETAIL MARKET SHARE
PCDATA RETAIL
Feb-00 Nov-99
Revenue - Share
Red Hat 40.4% 58.5%
Macmillan 19.6% 21.5%
Corel 19.3% 2.3%
S.U.S.E. 7.1% 0.7%
TurboLinux 4.1% 1.1%
Caldera 3.0% 6.9%
"Corel's Linux offerings for the desktop complement the success of the other Linux vendors," said Derik Belair, director of strategic applications for Corel Corporation. "Together we are contributing to the overall growth of the Linux market." "We are pleased to add this unique new product to our Linux assortment," said John Lostroscio, vice president of merchandising at CompUSA. "WordPerfect Office 2000 represents the first comprehensive office suite available for the Linux operating system, and we think our customers will appreciate its functionality and ease of use." The success of Corel(r) LINUX(r) OS and Corel(r) WordPerfect(r) 8 for Linux(r) is demonstrated by the overwhelming response to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Corel(r) Linux(r) Roadshow, which runs from April 4-7. To date, over 10,000 people are scheduled to attend this exciting event. Seven shows in four cities have been sold out and Corel has added another three dates in light of the positive RSVP (ReSerVation Protocol) A communications protocol that signals a router to reserve bandwidth for real time transmission. RSVP is designed to clear a path for audio and video traffic, eliminating annoying skips and hesitations. attendance requests. For more information on the Corel Linux Roadshow visit our Web site: http://www.corel.com/roadshow/index.htm. Building on the success of Linux, Corel LINUX OS has just received an award for product excellence and productivity by Software Development Magazine's 10th Annual Jolt Awards. North American customers will have their first opportunity to purchase WordPerfect Office 2000 for Linux(r) this coming weekend when it arrives on store shelves in the U.S. and Canada. WordPerfect Office 2000 for Linux is the first marquee application for Linux and the next step in Corel's vision to deliver Linux to the desktop. Corel is putting the customer first, also offering them the best of both worlds by partnering with EBIZ EBIZ Electronic Business Enterprises. Corel LINUX OS and Microsoft Windows 98, as well as WordPerfect Office 2000 for Linux OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and version and WordPerfect Office 2000 for Windows OEM version, will be bundled with EBIZ hardware. This move gives Corel the opportunity to bridge the gap between Windows and Linux. *Figures represent sales of Corel WordPerfect 8 for Linux **Figures represent sales of Corel Linux OS and WordPerfect 8 for Linux Corel Corporation Corel Corporation is an internationally recognized developer of award-winning business productivity, graphics and operating system solutions on the Windows(r), Linux(r), UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). (r), Macintosh(r) and Java(tm) platforms. Corel also develops market-leading, Web-based solutions including applications, contents, e-commerce and online services. For access to these services and more information go to www.corel.com or www.corelcity.com. Corel is headquartered in Ottawa, Canada. Corel's common stock trades on the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (sm) under the symbol CORL and on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol COR. PC Data PC Data, a market intelligence firm, is the computer industry's primary source for software and hardware sales information. PC Data tracks software and hardware products that are actually selling, and supplies this sales information to more than 800 clients in the computer software and hardware industries. Founded in 1991, PC Data is based in Reston, VA with offices in San Francisco, Los Angeles, and Seattle. For more information about PC Data go to www.pcdata.com. This press release contains statements that are forward looking as that term is defined by the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based on current expectations that are subject to risks and uncertainties. Actual results will differ due to factors such as shifts in customer demand, product shipment schedules, product mix, competitive products and pricing, technological shifts and other variables. Readers are referred to Corel's most recent reports filed with the Securities and Exchange Commission. Corel, WordPerfect, and the Go further logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. Linux is a registered trademark of Linus Torvalds. Microsoft and Windows are registered trademarks of Microsoft Corporation. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners. |
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