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Corel Responds to Globe and Mail Article.


Business Editors

OTTAWA--(BUSINESS WIRE)--March 9, 2000

Corel Corp. (Nasdaq: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.) wishes to respond to an article appearing in today's Globe & Mail.

Corel has enjoyed a long-standing relationship with Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking . Since 1997, Corel has optimized its software for Intel's processors. Corel has also included Intel's MMX technology in our flagship WordPerfect office and CorelDRAW graphics suites. In early 1999, we optimized our products for the Pentium III processor chip and are looking with interest to Intel's next generation of processors.

At the same time, Corel is in regular contact with major hardware manufacturers regarding bundling opportunities for Corel's award-winning applications, including Corel LINUX OS and our forthcoming WordPerfect Office for Linux. Corel CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Michael Cowpland's remarks quoted in yesterday's Globe & Mail were in reference to these general discussions and were not related to any specific deal or ongoing discussions with any particular company.

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 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. 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:Mar 9, 2000
Words:282
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