Inprise and Corel Form Strategic Alliance to Accelerate Linux(r) OS and Application Adoption: Companies Agree to Form R&D Alliance
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
SCOTTS VALLEY, CALIFORNIA--OTTAWA, CANADA--Inprise Corporation (Nasdaq: INPR), and
Corel Corporation (Nasdaq: CORL, TSE: COR), today announced a strategic alliance to
accelerate commercial mainstreaming of Linux(r) technology.
As part of the alliance, the companies will form a research-and-development
partnership to facilitate the development of Corel's office productivity applications and
Inprise's application development tools and enterprise solutions for the Linux operating
system. The alliance will also include a seeding strategy wherein Linux products from
both companies will be jointly marketed and distributed.
"This is the next step in our ongoing commitment to the Linux OS," said Dale Fuller,
interim president and chief executive officer of Inprise. "The partnership extends the
existing cooperation between Inprise and Corel to provide enterprise-class Linux
solutions to development teams who are building mission-critical applications."
"This complete solution of an easy-to-use Linux desktop, powerful applications and
highly efficient development tools will accelerate the progress of bringing Linux into
the computing mainstream," said Dr. Michael Cowpland, president and chief executive
officer of Corel Corporation. "We are pleased to join Inprise in ensuring the Linux
world has the same best-of-breed applications and development tools that are available in
the Windows environment today."
The alliance will enable the companies to develop middle-tier solutions for
distributed computing, combining the strengths of Corel and Inprise's offerings.
About 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 value, compatibility, choice and open standards, Corel
develops products for the Windows(r), Macintosh(r), UNIX(r), Linux(r) and Java(tm)
platforms. Corel's common stock trades on The NASDAQ Stock Market under the symbol CORL
and on the Toronto Stock Exchange under the symbol COR. For more information visit
Corel's Web site at corel.com.
About Inprise Corporation
Inprise Corporation is a leading provider of Internet-enabling software and services
designed to simplify the complexity of application development for corporations and
individual programmers. Inprise delivers integrated, scalable and secure solutions,
distinguished for their ease of use, performance and productivity. Committed to open
platforms, Inprise continues its tradition of service and support for the millions of
software developers around the world through its online developer community and
E-commerce site -- www.borland.com -- providing a range of technical information,
value-add services and third-party products. Founded in 1983, Inprise is headquartered in
Scotts Valley, California, with operations worldwide. To learn more, visit us at
www.inprise.com or call (800) 632-2864.
Inprise product names are trademarks or registered trademarks of Inprise Corporation.
Other names mentioned herein may be trademarks of the party using such names.
This release contains forward looking statements, as that term is defined by the US
Private Securities Litigation Reform Act 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: consumer demand, product ship schedules, PC shipment growth, product
mix, competitive products and pricing, technological shifts and other issues discussed in
the Companies' Reports on Form 10-K and other reports filed with the Securities and
Exchange Commission.
Note: 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Inprise Corporation Brett Smith (831) 431-1341 E-mail: bsmith@inprise.com or Corel
Corporation Judith O'Brien (613) 728-0826 ext. 5405 E-mail: juditho@corel.com Website:
www.corel.com
08:59 EDT SEPTEMBER 28, 1999 |
