Corel and Rebel.com to Deliver Linux to the Enterprise Marketplace: Strategic Partnerships Allow Corel to Extend Its Linux Offering to SME Customers.Business Editors OTTAWA--(BUSINESS WIRE)--May 30, 2000 In a key strategic move, 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: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 its intention to enter into a partnership with Rebel.com to deliver an enterprise edition of Corel(R) LINUX(R) OS using Rebel.com's OfficeServer software. This new product will provide front and back-end support for Linux as well as a migration path enabling computer users to move freely between multiple platforms Refers to two or more operating environments, which typically include the CPU family and operating system. For example, if versions of a program run on Windows and the Macintosh, the software is said to support multiple platforms. . Building on its success in the small to medium-sized enterprise market (SME (1) (Small and Medium-sized Enterprise) See SMB. (2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. ), Corel will leverage its acknowledged expertise on the desktop and offer enterprise clients an affordable and comprehensive Linux server and Web-based OS solution. Since its launch last November, the Corel LINUX Corel Linux, also called Corel LinuxOS, was a Debian-based Linux distribution made by Corel that was released in late 1999. Corel later discontinued the distribution, but did not remove the former Corel Open Source Development website until March 2002. OS desktop edition has gained widespread recognition in the industry. Recent figures released by PC Data, a market research firm, show Corel is now ranked second only to Red Hat(TM) when tracking the share of revenues from sales of the Linux operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. in the U.S. retail market (PC Data Retail Software Report -- April 2000). Most recently, Corel LINUX OS Deluxe Edition won the Best New Product Award in the End-User Software Category by Government Computer News at FOSE FOSE Federal Office Systems Exposition 2000, the largest information technology exposition serving the government marketplace. With an eye to the future, Corel is strategically moving towards the solutions consumers are demanding. According to International Data Corporation, Linux Server Operating Environments have seen a 93.2 per cent growth from 1998 to 1999. "Corel has established itself as an innovative force in the Linux market with our desktop version of Corel LINUX OS. Now we are taking the next logical step in our long-term strategy by delivering that same strength and ease of use to an enterprise solution," said Dr. Michael Cowpland, president and chief executive officer at Corel Corporation. "By combining Rebel.com's award-winning server software technology with our front-end Linux expertise, we will offer users greater choice and flexibility to ensure we provide an end-to-end solution that meets their computing needs." Corel and Rebel.com have signed a Letter of Intent wherein Rebel.com agrees to license its Linux-based OfficeServer software, currently part of Rebel.com's Internet server appliance A self-contained computer system specialized for Internet or intranet use with primary access to setup and configuration through a browser. See server appliance. product -- NetWinder(TM) OfficeServer, to Corel. In recent benchmark tests conducted by ZD Labs, Rebel.com's NetWinder OfficeServer with DMA (1) (Digital Media Adapter) See digital media hub. (2) (Document Management Alliance) A specification that provides a common interface for accessing and searching document databases. enabled came a clear first in Web Server testing, with performance up to 20% better than the Whistle Interjet, and 100% better than the Cobalt Qube 2. Please refer to www.zdnet.com/zdlabs/stories/main/0,8829,2417272,00.html for a full text version of the ZD Labs report. "There is a definite need for a simple, one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. in the Linux market," said Michael Mansfield, president of Rebel.com. "The combination of Corel LINUX OS and Rebel.com's OfficeServer software will supply the SME market with a solution that provides a comprehensive range of benefits and ease of use." The OfficeServer software efficiently meets the needs of today's business by providing full Internet and local area network support. It includes a broad range of network services such as firewall/VPN, Web site hosting, Web access, file and printer sharing An operational state in a computer that lets other users in the network copy files and use the printer. See file sharing. and E-mail. In addition, a standing agreement between Corel and GraphON enables Corel to provide a migration path, allowing computer users to move freely between multiple platforms. Together, Corel LINUX OS and GraphOn Bridges(TM) and GO-Between(TM) give IT managers the ability to deploy Linux, Windows(R) and 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)-based applications to every desktop in their organization with ease. This partnership offers both simplicity, flexibility and a lower total cost of ownership for customers. Through these partnerships, Corel will offer enterprise clients an affordable and comprehensive server and Web-based OS solution. Each component of the enterprise edition will be available individually, including the server edition which will ship in the fourth quarter of 2000. The enterprise edition will be available in the first quarter of 2001. It will be localized in several languages. Technical and professional services to support the enterprise and server editions of Corel LINUX OS will also be available through Corel's Linux partners, including LinuxForce and 8D. Further details including pricing and availability will be announced shortly. 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(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. Rebel.com Based in Ottawa, Canada, Rebel.com is a manufacturer and supplier of Linux-based NetWinder Internet server appliances and was named one of Canada's fastest growing companies by Profit magazine. Available in either compact desktop or industrial-strength rackmount formats, the NetWinder product line includes the NetWinder Developer and the NetWinder OfficeServer. Providing outstanding power, speed and flexibility, the NetWinder efficiently meets the development or Web serving needs of today's organizations. For more information, please visit our Web site at www.rebel.com. 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 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. |
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