Corel Joins Growing International ASP Industry Consortium.OTTAWA--(BUSINESS WIRE)--Nov. 16, 1999-- Over 140 companies, including Corel, have joined new consortium Corel Corporation (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.) has joined the fast-growing Application Service Provider (ASP) Industry Consortium, an international advocacy group dedicated to fostering greater understanding and guidelines for the fast-emerging application service provider segment of the computer industry. The Massachusetts-based ASP Industry Consortium (Application Service Provider Industry Consortium, Wakefield, MA) A now disbanded trade organization founded in 1999 dedicated to research and standards in the application service provider (ASP) industry. has grown quickly in only a few months. Launched on May 11, 1999, at Networld + Interlop in Las Vegas with 25 companies, the consortium now has more than 200 members, including Corel. The consortium will sponsor research, foster standards and work to educate the marketplace about the benefits of the evolving ASP delivery model. Corel is an internationally recognized software developer that has recently embraced the application service provider delivery model. Corel's success is built on its ability to deliver cutting-edge technology to the desktops of computer users around the world. From its early years as a pioneer in the graphics software field to its current innovations in business and Internet software for a variety of platforms, Corel has consistently developed products that respond to evolving consumer needs. "Joining the ASP Industry Consortium puts Corel at the leading edge of what is happening in this exciting new area," said Dr. Michael Cowpland, president and chief executive officer of Corel Corporation. "Our membership will benefit the Consortium as well, because it will give them an inside perspective on the unique needs of software publishers." The consortium has formed four working committees, which are developing the consortium's operating plans: Education and Outreach, Research, Best Practices, and Membership. About The ASP Industry Consortium Founded in May of 1999, the Application Service Provider Industry Consortium is an advocacy group of companies formed to promote the application service provider industry by sponsoring research, fostering standards, and articulating the measurable benefits of this evolving delivery model. The founding members of the ASP Industry Consortium include AT&T; AristaSoft Corp.; Boundless Technologies, Inc.; Cisco Systems, Inc.; Citrix Systems, Inc.; Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. ; Cylex Systems, Inc.; Ernst & Young LLP; Exodus Communications, Inc.; FutureLink Distribution Corp.; GTE; Great Plains Software; IBM Corp.; Interpath Communications, Inc.; JAWS Technologies Inc.; Marimba, Inc.; Onyx Software Corp.; SaskTel; Sharp Electronics Corp.; Sun Microsystems, Inc.; The Taylor Group; Telecomputing TeleComputing (OSE: TCO) is an international information technology operation and outsourcing company that provides services in Norway, Sweden and Russia, including IT on demand and software as a service services. In addition it owns the system development company Kentor. ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and ; UUNET (UUNET Technologies, Inc., Fairfax, VA, www.uunet.net) Founded in 1987, UUNET was the first commercial Internet service provider. Originally offering e-mail and news, it became a full Internet service organization providing dial-up and leased line accounts as well as archive space for ; Verio, Inc.; and Wyse Technology. Information on the ASP Industry Consortium is available on the World Wide Web at www.aspindustry.org or by contacting consortium headquarters at: ASP Industry Consortium, Inc., 401 Edgewater Place, Suite 500, Wakefield, Mass. 01880; Tel: 781-246-9321. Corel Corporation Corel Corporation is an internationally recognized developer of award-winning graphics and business productivity applications. Development of market-leading products such as the CorelDRAW(r) line of graphics applications and the Corel(r) WordPerfect(r) Suite of business tools is continually evolving to meet the demands of the corporate, retail and academic markets. Committed to performance, compatibility, value and open standards, Corel develops products for the Windows(r), Macintosh(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), Linux(r) and Java(tm) platforms. 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. For more information visit Corel's Web site at www.corel.com. Corel, WordPerfect, CorelDRAW 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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