Corel Corporation Introduces Corel Professional Services.Business Editors & High Tech Writers OTTAWA--(BUSINESS WIRE)--June 18, 2002 Company Enhances Support for Enterprise, Government & Academic Customers through Expertise Gained in Recent Acquisitions 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 ) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :COR) today introduced the company's professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. group - a team which will deliver world-class customized solutions and support to address the specific needs of enterprise, government and academic clients. Corel's professional services team capitalizes on the enterprise-level expertise gained through the company's recent acquisitions of Micrografx, Inc. and SoftQuad Software SoftQuad Software is best known for its HoTMetaL HTML editing software. HoTMetaL was one of a series of applications created by SoftQuad for editing, viewing and publishing structured (SGML and XML) content. Ltd. to provide enhanced services and support to large organizations. Corel(R) professional services will support all of the company's software offerings, including XMetaL(R), WordPerfect(R) Office, Corel Ventura A Windows desktop publishing program from Corel. It is a full-featured program suited for producing books and other long documents and includes several graphics functions from CorelDRAW. Corel VENTURA was formerly Ventura Publisher, developed by a company that was later acquired by Xerox. (R), CorelDRAW(R), Corel(R) DESIGNER(TM), the iGrafx(R) line of enterprise management software and future enterprise solutions to be launched by Corel. It will provide a full complement of services, such as needs analysis, integration, training, deployment, and support of the company's software solutions. The team will serve customers in all of the company's major markets. The group is led by Joe Sparks, who has worked in the technology and professional services sector for more than 20 years. Mr. Sparks most recently served as vice-president, business development and global alliances at Data Return Corporation, a company that specialized in providing enterprise customers with high-availability managed hosting services. His previous accomplishments include a distinguished, 11-year career at Compaq, where he held key roles in the management of engineering services, strategic alliances, and solutions sales organizations. Mr. Sparks was active in managing critical partnerships with industry leaders including Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, , Oracle Corporation, SAP AG, Cisco Systems, Inc., Level 3 Communications
Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA. , Inc., and other enterprise services providers. "Drawing on the strengths of three great companies, this new professional services group is a critical component of Corel Corporation's enterprise offerings," said Mr. Sparks. "We have brought together a team of talented professionals with extensive experience in creating custom software implementations. Whether it's deploying CorelDRAW, WordPerfect or the new enterprise offerings from Corel, the company's professional services team delivers immediate benefits, providing customers with solutions that allow them to fully capitalize on their organization's content assets." For more information on Corel professional services, please call 877/864-7446, email professionnal.services@corel.com or visit www.corel.com. About Corel Corporation Founded in 1985, Corel Corporation (www.corel.com) is a leading technology company that offers software for home and small business users, creative professionals and enterprise customers. 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, CorelDRAW, Corel DESIGNER, iGrafx, XMetaL, WordPerfect, Corel Ventura and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries in Canada, the US, and/or other countries. All other product, font and company names and logos are trademarks or registered trademarks of their respective companies. |
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