Corel and Wacom Sign OEM Bundling Deal: Award-winning products offer users a complete graphics package.Business Editors OTTAWA--(BUSINESS WIRE)--July 5, 2000 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 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.) today announced it has entered into a worldwide 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 bundling agreement with Wacom, a manufacturer and international distributor of graphics tablets. Corel(R) Painter(TM) Classic will be bundled with Wacom's Intuos(TM) and Graphire(TM) graphic tablets, creating an exceptional computer system for painting, illustrating and editing images. This is the first OEM agreement Corel has signed involving the recently-acquired MetaCreations family of products. "Wacom is a leader in the graphics tablet industry and sets the standard for the next generation of graphic tablets," said Jon Riis, director of OEM North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales at Corel Corporation. "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. Classic offers intelligent recognition of both a mouse and a tablet, making it the perfect complement to Wacom's award-winning graphic tablets. With this deal, we are demonstrating our commitment to the MetaCreations product line." Corel Painter Classic provides developing digital artists and novice Web designers with an elegant, quick-to-learn and easy-to-use digital painting technology, whether they're working from existing artwork or painting from scratch. Corel Painter Classic contains a simplified, organized set of Natural-Media(R) tools including paint, chalk, pen and others so that artwork looks hand drawn and organic rather than like computer art. "We are excited to partner with Corel, a world leader in graphics applications," said Masahiko Yamada, senior director at Wacom Company Limited. "Corel has an amazing line of graphics software. Bundled with Wacom's graphics hardware, users will have a comprehensive graphics system that will take them beyond their imagination." The Graphire tablet is one of the market's most accurate graphics tablets. Its features include a three-button cordless mouse, designed to always track smoothly and never need cleaning. There is also a pressure sensitive pen with built in eraser, allowing users to draw sketches, add notes to e-mail, or sign their name. The Intuos tablet is the first professional graphics tablet system in the world. Wacom's ergonomically-designed system of integrated tools are engineered to work together virtually seamlessly. Intuos provides the control, precision and flexibility users need to capture their creativity. This tablet is matched with the accuracy and precision of the pressure-sensitive Intuos Pen, for smooth curves, gradual transitions and precise control. With the Intuos pen users can paint more intuitively, illustrate with more freedom and edit images faster than ever before. 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. Wacom Wacom is best known for having introduced the world's first cordless, batteryless, pressure-sensitive pen in America in 1989. The company is now the leading manufacturer of computer graphics tablets and electronic pens. More than 1,500,000 professionals worldwide use Wacom graphics tablets and pens. Wacom Technology Corp., 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 Wacom Co., Ltd., in Japan, is headquartered in Vancouver, WA. For more information contact Scott Rawlings, Wacom Technology Corp., 1311 SE Cardinal Court, Vancouver, WA 98683; phone 1-800-922-6613; website: www.wacom.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, Corel Painter, Natural-Media and the Go further logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. Wacom, Intuos and Graphire are trademarks of or registered trademarks of Wacom Technology Co. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners. |
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