Corel Corporation: WordPerfect Scores With the Canadian Federal Government - Corel Corporation Announces Three Major Wins for WordPerfect.Business Editors OTTAWA--(BUSINESS WIRE)--May 23, 2002 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 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 three new upgrade agreements with the Canadian Federal Government. This further demonstrates the government's commitment to Corel's award-winning word processor, WordPerfect(R) 10. The Department of Foreign Affairs foreign affairs pl.n. Affairs concerning international relations and national interests in foreign countries. and International Trade, Industry Canada, and Health Canada have standardized on WordPerfect as their word processor of choice and can now offer the latest version on every computer within their agencies. "Corel is focused on providing solutions that are tailored to meet the government's needs. From our exceptional software products to our flexible licensing programs, we consistently deliver a compelling offering to our government clients," said Gary J. Klembara, executive vice president of sales for Corel Corporation. "WordPerfect 10 provides a strong value proposition and enhances user productivity, helping to ensure that government agencies are able to deliver on their mandate to provide exceptional services to taxpayers." WordPerfect Office 2002 Standard Edition includes WordPerfect 10, Quattro(R) Pro 10, Corel Presentations(TM) 10 and much more. The suite offers customers unprecedented precision and control over document creation. Complete with Reveal Codes, Publish to PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. , support for Microsoft(R) Windows(R) XP and Microsoft Office file formats, including Microsoft Office XP, WordPerfect Office 2002 provides a number of powerful new features to improve productivity. For more information about WordPerfect Office 2002 and the applications within the suite, please visit www.wordperfect.com. Corel Corporation Founded in 1985, Corel Corporation (www.corel.com) is a leading technology company that offers three major brands of software-Corel, procreate pro·cre·ate v. 1. To beget and conceive offspring; to reproduce. 2. To produce or create; originate. pro (TM) and deepwhite(TM)-tailored to distinct customer profiles. With its headquarters 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. 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. This press release contains forward-looking statements as 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, involving the company's expectations about future financial results and other matters. These statements reflect management's current forecast of certain aspects of the company's future business. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results of operations to differ materially from historical results or current expectations. The words "plan", "expect", "believe", "intend", "anticipate", "forecast", "target", "estimate" and similar expressions identify forward-looking statements. Risk factors include 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 for a more complete discussion of the other risks and uncertainties. The factors underlying forecasts are dynamic and subject to change. As a result, forecasts speak only as of the date they are given and do not necessarily reflect the company's outlook at any other point in time. The company does not undertake to update or review these forward-looking statements. (C) 2002 Corel Corporation. All rights reserved. Corel, WordPerfect, Quattro Pro, Corel Presentations and the Corel logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. All other product, font, company names and logos are trademarks or registered trademarks of their respective owners. |
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