Corel and Toshiba Partner to Serve European Market: Corel WordPerfect Suite 8 to be bundled on Toshiba computers.OTTAWA--(BUSINESS WIRE)--Nov. 2, 1999-- Corel Corporation (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 :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.) is pleased to announce that it has signed a major bundling agreement with Toshiba in the European market. Corel(r) WordPerfect(r) Suite 8 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 will be bundled on Toshiba's consumer notebooks in Europe. Corel WordPerfect Suite See WordPerfect Office. 8 OEM will be available on the Satellite 2610CDT and 2650XDVD machines in the following languages: International English, French, Italian, German, Spanish, Dutch, Brazilian Portuguese, Swedish, Danish and Finnish. Customers in Europe who purchase a Toshiba computer bundled with Corel WordPerfect Suite 8 will receive a special coupon to upgrade to WordPerfect(r) Office 2000. "This is a phenomenal opportunity which will significantly increase the penetration of our WordPerfect productivity applications throughout Europe," said Kevin McNeil, vice president of worldwide OEM sales at Corel Corporation. "The inclusion of our WordPerfect suite with Toshiba's computers will provide consumers in Europe with a great combination of technology and value." Corel WordPerfect Suite 8 is a full-featured office productivity suite with Corel WordPerfect 8 for fast and efficient word processing and a number of other world-class applications. WordPerfect Office 2000 is Corel's latest release of the WordPerfect suite and is packed with powerful software for word processing, spreadsheets, presentations and Web publishing. "We are pleased to be teaming with a leading software vendor like Corel to bring a world-class hardware and software package to our computing customers in Europe," said Karl Albrecht, general manager for Computer Systems, European Marketing, Toshiba in Europe. "When we saw the superior compatibility and ease of use of the WordPerfect suites, we felt that the software would be the perfect fit for our computers." 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(r) 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 performance, compatibility, value 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 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. For more information visit Corel's Web site at www.corel.com. TOSHIBA EUROPE GmbH Toshiba Europe GmbH (TEG teg also tegg n. A sheep in its second year or before its first shearing. [Origin unknown.] Noun 1. teg - two-year-old sheep lamb - young sheep ) is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Toshiba Corporation responsible for office equipment and consumer products in Europe. TEG is the sole manufacturer and distributor of Toshiba notebook PCs in Europe with a PC production plant in Regensburg, Bavaria. In 1998, Toshiba was Europe's and the world's number one supplier of mobile PCs. European market share for the first three quarters was 28.3% (units). The Toshiba Corporation is the world's sixth largest electronics conglomerate. The company achieved consolidated net sales of US $43.8 billion in the fiscal year 1998 ending March 31, 1999. Currently, the company employs 188,000 people with over 221 subsidiaries. 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. UNIX is a registered trademark of The Open Group. All other product names are trademarks of their respective companies. All other brands and products referenced herein are the trademarks or registered trademarks of their respective holders. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion