Corel Enters Partnership with ASAP Software: Corel Premium Services will be provided easily and economically.Business Editors OTTAWA--(BUSINESS WIRE)--Feb. 21, 2000 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 an expanded partnership with ASAP (chat) asap - As soon as possible. Software, one of the world's largest software and services vendors. Customers will now be able to purchase Corel(r) Premium and Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. easily and economically through ASAP Software. "ASAP's experience, widespread geographic distribution and considerable presence in federal and state governments combined with Corel's outstanding level of support and service makes for a strong and successful partnership that will ensure that our mutual customers are successful with our technology," said Jeff Bennett director of technical and professional services at Corel Corporation. "It's a good fit which will give our clients the total solution to their software needs." This agreement is an expansion on the existing agreement between Corel and ASAP Software. ASAP Software have already been selling Corel's volume licensing program, and now customers can also purchase Corel Premium level support and Corel Professional services. ASAP Software will sell Corel Professional Services for both the Windows(r) and Linux(r) platforms and will include premium support packages and professional services encompassing training, deployment, integration, as well as consulting services, custom development, and Linux turnkey solutions. These packages and services will be geared toward business, government and enterprise clients. "I'm excited about this new opportunity to partner with Corel and provide support, software integration, training, and consulting to our mutual clients. This offering is right in synch with our ASAPartner Net program which provides only the 'best of breed' services," stated Harry Zoberman, Senior Vice President of Operations and Marketing for ASAP. "By choosing ASAP to manage Corel software and professional services, our clients consolidate their purchases, reducing their transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and get the benefit of using experts in their fields." Corel Corporation Corel Corporation is an internationally recognized developer of award-winning business productivity, graphics and operating system solutions on the Windows(r), Linux(r), 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). (r), Macintosh(r) and Java(tm) platforms. Corel also develops market-leading, Web-based solutions including applications, contents, e-commerce and online services. For access to these services and more information go to www.corel.com or www.corelcity.com. Corel is headquartered 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. (sm) 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. ASAP Software ASAP Software is one of the largest international resellers of PC software, servicing the domestic and overseas locations of more than 18,000 corporate, government, and education customers worldwide. It is a Buhrmann Company, the number one office products supplier in the business-to-business market worldwide. ASAP was founded in 1984 to provide a fast, reliable, and economical way for large and mid-tier organizations to buy and support PC software. Add-on hardware and technical services are also a part of ASAP This press release contains statements that are forward looking as that term is 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. These statements are based on current expectations that are subject to risks and uncertainties. Actual results will differ due to factors such as 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. Corel and the Go Further logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. Linux is a registered trademark of Linus Torvalds. UNIX is a registered trademark of The Open Group. All other product names are trademarks of their respective companies. All other brands and products referenced herein are the trademarks or registered trademarks of their respective holders. |
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