Corel Announces Bundling Deal with Compaq.OTTAWA, Ontario--(BUSINESS WIRE)--April 6, 1998--Corel Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :COS)(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 :COSFF) announced today that Compaq has begun bundling Corel's award-winning Corel(R) WordPerfect(R) Suite 8 software on three Compaq Presario Presario is a series of desktop computers and notebooks from Compaq. The Presario family of computers was launched for the consumer marketplace in September 1993. Although HP has since acquired Compaq, the Presario name was not discontinued due to its marketability. PC models sold in Radio Shack stores across the United States. "This agreement helps us further expand our position as a software vendor in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market," said Kevin McNeil, director 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 sales at Corel Corporation. "We are confident customers will be impressed by the added value that Corel and Compaq can offer." Corel WordPerfect Suite See WordPerfect Office. 8 is a full featured office productivity suite with Corel(R) WordPerfect(R) 8 for fast and efficient word processing, the powerful spreadsheet application -- Corel(R) Quattro(R) Pro 8 and Corel(R) Presentations(TM) 8 for dazzling presentations. Also included are Netscape Communicator 4.04, CorelCENTRAL(TM) for personal information management, Corel Photo House(TM) 1.1, Envoy(TM) 7 Viewer and Quick View Plus. "This deal fits well with Corel's mission statement -- to focus our technology leadership to offer customers value, compatibility and choice," said Don Sylvester, senior vice president of Sales at Corel Corporation. "It's also consistent with our 1998 sales strategy to focus on products in retail and key corporate markets." Corel WordPerfect Suite 8 can be found on the new Compaq Presario 2246 desktop, offering the best combination of power and performance in a desktop; the Compaq Presario 4555 minitower min·i·tow·er n. A computer cabinet that is about half the height of a cabinet that houses a tower computer. , offering exceptional multimedia performance; and the Compaq Presario 4665 with advanced multimedia features and outstanding Internet action. Corel Corporation Incorporated in 1985, Corel Corporation is recognized internationally as an award-winning developer and marketer of productivity applications, graphics and Internet software for the corporate and retail markets. Corel's products, which run on most operating platforms, are consistently rated among the strongest in the industry. The company's product line, including CorelDRAW(TM), Corel(R) WordPerfect(R) Suite, Corel VENTURA(TM), Corel Print House(TM) Magic and Corel(R) WebMaster Suite, ships in over 17 languages through a network of more than 160 distributors in 70 countries worldwide. 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 COSFF 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 COS. For more information visit Corel's Web site at www.corel.com. -0- Note to Editors: Corel, WordPerfect, CorelDRAW, Corel Print House and Corel VENTURA are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. All other product and company names are trademarks or registered trademarks of their respective companies. CONTACT: Corel Corporation Nicole Sanford (Canada), 613/728-0826 ext. 5046 E-mail: nicoles@corel.ca Website: www.corel.com or Corel Corporation Sue Ann Wright, 613/728-0826 ext. 5412 E-mail: sueannw@corel.ca |
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