Corel Corp. licenses Kai's Power Tools from MetaTools.CARPINTERIA, Calif.--(BUSINESS WIRE)--Aug. 6, 1996--MetaTools Inc. (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 :MTLS MTLS Materials MTLS Moving Target Location System MTLS Munchinton The Last Stand (independent movie) MTLS Multi-Tube Launch System MTLS Transport Layer Security Multiplexing MTLS Multiplexed Transport Layer Security ) Tuesday announced that Corel Corp. has licensed a special edition of MetaTools' award-winning Kai's Power Tools Kai's Power Tools are a set of API plugins created by Kai Krause that were designed for use with Adobe Photoshop and Corel Photopaint. Kai's Power Tools were sold to Corel when MetaCreations was closed. The phrase Kai's Power Tools is often abbreviated to KPT. 3 (KPT KPT Kai's Power Tools KPT Karachi Port Trust (Pakistan) KPT Konover Property Trust, Inc. KPT Kidney-Pancreas Transplantation KPT Kia Pride Tuning (Philippines) ). Corel will include the special edition of KPT 3 with every copy of CorelDRAW 7 for Windows and CorelDRAW Suite 6 for Power Macintosh See Power Mac. (computer) Power Macintosh - Apple Computer's personal computer based on the PowerPC, introduced on 1994-03-14. Existing 680x0 code (both applications and device drivers) run on Power Macintosh systems without modification via a Motorola 68LC040 emulator. . English, French, German and Japanese versions are included in this worldwide agreement. KPT 3 Special Edition is based on Kai's Power Tools, the world's leading plug-in extensions for imaging and graphics software. Kai's Power Tools 3 gives graphic designers, photographers, computer and production artists a whole new set of creative imaging tools. KPT 3 makes it possible to create an endless variety of complex blends, textures, gradients, spheres and fractals that would otherwise be extremely time-consuming to create. "Corel is a leader in graphic-arts software and has over a million customers who are focused on graphic design, multimedia, animation and Web-page developments," said John Wilczak, founder and chief executive officer of MetaTools. "Our agreement with Corel allows us to further expand the Windows market for MetaTools' products, while providing CorelDRAW customers with added value." "As the leading developer of plug-in architecture, imaging technology and creative entertainment tools, MetaTools' advanced technologies complement and enhance the functionality of CorelDRAW 6 Suite for Power Macintosh and CorelDRAW 7," said Dr. Michael Cowpland, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Corel. "Kai's Power Tools 3 Special Edition provides our customers with an excellent range of imaging and special-effects extensions." About Corel Incorporated in 1985, Corel is recognized internationally as an award-winning developer and marketer of productivity applications, graphics and multimedia software. Corel's product line includes CorelDRAW, the Corel WordPerfect Suite See WordPerfect Office. , Corel Office Professional, CorelVIDEO and more than 30 multimedia software titles. Corel's products run on most operating systems, including Windows, Macintosh, 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). , MS-DOS MS-DOS in full Microsoft Disk Operating System Operating system for personal computers. MS-DOS was based on DOS, developed in 1980 by Seattle Computer Products. Microsoft Corp. bought the rights to DOS in 1981, and released MS-DOS with IBM's PC that year. and OS/2, and are consistently rated among the strongest in the industry. The company ships its products in more than 17 languages through a network of more than 160 distributors in 70 countries worldwide. Corel is traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (symbol: COS) and the NASDAQ National Market System (symbol: COSFF). For more information, visit Corel's home page on the Internet at http://www.corel.com. About MetaTools MetaTools, the visual-computing software company, designs, develops, publishes, markets and supports software tools for creating, editing and manipulating computer graphic images, digital art and Internet/on-line content for Windows, Macintosh and other digital editing computing systems. Working with distributors in North America, Europe and Asia, MetaTools' professional and consumer software is available in more than 50 countries. MetaTools is located in Santa Barbara County at 6303 Carpinteria Ave., Carpinteria, Calif. 93013; telephone 805/566-6200; fax 805/566-6385; World Wide Web server http://www.metatools.com. -0- NOTE TO EDITORS: Kai's Power Tools and KPT are registered trademarks and MetaTools is a trademark of MetaTools Inc. Corel is a registered trademark and CorelDRAW is a trademark of Corel Corp. All other names are either registered trademarks or trademarks of their respective owners. CONTACT: MetaTools Inc. Sallie Olmsted or Birgit Spears 805/566-6263 or 805/566-6289 or Corel Corp. Sandra Catana, 613/728-8200, ext. 1438 |
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