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Corel Signs 25th License Agreement with Bitstream; Leading developer of easy-to-use personal productivity software extends long-standing agreement with Bitstream for font solutions.


CAMBRIDGE, Mass. -- Bitstream Inc. (Nasdaq: BITS) announced today it has renewed its licensing agreement with 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. . Corel continues to include Bitstream font technology solutions in CorelDRAW(R) Graphics Suite and WordPerfect(R) Office. This is the twenty-fifth agreement between the two companies.

"Our customers require speed, reliability, and quality from our products," said Geoff Gaudert, Director, Supply Contracts and Procurement at Corel. "Our long-standing relationship with Bitstream is based on their timely delivery of robust font solutions that provide our customers with the ability to create high-quality text covering the world's languages."

"CorelDRAW Graphics Suite and 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.  offer customers powerful software solutions. We are pleased to once again extend our successful long-standing agreement with Corel," said Anna Chagnon, President and Chief Executive Officer of Bitstream.

CorelDRAW(R) was the first Corel product to benefit from Bitstream font technology. CorelDRAW Graphics Suite is an industry leader in PC graphics and vector illustration - setting the standard for easy-to-use and affordable PC graphics for designers and business users alike. CorelDRAW Graphics Suite 12, the latest version of Corel's flagship graphics suite, won CNET's Editors' Choice and was named by the respected online site as "The Best All-Purpose Graphics Suite" of 2004.

WordPerfect Office combines 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 , spreadsheets, presentations and address book applications in one feature-rich, affordable office productivity suite. Widely deployed across government departments, law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
, small businesses and home offices, WordPerfect is compatible with popular file formats such as Microsoft(R) Office, PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. , HTML HTML
 in full HyperText Markup Language

Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web.
 and XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
 - making it easy for users to share information with others. Recognized as the world's best compatible 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. , WordPerfect stands as the office productivity suite of choice for millions of users worldwide.

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 include CorelDRAW(R) Graphics Suite, WordPerfect(R) Office Suite, 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. (TM), Corel DESIGNER(R) Technical Suite, and the Paint Shop(TM) family of digital photography and image-editing software. Founded in 1985, Corel is headquartered in Ottawa, Canada. For more information, please visit www.corel.com.

About Bitstream

Bitstream Inc. (NASDAQ: BITS) is a software development company that makes communications compelling. Bitstream enables customers worldwide to render high-quality text, browse the Web on wireless devices, select from the largest collection of fonts online, and customize documents over the Internet. Its core competencies include font technology, browsing technology, e-commerce technology, and publishing technology. For more information, please visit Bitstream at www.bitstream.com.

Bitstream is a registered trademark and the Bitstream logo is a trademark of Bitstream Inc. Corel, CorelDRAW, Painter, WordPerfect, DESIGNER, and Paint Shop are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. Other technologies and brand names are trademarks or registered trademarks of their respective companies.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Oct 18, 2005
Words:496
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