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COREL SIGNS CORELDRAW OEM AGREEMENT WITH COMPAQ

 OTTAWA, March 26 /PRNewswire/ -- Corel Corporation (NASDAQ-NMS: COSFF) announced today an Original Equipment Manufacturer (OEM) agreement with Compaq Computer Corporation (NYSE: CPQ) whereby Compaq will offer CorelDRAW, Corel's award-winning PC graphics package, through COMPAQ DirectPlus, Compaq's new direct response program. Now shipping, CorelDRAW is currently available a la Carte (stand-alone), with future plans for pre-installation on COMPAQ Personal Computers.
 "Corel is pleased to offer CorelDRAW through COMPAQ DirectPlus," said Dr. Michael Cowpland, president and CEO of Corel Corporation. "CorelDRAW is an ideal complement to the product line that COMPAQ DirectPlus has to offer. With powerful drawing, painting, charting and presentation programs integrated into one package, CorelDRAW is a definite asset and an essential productivity package for the small business audience that DirectPlus is targeting," added Cowpland.
 "COMPAQ DirectPlus is pleased to offer CorelDRAW, Corel's award- winning PC graphics program in our software product line," said Barbara Krumland, vice president, COMPAQ DirectPlus. "Along with the convenience of direct response, CorelDRAW customers will enjoy the ability to purchase, from a single source, the COMPAQ PC, CorelDRAW and other options they may require to optimize their graphics systems."
 COMPAQ DirectPlus
 Available immediately, CorelDRAW will be distributed through COMPAQ DirectPlus, the company's recently launched direct response program. The program includes a combination of competitively priced products, application software packages (sold a la carte, pre-installed or specially bundled), preconfigured hardware and software solutions, a trade-in rebate program, three-year warranty, and three levels of superior service and support, which includes having a technician set up and configure products onsite at a customer's office or in the home.
 CorelDRAW 3.0
 CorelDRAW 3.0 is the world's first PC graphics program that combines powerful illustration, photo editing and painting, charting and presentation modules in a single package. The software includes CorelTRACE, a standalone color/black and white autotracing utility, and CorelMOSAIC, a visual file manager that allows batch importing, exporting and printing. A bonus CD-ROM offers more than 14,000 uncompressed clipart symbols and images, more than 250 TrueType and Type 1 fonts, animation flicks, and sample CorelCHART templates, bitmaps, and special effects.
 PRICING AND AVAILABILITY
 CorelDRAW will be competitively priced and available immediately through COMPAQ DirectPlus (800-888-5858).
 Corel will continue to market CorelDRAW separately through Corel distributors worldwide for a suggested list price of $595 U.S.(A)
 COMPAQ COMPUTER CORPORATION
 Compaq Computer Corporation is a world leading manufacturer of PC systems, and desktop, portable, laptop and notebook personal computers and network laser printers. Founded in 1982, Compaq reported 1992 worldwide revenues of $4.1 billion.
 COMPAQ products are sold and supported in more than 85 countries through a network of more than 10,000 Compaq marketing partners, including authorized resellers (national chains, franchisers, retail outlets and superstores), specialized resellers, value added resellers (VARs), distributors, network integrators, systems integrators and authorized third party maintainers.
 Compaq also offers a broad range of service and support programs, including free technical support through the Customer Support Center (installation and setup for software purchased from COMPAQ DirectPlus), product warranties, and product information on CD-ROM. For customer information, call (800) 345-1518.
 COREL CORPORATION
 Incorporated in 1985, Corel Corporation is known internationally throughout the high technology industry as a fast-paced computer software innovator. CorelDRAW, Corel's industry leading graphics software is available in eleven languages and has to date won over 90 international awards from major trade publications. With a network of more than 100 distributors in 40 countries worldwide, Corel is traded on The Toronto Stock Exchange (TSE symbol: COS) and the National Association of Securities Dealers, Inc. Automated Quotation National Market System.
 (A) Reseller prices to end users may vary.
 -0- 3/26/93
 /CONTACT: Media Relations, Janie Sullivan, media relations assistant of Corel, 613-728-8200, ext. 1672, or Mike Berman of Compaq Computer, 713-374-2510/
 (COSFF CPQ)


CO: Corel Corporation; Compaq Computer Corporation ST: Ontario, California IN: CPR SU:

PS -- NY001 -- 9948 03/26/93 08:53 EST
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Publication:PR Newswire
Date:Mar 26, 1993
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