Corel Signs its First Tier One Consumer ASP-C Me Run: Companies Deliver Corel Software Titles to Consumers
Business Wire - May 23, 2000 09:51
OTTAWA--(BUSINESS WIRE)--May 23, 2000--Corel Corporation (NASDAQ:CORL)(TSE:COR.) today announced a licensing agreement with C Me Run Corporation (OTC: BB: CMER), an Application Service Provider Engine, enabling consumers to access Corel's software through an Internet Service Provider (ISP) or telco.
C Me Run will host and deliver WordPerfect(r) Office 2000, CorelDRAW(r) 9, CorelDRAW 9 Office Edition, Corel Print Office(tm) 2000, Corel(r) Custom Photo, Corel Print House(tm) Magic and 1000's of clipart and Web images to North America consumers who have Internet access and utilize the Web for productivity and creativity.
"This demonstrates Corel's continued commitment to the ASP market and illustrates the importance of the Internet," said Carey Stanton, executive vice-president, business development and legal affairs at Corel Corporation. "This type of software deployment is a rapid area of growth for Corel and we are delighted to be working with the experienced ASP team at C Me Run."
The ASP market is growing fast and Corel is leading the way as a major ISV committed to the thin-client solution. Through C Me Run, users can access Corel software applications easily and securely through the Internet.
C Me Run enables consumers to access brand-name software programs and store files via a secure Web browser on the Internet through their ISP or telco, using almost any Internet-ready device.
"Today's licensing agreementstep forward in moving computing from the desktop to the Internet," said Jim Lovie, chief executive officer of C Me Run. "With C Me Run the Internet becomes the hard drive and Corel software becomes anyware. As Corel's first Tier One Consumer ASP, C Me Run will deliver on our commitment to bring the world's most popular software packages to consumers via the Internet."
To see a live C Me Run demonstration of Corel software, stop by the C Me Run booth located at #A1609 at ASPCON/ISPCON in Orlando, Florida this week, May 23 to 25, 2000.
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(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(sm) under the symbol CORL and on the Toronto Stock Exchange under the symbol COR.
C Me Run
Founded in 1999, C Me Run Corp. is an ASP engine delivering Internet computing. The company's service offering enables consumers to access brand-name software programs via a secure Web browser and store files through their favorite Internet portal or Internet Service Provider using any Internet-able device. Headquartered in Hudson, MA, C Me Run trades on the NASD Over-the-Counter Bulletin Board (OTCBB: CMER). It is the first company to emerge from Chell.com. For more information, visit the company's Web site at cmerun.com.
Chell.com
Chell.com is a technology strategy bank founded by Cameron Chell to test and grow businesses out of the latest in technology and service innovation within the ASP industry. Cameron Chell is also a Founder and the Vice Chair of the ASP Consortium www.allaboutasp.com and Founder of FutureLink Distribution Corp. Chell.com is comprised of a group of more than 20 professionals specialized in the areas of technology, finance, corporate law, investor relations, public relations, marketing, and human resources recruitment. For more information on Chell.com, visit the company's website at chell.com.
This press release contains statements that are forward looking as that term is defined by the United States 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 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 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. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners.
CONTACT: Corel Corporation
Melanie Rushworth, 613/728-0826 ext. 5051
E-mail: melanier@corel.com
Website: www.corel.com
or
C Me Run
Steve Harrington, 978/567-6812
E-mail: sharrington@cmerun.com
or
C Me Run
Glenn Lachowiez, 877/446-8231
E-mail: investors@cmerun.com
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