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Corel KnockOut 1.5 In Stores Now!: Create digital photo composites with stunning realism in a fraction of the time.


Business Editors

OTTAWA--(BUSINESS WIRE)--May 30, 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 Corel(r) Knockout 1.5, its powerful and innovative masking software Software that is able to cut out or "knock out" one part of an image. An image editor can be used, but requires that the user trace the object with extreme precision, which may be impossible if it is very complicated.  application, is available across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . For both Macintosh(r) and PC, this powerful and exciting upgrade will help imaging professionals reach new heights of creative power and produce professional masking quality, quickly and easily.

Corel KnockOut 1.5 masking software is a powerful yet easy-to-use application, that successfully combines the control and precision needed to create digital photo composites with a high level of accuracy and realism. Corel KnockOut 1.5 produces virtually seamless composite images that maintain fine details such as hair, transparencies, smoke, motion blur, and shadows that were once thought impossible to preserve successfully.

The unique strength of Corel KnockOut 1.5 is that it will reproduce the soft transitions of foreground edges, however wide or variable in density, while removing any trace of the visible background in that transition. When this 'knocked out foreground' is combined with a new background the transitions will have the same transparency as the original.

"Corel has been a leader in the high-end graphics market for over 10 years and we are committed to further enhancing this masking technology," said Derek J. Burney, executive vice president of engineering and chief technology officer at Corel Corporation.

"Corel KnockOut 1.5 puts Corel at the leading edge of the rapidly growing digital photo-editing market. Corel continues to provide the best value possible to our users by offering a professional masking solution on both the Macintosh and Windows platforms," added Burney.

Corel KnockOut 1.5, together with Corel PHOTO-PAINT(r) or Adobe(r) PhotoShop(r), forms an exceptional toolkit of image-editing solutions for print and Web publishing.

Features and Enhancements

Professional designers want the tools they need to achieve maximum creativity easily and quickly. Corel KnockOut 1.5 has been streamlined to provide productivity enhancements to allow designers to expand their creative boundaries without compromising high caliber images.

Enhancements include:

* A new Loupe loupe (lldbomacp) [Fr.] a magnifying lens.

loupe
n.
A small magnifying lens.



loupe

a magnifying lens.
 Zoom to magnify mag·ni·fy
v.
To increase the apparent size of, especially with a lens.
 selections as users define the object,

allowing for more precise masking lines

* The ability to verify mask accuracy by changing the underlying

color or inserting another image

* Easy removal of unnecessary or extra Syringe Points

* A new Syringe Tool cursor that amplifies the underlying color

allowing for more accurate pick up of color selections

Pricing and Availability

Corel KnockOut 1.5 is available at a suggested retail price (SRP SRP - A data link layer protocol. ) of $279.99 US (dealer may sell for less).(1) Additionally, in the U.S. and Canada, all registered users of CorelDRAW(r), Corel PHOTO-PAINT or Corel VENTURA(tm) are eligible for a $50 rebate when they buy Corel KnockOut 1.5 with proof of purchase.

In September 1999, Corel licensed PC and Macintosh versions of Ultimatte Corporation's KnockOut(tm) software application. Since that time Corel has released the 1.1 version as an Electronic Software Download.

(1) As previously announced, users who purchased Ultimatte KnockOut 1.0 or Corel KnockOut 1.1 are eligible for a free upgrade until December 31, 2000.

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.

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, Corel PHOTO-PAINT, CorelDRAW, Corel VENTURA and the Go further logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. Macintosh is a registered trademark of Apple Computers, Inc. Adobe and PhotoShop are registered trademarks of Adobe Systems Incorporated. KnockOut is a trademark of Ultimatte Corporation used under license. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 30, 2000
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