Corel Announces OEM Agreement with AGFA.OTTAWA--(BUSINESS WIRE)--Sept. 1, 1998--Corel Corporation (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) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :COS.), award-winning marketer and developer of graphics and business productivity software, 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 with Agfa Gavaert N.V. Under the terms of the agreement, Agfa will include a special hybrid CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). with PC and Macintosh(r) versions of Corel PHOTO-PAINT(tm) 8 with all DuoScan T1200 scanners sold. The scanners, bundled with software in English, French, Italian, German and Spanish have begun shipping with the PC software in all five languages and are scheduled to include all Macintosh software by mid Fall 1998. "We are very pleased that Agfa has recognized the exceptional capabilities in Corel PHOTO-PAINT 8. Coupled with Agfa's exceptional technology, this bundle will provide professional and amateur designers with all they need to create outstanding projects," said Dr. Michael Cowpland, president and chief executive officer of Corel Corporation. "We reviewed many options but chose Corel PHOTO-PAINT 8 because it provides a rich variety of professional, yet easy-to-use, image-manipulation tools that let users take full advantage of the DuoScan T1200's powerful image-capture capabilities," said Agfa Per Save, vice president of marketing, Agfa Desktop Products Group. The PC portion of the Corel PHOTO-PAINT 8 CD-ROM includes Corel PHOTO-PAINT 8, Corel CAPTURE(tm), Corel TEXTURE(tm), Corel SCRIPT Editor(tm) and Bitstream(r) Font Navigator(tm). The Macintosh portion contains Corel PHOTO-PAINT 8, Canto(r) Cumulus cumulus: see cloud. (r) Desktop LE 4.0, DiamondSoft Font Reserve (Licensed from Bitstream Inc.), Apple's ColorSync(r) 2.5 and QuickTime(r) 3.0. Agfa, which rates among the world's leading photographic and imaging companies recently announced its new 36-bit DuoScan T1200, the latest in the company's leading range of TwinPlate scanners. In addition to optical character recognition optical character recognition (OCR), method for the machine-reading of typeset, typed, and, in some cases, hand-printed letters, numbers, and symbols using optical sensing and a computer. (OCR OCR in full optical character recognition Scanning and comparison technique intended to identify printed text or numerical data. It avoids the need to retype already printed material for data entry. ) software and Agfa's FotoLook 3.0 intuitive professional scanning software, the DuoScan T1200 includes Corel PHOTO-PAINT 8. This combination gives users in the general business or educational environment, as well as freelancers and designers, a scanning package not previously available at this price level. 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(tm) 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). , 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 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. Corel, WordPerfect, CorelDRAW, PHOTO-PAINT, Corel CAPTURE, Corel SCRIPT Editor, Corel TEXTURE, 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. 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 (US), 613/728-0826 ext. 5412
E-mail: sueannw@corel.ca
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