Corel Files Suit Against U.S. Department of Labor Alleging Unlawful Procurement Practices.OTTAWA--(BUSINESS WIRE)--Dec. 17, 1999-- COREL(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.) Corel Corporation (NASDAQ:CORL) (TSE:COR) today announced that it has filed suit against the U.S. Department of Labor, alleging unlawful procurement practices. Corel filed its suit in the United States District Court for the District of Columbia The United States District Court for the District of Columbia is the United States District Court that hears cases originating in the District of Columbia over which federal courts have original jurisdiction. , in Washington, D.C. In its complaint, Corel alleges that the Department of Labor has violated applicable statutes, regulations and international treaties, including the Competition in Contracting Act, the Federal Acquisition Regulation and the North American Free Trade Agreement North American Free Trade Agreement (NAFTA), accord establishing a free-trade zone in North America; it was signed in 1992 by Canada, Mexico, and the United States and took effect on Jan. 1, 1994. (NAFTA NAFTA in full North American Free Trade Agreement Trade pact signed by Canada, the U.S., and Mexico in 1992, which took effect in 1994. Inspired by the success of the European Community in reducing trade barriers among its members, NAFTA created the world's ) by "sole sourcing" a major software contract with another software vendor. At the centre of the dispute is a decision by the Department of Labor to standardize its office automation suite on a competing product, despite the fact that, at the time, the Corel WordPerfect(r) family of products was licensed for a majority of the Department's 20,000 work stations. Corel believes the three-year standardization deal could be valued as high as US $8 million. Corel is confident that had it won an open and fair competition for the office automation suite, it would have resulted in substantial savings to taxpayers. "Corel has taken this step to ensure that the United States Government follows its own rules for open and fair procurement," said Marcia Mills, Corel's Corporate Counsel. "This is not a matter particular to Corel, nor are we targetting our competitors -- the Department of Labor's decision adversely affects all software vendors and suppliers to the government." Corel is seeking an immediate injunction against the implementation of the "sole source" contract, and is seeking to have it declared null and void. Corel is also seeking to have the contract tendered in a fair and open competition. Corel recently won a similar judgement against the Canadian Government's Department of Revenue, in a ruling that resulted in the revamping of the Canadian Government's procurement process. Corel is being represented in this suit by attorneys David Nadler and John Kotelly of the Washington D.C. law firm of Dickstein, Shapiro, Morin and Oshinsky. 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. Corel, WordPerfect, CorelDRAW, Corel LINUX OS, PHOTO-PAINT, Corel VENTURA Publisher, Print House, Print Office, Gallery, Custom Photo 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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