ACD Systems Signs Licensing Agreement with Corel to Introduce Professional Digital Software Package.Business Editors/High-Tech Writers VICTORIA, British Columbia--(BUSINESS WIRE)--March 26, 2003 ACD Systems Incorporated in 1989, ACD Systems Ltd. evolved into a software developer for the nascent CD-ROM cataloguing industry. It was realized that a key technological advantage could be found if ACD provided the fastest software JPEG decoder on the market. Signs Licensing Agreement with Corel to Introduce Professional Digital Software Package ACD Systems International Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and ), the digital imaging company, today announced a licensing agreement with 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 )(TSX:COR), in which ACD Systems has chosen to bundle Corel PHOTO-PAINT Corel PHOTO-PAINT is a raster graphics editor created by Corel. The current version is Corel PHOTO-PAINT X3 (13). It is not sold by itself, but instead included with CorelDRAW (CorelDRAW Graphics Suite). Its main uses are image manipulation and creation of web graphics. (R) 11 with ACD (Automatic Call Distributor) A computerized phone system that responds to the caller with a voice menu and connects the call to the appropriate agent. It can also distribute calls equally to agents. mPower Tools and ACD FotoSlate. This licensing agreement will enable ACD Systems to offer a high quality software package for advanced photographers. The bundle will incorporate software for all aspects of a user's workflow with digital photos - from acquiring, viewing and organizing to editing, enhancing and printing. This unique offer is expected to be available in English, German, French and Japanese. Corel PHOTO-PAINT 11 image editing Changing or improving graphics images. It typically refers to bitmapped images rather than vector graphics drawings. Using an image editor, images can be modified by an artist using pen, brush, airbrush and other "painting" tools. software allows for the quick and easy manipulation of photographs. This version of the powerful program features a new Cutout cut·out n. 1. Something cut out or intended to be cut out from something else. 2. Electricity A device that interrupts, bypasses, or disconnects a circuit or circuit element. 3. tool and enhanced image stitching Image stitching or photo stitching is the process of combining multiple images to produce a panorama or larger image. Computer software is often used to interpolate the final image where the component images are not in precise alignment. This is usually done in three stages. , as well as enhanced effects for lighting, bevels, and lens flares. Corel PHOTO-PAINT 11 gives users fast and powerful high-end tools that remain easy to use, for fixing photos and making web and print graphics. Corel PHOTO-PAINT 11 is used by graphics professionals and consumers around the world and supports both Windows(R) and Macintosh(R) platforms. ACD mPower Tools is a convenient set of tools that extends the photo and media functionality of Windows and other Windows programs. ACD mPower Tools gives users the ability to quickly view and manage over 50 types of media, making their work more efficient. ACD FotoSlate 2.0 allows users to create, save, and print professional-looking layouts of digital photos by either choosing from over 450 print templates included or by designing a custom-made template. By using FotoSlate 2.0 to create contact sheets, photo collections, and albums, users will save time and money printing only the photos they want - in the size, layout and style that they want. FotoSlate is employed by consumers and professionals for fast and easy printing. ACD Systems will officially introduce this bundle at Retail Vision Europe this April in Barcelona, Spain. Retail Vision is the only Pan-European event where the industry's top retailers meet to do business with the leading vendors of the hottest products, technologies, and merchandising programs. Kevin Hawe, senior vice president of sales and marketing for ACD Systems, says, "This unparalleled offer combines Corel's brand and technology in professional photo editing See photo editor. with the reach of ACD's brand and technology in image management. The bundle will first be introduced to the European marketplace where ACD Systems and Corel products have already been widely embraced by professional users." "Developing partnerships with companies like ACD Systems allows Corel to increase our presence in the imaging market, while providing invaluable tools for photographers," said Steve Houck, executive vice-president of partner relations at Corel Corporation. "The exceptional capabilities of Corel PHOTO-PAINT 11, combined with ACD System's efficient image management tools will create an ideal package for photographers to express their creativity and expand their toolset immediately." About Corel Corporation Founded in 1985, Corel Corporation (www.corel.com) is a leading technology company specializing in content creation tools, business process management and XML-enabled enterprise solutions. The company's goal is to give consumers and enterprise customers the ability to create, exchange and instantly interact with visual content that is always relevant, accurate and available. With its headquarters 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. 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. About ACD Systems International Inc. Headquartered in British Columbia since 1993, ACD Systems International (TSX:ASA) is one of the world's leading developers and marketers of digital imaging software. ACD has penetrated the global marketplace through advanced Internet distribution and strategic partnerships with manufacturers and developers. ACD has millions of consumer users and over 33,000 corporate customers including many Fortune 500 companies. www.ACDSYSTEMS.com. This press release contains forward-looking statements. These statements reflect management's current forecast of certain aspects of the company's future business. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results of operations to differ materially from historical results or current expectations. The factors underlying forecasts are dynamic and subject to change. As a result, forecasts speak only as of the date they are given and do not necessarily reflect the company's outlook at any other point in time. The company does not undertake to update or review these forward-looking statements. (C) 2003 Corel Corporation. All rights reserved. Corel and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product, font and company names and logos are trademarks or registered trademarks of their respective companies. (C) 2003 ACD Systems Ltd. ACD mPower Tools, FotoSlate, ACD and the ACD Systems logo are trademarks of ACD Systems Ltd. in the U.S. and other countries. |
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