Corel Records New Levels of Growth for WordPerfect Office.OTTAWA -- Growth Fueled By Demand From Consumers, Small Businesses For More Affordable Software Alternatives 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. today declared a major milestone for its WordPerfect(R) Office line of productivity software, describing a return to growth in 2004 in terms of revenue, sales and installed base. Long recognized as the leading alternative in an office productivity market saturated by Microsoft(R) Office, Corel solidified so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. its hold on the alternatives market in 2004 by achieving significant growth in sales across all customer segments. This represents a top growth rate for WordPerfect Office A suite of office applications for Windows from Corel that includes WordPerfect, Quattro Pro, Corel Presentations, Paradox and CorelCENTRAL (PIM, scheduling, etc.). It is the successor to Corel WordPerfect Suite, which was the successor to Corel Office. since it was acquired by Corel in 1996. WordPerfect Office's growth is a reflection of Corel's renewed commitment to the product. This growth contributes to WordPerfect Office's base of 20 million customers worldwide, reinforcing its position as the number one preferred alternative to Microsoft Office Microsoft's primary desktop applications for Windows and Mac. Depending on the package, it includes some combination of Word, Excel, PowerPoint, Access and Outlook along with various Internet and other utilities. . The Preferred Office Suite Alternative By unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. , revenue and installed user base, WordPerfect Office is the clear leader in the alternative office suite market. In addition to 2004's impressive growth, WordPerfect Office 12 is the only alternative office suite to generate significant revenue via retail and corporate resellers. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. NPD Group The NPD Group, Inc. is a leading global market research company[1] founded in 1967 and provides consumer and retail information to manufacturers and retailers. Using actual sales data from retailers and distributors as well as consumer-reported purchasing behavior, NPD (i) Unit Sales figures for the last six months of 2004 (retail and corporate reseller channels), WordPerfect Office 12 is dramatically outselling the closest competitor, Lotus(R) SmartSuite(R), at a ratio of 34:1 and is outselling Sun StarOffice at a ratio of 192:1. Furthermore, WordPerfect Office's installed base is growing by more than 1.0 million new users per quarter on the strength of Corel's strong OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and relationships, new products, and an overarching o·ver·arch·ing adj. 1. Forming an arch overhead or above: overarching branches. 2. Extending over or throughout: "I am not sure whether the missing ingredient . . . market trend towards affordable and feature-rich software alternatives. "In 2004 we enhanced our product offering dramatically to meet the needs of customers seeking an alternative-these are individuals that demand something more; they desire innovative, compatible and easy to use software that delivers the most professional looking documents every time," said Richard Carriere, general manager for office productivity at Corel. "In WordPerfect Office, consumers and small businesses see a brand they know and trust, and a product that's been rigorously tested and proven in challenging enterprise deployments, such as the U.S. government, and in editing- and formatting-intensive industries such as the legal market. WordPerfect Office boasts a proven pedigree pedigree Record of ancestry or purity of breed. Pedigrees of domesticated animals are maintained by governmental or private record associations or breed organizations in many countries. that instills a greater sense of confidence in our customers. Trust is a dramatic differentiator in a market filled with untested alternatives." WordPerfect: The Number One Best Selling Office Suite Alternative Already the number one best selling office suite alternative, WordPerfect Office dramatically increased its market share and penetration in 2004 due to a series of important product launches and marketing initiatives. Starting with the April debut of a new, highly compatible WordPerfect Office 12, Corel brought to market several new versions of its office suite during 2004, led by a Standard Edition, including word processing word processing, use of a computer program or a dedicated hardware and software package to write, edit, format, and print a document. Text is most commonly entered using a keyboard similar to a typewriter's, although handwritten input (see pen-based computer) and , spreadsheet, multimedia slide show and address book applications. A Professional Edition and $99 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. (Suggested Retail Price) Student and Teacher Edition followed, both of which include the relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. Paradox. Introduced to address the value-conscious consumer segment, WordPerfect Office 12 - Home Edition debuted in the 2004 holiday season to strong media and user reviews. WordPerfect Office 12 - Home Edition features 8 powerful applications, including valuable Internet security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. and multimedia tools, aggressively priced at a suggested retail price of $69 after a $20 mail-in rebate. WordPerfect Office's growth is backed by a market strategy that emphasizes developing unique solutions to meet the needs of specific customer segments. For example, Corel designs the enterprise-class feature set and flexible licensing policies of WordPerfect Office 12 Standard Edition to meet the needs of large government departments and formatting-intensive law offices. Similarly, WordPerfect Office 12 - Home Edition includes security and multimedia software at a value price to meet the specific demands of consumers. Corel also has the ability to offer partner-specific builds of WordPerfect Office for its OEM partners. This customer- and partner-specific approach is a reflection of Corel's commitment to flexibility and its focus on delivering branded, value-priced alternatives to more expensive software titles. "2004 saw the evolution of Corel into a company that is strong, stable and highly profitable. Long time customers remain enthusiastic about our products, and at the same time WordPerfect is winning new customers across all its target customer segments,"said Carriere. "Corel is clearly focused on providing specific customer segments, including government, law offices, consumers and small businesses, with a compatible, feature-rich and value priced choice in office suites. 2004's strong results are indicative of a market that is seeking alternatives with the capabilities that only WordPerfect can provide." Proven Solutions, Favored By Customers Seeking Alternatives WordPerfect Office products are most popular among customers who are sensitive to the high costs or restrictive licensing terms typical of Microsoft Office, or among those who seek the advantages of WordPerfect Office's unique formatting features and ease of use. Now in its 10th year under the Corel banner, WordPerfect is supported by a vast network of users, online support content, technical support resources, as well as a wide variety of technology partners-ranging from VARs to providers of powerful document management systems. These comprehensive partner and technical support options represent a key differentiator between WordPerfect Office and other office suite alternatives. For more information on WordPerfect Office 12, or to download a free, fully-functioning 30-day trial version, please visit www.wordperfect.com. (i)The NPD Group / NPD NPD New Product Development NPD Nouveau Parti Démocratique (Canada) NPD Narcissistic Personality Disorder NPD Norwegian Petroleum Directorate NPD Nationaldemokratische Partei Deutschlands TechWorld (www.npdtechworld.com), December 2004 About Corel Corporation Corel Corporation provides innovative software solutions that help millions of value-conscious businesses and consumers in over 75 countries improve their productivity. The Company is renowned for its powerful software portfolio that combines innovative photo editing See photo editor. and graphics creation, vector-illustration and technical-graphics applications along with office and personal productivity solutions. Corel's flagship products A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. include the CorelDRAW(R) Graphics Suite, the WordPerfect(R) Office Suite, the Corel Painter Painter is the name of a raster graphics software package used to create natural-looking artistic images using a computer. Originally available on the Macintosh, it is now also available for Windows. Natural-Media(R) painting and illustration software and the Paint Shop Family of digital photography and image-editing software. Corel was acquired by San Francisco-based Vector Capital in August 2003, and since that time, has both re-established growth for its flagship product lines and achieved multiple, consecutive quarters of corporate profitability. Founded in 1985, Corel is headquartered in Ottawa, Canada. For more information, please visit www.corel.com. (C) 2005 Corel Corporation. All rights reserved. Corel, WordPerfect, CorelDRAW, Painter, Natural-Media and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product, font and company names and logos are trademarks or registered trademarks of their respective companies. |
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