Corel and Seiko EPSON Announce OEM Agreement.OTTAWA--(BUSINESS WIRE)--Oct. 20, 1998--COREL(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 :COSFF) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :COS) 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. Tuesday announced an 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 agreement with Seiko EPSON Seiko Epson Corporation (セイコーエプソン株式会社 that will see various language versions of Corel Print House(TM) Magic OEM version bundled with EPSON EPSON Son of Electronic Printer Stylus(R) Color 640 printers. Bundles including International English, French, Italian, German, Swedish, Spanish and Portuguese are currently shipping in Europe and the Asia Pacific region (excluding Japan). "This is a very exciting deal for us as we continue to forge into the International marketplace," said Kevin McNeil, vice president of Worldwide OEM Sales at Corel Corporation. "Since EPSON is such a dominant player in the printer market, this agreement can only help to solidify Corel's position as a graphics software leader." "Corel Print House Magic is a consumer-based imaging software which is currently bundled in several European and Asian countries with the EPSON Stylus Color 640. Customers responded enthusiastically to the combination of both high-tech products. Corel Print House Magic is undoubtedly an advanced and innovative added-value to the EPSON printer and it matches EPSON Stylus Color 640's target," said Shunji Hiraide, general manager of Mass Marketing and Product Management at Seiko EPSON. "The current home market with multi-media PCs, digital cameras, scanners and color printers offers a wide range of potential for both EPSON and Corel. We believe this working relationship with Corel will only serve to solidify the positions of both companies as market leaders." Corel Corporation Corel Corporation is an internationally recognized developer of award-winning graphics and business productivity applications. Development of market-leading products such as the CorelDRAW(TM) line of graphics applications and the Corel(R) WordPerfect(R) Suite of business tools is continually evolving to meet the demands of the corporate, retail and academic markets. Committed to value, compatibility, choice and open standards, Corel develops products for the Windows(R), Macintosh(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), Linux(R) and Java(TM) platforms. 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 COSFF 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 COS. For more information visit Corel's Web site at www.corel.com. Seiko EPSON Corporation Seiko EPSON Corporation began as a manufacturer of watches, then branched out to provide customers with innovative new products, such as inkjet printers, that meet the demands of the times. In 1994, EPSON introduced its color imaging concept to the world. Now EPSON is working to offer color solutions of much higher quality and speed by merging its device and micromechatronic technologies. As a leader in the field of color solutions, EPSON continues to meet the world's needs with exciting new technological advances. Corel, WordPerfect, CorelDRAW 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 product and company names are trademarks or registered trademarks of their respective companies. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion