Corel Corporation Ships CorelDRAW 7 !OTTAWA--(BUSINESS WIRE)--Nov. 4, 1996-- 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. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). COS., 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 COSFF. ) Corel(R) Corporation and its subsidiaries today began shipping CorelDRAW(TM) 7. Designed for Windows(R) 95 and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. (TM) 4.0, the latest version of Corel's award-winning graphics package is feature-enriched and optimized for productivity, power and precision. The three main applications - CorelDRAW(TM), Corel PHOTO-PAINT Corel PHOTO-PAINT is a raster graphics editor created by Corel. The current version is Corel PHOTO-PAINT X3 (13). It is not sold by itself, but instead included with CorelDRAW (CorelDRAW Graphics Suite). Its main uses are image manipulation and creation of web graphics. (TM) and CorelDREAM 3D - all rank in the top of their categories and together make a complete graphics solution. CorelDRAW 7 carries a suggested list price of $695 US, with an upgrade price of $249 US for users of any version of CorelDRAW from either the Windows or Macintosh platform. Corel VENTURA(TM) and Corel(R) Office Professional 7 users will also be able to take advantage of this upgrade price. "The graphics package that everyone has been anticipating is now shipping - and right on time," said Dr. Michael Cowpland, president and chief executive officer of Corel Corporation. "Beta testers have heaped praise on CorelDRAW 7 for months and now its everyone's chance to get a first hand look." "By creating a revolutionary user interface that provides intuitive access to unparalleled power, along with improved memory handling and faster file open, save, import and redraw To redisplay an image on screen whether text or graphics. The concept is that the first time elements are displayed, they are "drawn," and if something is changed, they are "redrawn." Applications often have a Refresh command that redraws the screen. , the development team has produced an elite package for any discerning graphic designer," added Dr. Cowpland. "I'm normally one to be a bit cautious with any new software release, but CorelDRAW 7 is different. By the fourth beta, I had already removed CorelDRAW 6 from my system - that's how stable and robust I have found the new release to be," said Rick Altman, host of the International CorelDRAW User Conference and editor-at-large for Corel Magazine. "I created a blueprint of our conference ballrooms - 20 feet by 60 feet - and did the whole thing in about one hour, all the way down to the 1 centimeter pin configurations of our video cables. Screen redraw and general performance was to die for." Corel Corporation Incorporated in 1985, Corel Corporation is recognized internationally as an award-winning developer and marketer of productivity applications, graphics and multimedia software. Corel's product line includes CorelDRAW(TM), Corel(R) WordPerfect(R) Suite 7, Corel(R) Office Professional, CorelCAD(TM), CorelVIDEO(TM) and over 30 multimedia software titles. Corel's products run on most operating systems, including: Windows, Macintoshr, 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 over 17 languages through a network of more than 160 distributors in 70 countries world-wide. 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 on NASDAQ-National Market System (symbol:COSFF). For more information visit Corel's home page on the Internet at http://www.corel.com. Corel and WordPerfect are registered trademarks and CorelDRAW, CorelVIDEO, Corel VENTURA and CorelCAD are trademarks of Corel Corporation or Corel Corporation Limited. All products mentioned are trademarks or registered trademarks of their respective companies. CONTACT: Corel Corporation Sandra Catana Finlay, 613/ 728-0826 x1488 INTERNET: http://www.corel.com |
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