Corel Announces Strategic OEM Deal with Future Power: Recent Bundling Agreement Offers Customers a Winning Combination.Business Editors OTTAWA--(BUSINESS WIRE)--Aug. 9, 2000 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 :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 that Future Power, a global PC manufacturer, will bundle every new system it produces with WordPerfect(R) Office 2000 Standard Edition and Corel Print House(TM) Magic Select 4. Future Power, based in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , manufactures affordable, cutting-edge PCs and a wide variety of peripherals such as monitors and equalizers. Future Power sells systems through U.S. distribution channels and maintains nine offices throughout the world. "This partnership with Future Power allows both of us to offer our customers great technology at an excellent value," said Jon Riis, director of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. 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. "This deal will allow Corel to take advantage of Future Power's International presence and increase our worldwide WordPerfect user base." This bundling agreement includes a number of localized versions, including German, French, Italian, Spanish and Dutch. "This partnership with a leading technology company like Corel will ensure that our customers get the latest in computing power combined with proven business productivity applications at an affordable price," said Bill Voecks, general manager of Future Power. "With our global presence, we can leverage valuable resources from our worldwide connections to provide products to an international consumer base." WordPerfect Office 2000 allows users of Future Power systems to, among other things, create professional-looking documents and publish slide shows on the Web. Corel Print House Magic is a sophisticated, user-friendly, comprehensive graphics solution. It can be used for home printing projects such as greeting cards, banners and photo-editing. For more information, visit Future Power's Web site at www.futurepowerusa.com or call 1-888-818-4776. To learn more about the functions of WordPerfect Office 2000 and Corel Print House Magic applications, visit Corel's Web site at www.corel.com. 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 MarketK 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. Future Power Based in Santa Clara, Calif., Future Power manufactures a complete line of high quality desktop PCs and monitors. The company currently offers the Advantage and Adventure Series, which are built primarily for home and 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. users, and the Signature and Power Series, which were designed for the corporate, government and creative professional markets. The AIO See all-in-one. , the world's first 17", Windows-based, all-in-one PC will be available soon. 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, WordPerfect, Corel Print House 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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