Corel Announces Bundling Agreement with HP.Business Editors OTTAWA--(BUSINESS WIRE)--July 19, 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.) today announced a worldwide 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 agreement to bundle its software with a new line of scanners by Hewlett-Packard Company, a leading global provider of computing and imaging solutions and services for business and the home. Corel will bundle Corel PHOTO-PAINT(R) 8 for Power Macintosh(R) OEM version and Corel Print Office(TM) 2000 OEM version with the HP ScanJet 5370C scanner, which targets the small office and home office market. The agreement includes a number of localized versions of Corel Print Office 2000, including French, Italian, German, Spanish, Dutch, Brazilian Portuguese, Traditional Chinese, Simplified Chinese and Korean. Corel PHOTO-PAINT 8 for Power Macintosh OEM version is a photo-editing, image composition and painting application. Corel Print Office 2000 is a comprehensive publishing solution ideal for the small office and home office user. It enables users to create professional-looking printed documents quickly and easily. "Teaming up with HP to offer Corel PHOTO-PAINT 8 for Power Macintosh OEM version and Corel Print Office 2000 with the powerful HP ScanJet 5370C scanner will allow users to take full advantage of their creativity and enjoy the ultimate scanning solution," said Jon Riis, director of OEM North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales for Corel Corporation. "It is very exciting that HP, the market leader in the flatbed scanner market, has once again chosen Corel as a key strategic software solutions provider." "Bundling Corel PHOTO-PAINT 8 for Power Macintosh OEM version with the HP ScanJet5370C for Macintosh and bundling Corel Print Office 2000 with the HP ScanJet 5370C for PCs will provide HP's customers with excellent image-editing software. This software will give home and business customers the ability to design creative new projects," said Dana Miller, product manager, HP's Colorado Digital Imaging Division. Corel and HP have partnered on a number of initiatives in the past. Most recently, the companies announced a worldwide OEM agreement to bundle Corel Print House(TM) 2000 OEM version with the HP ScanJet 4300C scanner. 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. 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, PHOTO-PAINT, Print Office, Corel Print House 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. Power Macintosh is a registered trademark of Apple Computer Inc. Hewlett-Packard, HP and ScanJet are registered trademarks of Hewlett-Packard Company. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners. |
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