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COREL FINALIZES AGREEMENT TO ACQUIRE VENTURA PUBLISHER

 OTTAWA, Oct. 1 /PRNewswire/ -- Corel Corporation today announced that effective Sept. 30, 1993 they have acquired Ventura Publisher, Ventura Database Publisher and all related technologies from Ventura Software. The acquisition began with a letter of intent signed on Aug. 27, 1993.
 The acquisition provides Corel with all platform and localized versions of Ventura Publisher and Ventura Database Publisher. Corel also inherits all source and object code for on-going development rights.
 Effective immediately, Corel will assume full responsibility for customer service for Ventura Publisher and Ventura Database Publisher. Corel will be making a formal announcement regarding the direction of the product on Oct. 20, 1993 at Seybold in San Francisco. Registered users of Ventura Publisher, Ventura Database Publisher and CorelDRAW will receive a mailing in October with details on the future direction of the product. For customers who wish to purchase the current shipping version of the product, we recommend they contact their local software dealer as stock is currently available in the channel.
 Effective Oct. 29, 1993, technical support for these products will be available from Corel Corporation. Until then, registered users of these products may continue to receive technical support by contacting Ventura Software Inc.
 -0- 10/01/93
 /CONTACT: Investor/Public Relations Department of Corel, 613-728-0826, ext. 4500/


CO: Corel Systems Corporation; Ventura Software Inc. ST: Ontario IN: CPR SU: TNM

LG -- NY041 -- 7753 10/01/93 11:32 EDT
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Publication:PR Newswire
Date:Oct 1, 1993
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