Corel Corporation Hires Former Adobe Executive as New Senior Vice President, Digital Media.Mark Hilton to Spearhead Company's Go-to-Market Strategy For Expanded Digital Media Portfolio OTTAWA -- 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 :CREL CREL Circular Regional Externa de Lisboa ) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CRE CRE Commercial Real Estate CRE Corporate Real Estate CRE Commission for Racial Equality (Scotland) CRE CCD (Charge Coupled Device) and Readout Electronics CRE Camp Response Element ), a leading developer of graphics, productivity and digital media software, today announced that Mark Hilton has been named Senior Vice President, Product Management & Marketing, Digital Media. Hilton will oversee all product management and product marketing functions for Corel's complete portfolio of products for photo and video editing See nonlinear video editing and video editor. , as well as DVD authoring DVD authoring describes the process of creating a DVD video that can be played on a DVD player. DVD authoring software must conform to the specifications set by the DVD Forum group in 1995. and playback. Prior to joining Corel, Hilton was Adobe's Vice President of Product Management for the Creative Solutions Business Unit. In his role he provided business strategy and vision, as well as product leadership for many of Adobe's flagship products A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. including the Adobe[R] Creative Suites[R], Adobe[R] InDesign[R], Adobe[R] Illustrator[R], and Adobe[R] Dreamweaver[R]. Prior to joining Adobe, Hilton was the co-founder of BeHere Corporation, an Internet virtual reality imaging company. He also served as the company's vice president of marketing and sales. In his new role at Corel, Hilton will be responsible for expanding the reach of Corel's digital media portfolio with innovative software products that are exciting, accessible and highly intuitive for customers. "I am very excited to join Corel at such a pivotal time in the company's history and in the industry at large," said Mark Hilton. "Never before have people had so many avenues to express themselves, as we have seen with the explosion in social networking sites A Web site that provides a virtual community for people interested in a particular subject or just to "hang out" together. Members create their own online "profile" with biographical data, pictures, likes, dislikes and any other information they choose to post. like Facebook[R], MySpace(TM) and YouTube(TM) and the growing consumer demand for digital cameras, camcorders and portable media players. Corel is uniquely positioned to serve this rapidly growing market with the industry's broadest portfolio of software products for people who want to communicate with family, friends or business associates in more persuasive and engaging ways." "I am delighted to have Mark as a key member of our team as we accelerate our efforts to win mind and market share in the consumer digital media market," said Jeff Hastings Jeff Hastings (born c. 1960) was a US ski jumper who competed in the Olympic Winter Games in Sarajevo in 1984. Hastings finished 4th on the large hill behind Pavel Ploc, Czh, just 2/10ths of a point out of the medals. , President & General Manager, Digital Media. "His breadth of industry experience and his keen understanding of customer needs will play an important role in bringing Corel's digital media vision to the market." Corel's broad portfolio of digital media products includes the latest software for photo and video editing, as well as advanced DVD authoring and playback giving consumers all of the tools they need to capture, edit, author, burn, distribute and play digital content on their PCs, digital media players and other devices. In addition, Corel's video and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. products give users the ability to watch their own video creations or the latest Hollywood blockbusters where and when they want, with full support for today's most popular file formats and technologies, including Blu-ray and HD. To learn more about Corel's Digital Media portfolio or to download free, fully-functional trial versions of the Company's digital media software, please visit www.corel.com/digitalmedia . About Corel Corel is a leading developer of graphics, productivity and digital media software with more than 100 million users worldwide. The Company's product portfolio includes some of the world's most popular and widely recognized software brands including CorelDRAW[R] Graphics Suite, Corel[R] Paint Shop Pro[R] Photo, Corel[R] Painter[TM], Corel DESIGNER A full-featured Windows drawing program from Corel that has been widely used by technical illustrators. Originally developed by Micrografx, which was acquired by Corel in 2001, Corel DESIGNER is a very sophisticated vector graphics program providing many features of a CAD program, [R], Corel[R] WordPerfect[R] Office, WinZip[R], WinDVD[R] and iGrafx[R]. Designed to help people become more productive and express their creative potential, Corel's software strives to set a higher standard for value with full-featured products that are easier to learn and use. The industry has responded with hundreds of awards recognizing Corel's leadership in software innovation, design and value. Corel's products are sold in more than 75 countries through a well-established network of international resellers, retailers, original equipment manufacturers, online providers and Corel's global websites. The Company's headquarters are located in Ottawa, Canada with major offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , United Kingdom, Germany, China, Taiwan, and Japan. Corel's stock is traded on the NASDAQ under the symbol CREL and on the TSX under the symbol CRE. www.corel.com (c) 2008 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, WinDVD, and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product names and any registered and unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners. CRELF |
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