Corel Announces Deal with Epson America, Inc.Business Editors COMDEX The former, premier computer trade show in the U.S. Although it grew into an end user event, it was originally created for dealers and distributors (it was the COMputer Dealers EXposition). Fall 2000 LAS VEGAS--(BUSINESS WIRE)--Nov. 14, 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: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 a deal with Epson America, Inc. that will see Corel Print Office(TM) 2000 and Corel Print House(TM) 2000 bundled with two of Epson's new Stylus(R) Color inkjet printers. Corel will combine its comprehensive Corel Print Office 2000 Multilingual for the PC and Mac with the Epson Stylus Color 880/880i for the Latin American market. The mid-range, twelve page-per-minute (ppm) Epson Stylus Color 880 targets the growing number of small business and home office users; it retails for $149 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. . Corel Print House 2000 will be bundled for PC and Mac in North America with the consumer-friendly Epson Stylus Color 777/777i. The eight page-per-minute (ppm) Epson Stylus Color 777 aims squarely at the home market and retails for $99 USD. "This partnership with Epson America reaffirms the strong brand recognition of Corel's consumer applications in the digital imaging and desktop publishing markets," said Jon Riis, director of North America 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. "We have worked closely with Epson America for many years now and we strive to deliver the best possible all-in-one solution for the end user." The new printers are part of Epson's next generation of inkjets with faster print speeds and enhanced photo quality output. Epson expects several million printers to be sold with Corel Print Office 2000 and Corel Print House 2000 over the next year, indicating their commitment to this package and the future vision of both companies. "Bundling these Corel products helps position our printers more effectively to SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. and family consumers," said Rodrigo Catalan, product manager, Epson America. "Corel adds value to our products and helps users maximize several of the advanced capabilities featured in our Stylus Color 777 and Stylus Color 880 printers." Corel Print Office 2000 is an easy-to-use desktop publishing program that allows small businesses to create brochures, business cards and other graphics projects with a professional look. Corel Print House 2000 is a home publishing solution that includes innovative photo-editing tools, thousands of images, and flexible layouts that lets users add special effects to pictures, for print or the Web in a matter of seconds. 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. Epson America, Inc. Epson offers an extensive array of award-winning image capture and image output products for the consumer, business and graphic arts markets. The company is also a leading supplier of value-added point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) solutions for the retail market. Founded in 1975, Epson America Inc. is the U.S. affiliate of Japan-based Seiko Epson Corporation, a global manufacturer and supplier of high-quality technology products that meet customer demands for increased functionality, compactness, systems integration and energy efficiency. Epson America Inc. is headquartered in Long Beach, Calif. 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, Corel Print House, Corel Print Office and the Go further logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners. |
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