Corel Adds Executive Leadership in Sales and Marketing.OTTAWA--(BUSINESS WIRE)--Dec. 10, 1999-- 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: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) President and chief executive officer 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. is pleased to announce the following appointments to the Company's Executive Leadership Team (ELT ELT English Language Teaching ELT n abbr (Scol) (= English Language Teaching) → Englisch als Unterrichtsfach ), effective today. Steven J. Houck, has been named executive vice president of sales. Mr. Houck, 30, has been with Corel for the past four years, most recently as a Tier One Original Equipment Manufacturer (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 ) account manager. Mr. Houck has been responsible for managing Corel's relationships with hardware manufacturers Gateway, Hewlett-Packard, Compaq and Fountain Technologies, as well as expanding OEM sales programs throughout the United States and Latin America. "This is a great opportunity to lead Corel's worldwide sales force and build on our recent successes with Linux as well as continuing the growth of our core WordPerfect and CorelDRAW brands," said Mr. Houck. "The next year presents tremendous new opportunities for Corel in building relationships with key players in new channels based on the Web, and Applications Service Providers (ASPs) as well as expanding traditional distribution and sales channels." Ross Cammalleri, currently Corel's vice president, marketing communications, becomes executive vice president of marketing. Mr. Cammalleri, 40, joined Corel earlier this year and was responsible for leading the creative efforts around the highly successful Corel LINUX OS launch. Mr. Cammalleri came to Corel from Cossette Communications, where he was responsible for managing a large staff and was lead account manager for BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. , arranging for the provision of a wide range of services including direct marketing, advertising and more. Cammalleri previously held senior positions with Academie Ogilvy and Ogilvy Mather. "I look forward to the tremendous opportunity to focus all of Corel's marketing and communications resources on strengthening the Company's great brands such as WordPerfect and CorelDRAW," said Mr. Cammalleri. "Linux and the Web provide us with a wonderful opportunity to grow our current base of 50 million users worldwide." "Steve and Ross are tremendous assets for Corel, a super addition to our leadership team and I look forward to working with them," said Dr. Cowpland. "I am confident their talents and energy will help Corel capitalize on great new opportunities that Linux and other new technologies are providing us." Mr. Houck and Mr. Cammalleri will report directly to Dr. Cowpland and lead a cohesive team of senior sales and marketing managers responsible for the world wide branding, awareness and sale of Corel's products and services in a variety of channels from retail to corporate and government. Corel Corporation Corel Corporation is an internationally recognized developer of award-winning graphics and business productivity applications. Development of market-leading products such as the CorelDRAW(R) line of graphics applications and the Corel(R) WordPerfect(R) Suite of business tools is continually evolving to meet the demands of the corporate, retail and academic markets. Committed to value, compatibility, choice and open standards, Corel develops products for the Windows(R), Macintosh(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), Linux(R) and Java(TM) platforms. 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. For more information visit Corel's Web site at www.corel.com. Corel, Corel GALLERY, Corel Print House, WordPerfect, CorelDRAW, PHOTO-PAINT, VENTURA 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. Windows and Windows NT are registered trademarks of Microsoft Corporation. All other product and company names are trademarks or registered trademarks of their respective companies. |
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