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Technology Stocks : Corel Corp.

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To: BP Ritchie who wrote (8890)4/18/2000 9:35:00 PM
From: eyewatch  Read Replies (2) of 9798
 
Try these.
APRIL 18, 2000

Corel and CTL Team Up to Offer Dual Boot Systems to
Customers! Computers with LINUX/Windows capabilities
offer flexibility and lower cost to users

OTTAWA, CANADA--Corel Corporation (NASDAQ: CORL, TSE: COR) today
announced an OEM deal with Computer Technology Link Corporation, a
global leader in OEM and manufacturing, electronics, and
communication products, which provides the latest technologies to
computer systems.

Computer Technology Link Corporation will release a dual boot
computer system bundled with Corel(r) LINUX(r) OS, WordPerfect(r)
Office 2000 for Linux(r) OEM and Windows(r) 98.

"We're very excited CTL Corporation has selected Corel as their
Linux software solution partner," said Jon Riis, director of OEM
North American sales for Corel Corporation. "CTL has always been
committed to providing a total solution that can be customized to
fit each customer's needs and requirements. With the addition of
Corel LINUX OS and WordPerfect Office 2000 for Linux OEM version
with select desktop systems, CTL offers users the power of a dual
boot system, making the transition to Linux a smoother one."

"CTL is very excited to offer our customers an alternative," said
SJ Kim, president of Computer Technology Link Corporation. "We're
especially excited to be able to offer our customers computer
systems with dual boot Corel LINUX OS/Windows capabilities. We
think the dual boot option provides our customers with tremendous
flexibility and value. We are predicting a very positive response
from the market."

By offering PC systems bundled with Corel LINUX OS, consumers have
access to lower cost systems that provide the power, performance
and stability of Linux without the need to install and configure
the operating system. Making pre-installed Linux systems with a
world-class comprehensive productivity suite like WordPerfect
Office 2000 for Linux readily available to users will increase the
adoption of Linux in the desktop market.

APRIL 18, 2000

Maxspeed's Linux(r) Desktop Devices to be Bundled with
Corel(r) LINUX(r) OS and WordPerfect(r) Office 2000 for
Linux(r) OEM

OTTAWA, CANADA--Agreement with Corel Provides Versatile
Linux-based Office Suite with Windows(r) Capabilities at
Significantly Reduced Costs

Corel Corporation (NASDAQ: CORL, TSE: COR) and Maxspeed
Corporation today announced that the two companies have entered
into an OEM agreement, which they anticipate will accelerate
widespread use of Linux(r)-based office applications on the
desktop.

Under the agreement, Maxspeed will bundle Corel(r) LINUX(r) OS and
WordPerfect(r) Office 2000 for Linux(r) OEM with any one of the
Maxspeed Thin Systems, bridging the hardware and software gap to
enable Linux broad-based expansion into the office desktop
environment.

"Partnering with one of the leaders in Linux desktop devices
strengthens Corel's vision to provide Linux on the desktop, " said
Dr. Michael Cowpland, president and chief executive officer of
Corel Corporation. "Excitement is building as more applications
become available for use on Linux. Corel and Maxspeed are working
together to give customers a more cost efficient alternative."

"This agreement combining Linux-based hardware and software is a
major step in bringing this highly desirable Linux operating
system to the desktop," said Wei Ching, president and CEO of
Maxspeed. "Through agreements like this, Maxspeed intends to
bring to customers Linux solutions that are comparable to
Windows-based office suites. We anticipate a long and fruitful
relationship with Corel."

MaxStation(r), MaxTerm UT and +One Station(r) desktop devices by
Maxspeed allow multiple users to share one Linux server,
eliminating the need for PCs on the desktop. These devices offer
dramatic cost savings with greatly improved reliability,
simplicity, enhanced performance, faster speed, and ease of
installation versus Wintel-based PC networks.

The bundled Maxspeed hardware and Corel software will be available
in late spring 2000.

APRIL 18, 2000

Corel Announces Strategic Alliance with Polywell Company
Inc.

OTTAWA, CANADA--Corel Corporation (NASDAQ: CORL, TSE: COR) today
announced a deal with Polywell Company Inc. to bundle Corel(r)
LINUX(r) OS and Corel WordPerfect(r) Office 2000 for Linux(r) OEM
version with any one of its multi-boot Linux, Windows(r) 98,
Windows NT(r) and 2000 Systems.

Polywell Computers Inc. specializes in manufacturing custom
configurations for a wide range of computers. They have extensive
experience in delivering solutions for the Linux platform and
recognize Corel as a leader in bringing this operating system to
the desktop.

Polywell will bundle Corel's Linux operating system and
WordPerfect Office 2000 for Linux OEM with several of their
multi-boot systems. These systems will be available for purchase
on-line at www.polywell.com/corelinux.html. Consumers will also
have the option to select Corel LINUX OS and WordPerfect Office
2000 for Linux on all Polywell x86 systems.

"In offering PC systems with Linux bundled, consumers, government
and the corporate market have access to lower cost systems that
provide the power, performance and stability of Linux without the
need to install and configure the operating system," said Jon
Riis, director of OEM Sales at Corel Corporation. "Offering Corel
LINUX OS, with a world-class productivity suite like WordPerfect
Office 2000 for Linux, will help speed the adoption of Linux in
the desktop market."

Polywell's products have been regularly reviewed by all major
publications and have received numerous awards, such as: C/Net
Product of the Year 1999; PC Magazine-Editor's Choice, Byte
Magazine's Best Overall; PC Computing -- Product of the Year and
PC World's Best Buys.

Customers can order products online or over the phone, as well as
through resellers overseas including: Japan, Hong Kong, China,
Russia, Brazil, Mexico and the United Kingdom. Because Polywell
doesn't sell through retail distribution, they are able to offer
highly competitive prices.

"Polywell manufactures high quality computers in today's extremely
competitive market. Our product line ranges from Desktop PCs to
RISC based workstations as well as multiprocessor servers and
SAN/NAS storage products," said Sam Chu, president and chief
executive officer, Polywell Computers. "We are delighted to offer
Corel's world class Linux software applications to our extensive
customer base at a much lower cost."
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