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Technology Stocks : Corel Corp.

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To: eyewatch who wrote (9650)11/14/2000 10:14:45 AM
From: eyewatch  Read Replies (1) of 9798
 
NEWS RELEASE TRANSMITTED BY CCN - A NEWSWIRE SERVICE OF ITG

FOR: COREL CORPORATION

TSE SYMBOL: COR
NASDAQ SYMBOL: CORL

NOVEMBER 14, 2000 - 09:00 EST

Corel(R) Announces Deal with Epson America, Inc.

FALL COMDEX, LAS VEGAS--Corel Corporation (NASDAQ: CORL, TSE: COR)
is pleased to announce a deal with Epson America, Inc. that will
see Corel Print Office(TM) 2000 and Corel Print House(TM) 2000
bundled with two of Epson's new Stylus(R) Color inkjet printers.

Corel will combine its comprehensive Corel Print Office 2000
Multilingual for the PC and Mac with the Epson Stylus Color
880/880i for the Latin American market. The mid-range, twelve
page-per-minute (ppm) Epson Stylus Color 880 targets the growing
number of small business and home office users; it retails for
$149 USD. Corel Print House 2000 will be bundled for PC and Mac in
North America with the consumer-friendly Epson Stylus Color
777/777i. The eight page-per-minute (ppm) Epson Stylus Color 777
aims squarely at the home market and retails for $99 USD.

"This partnership with Epson America reaffirms the strong brand
recognition of Corel's consumer applications in the digital
imaging and desktop publishing markets," said Jon Riis, director
of North America OEM sales. "We have worked closely with Epson
America for many years now and we strive to deliver the best
possible all-in-one solution for the end user."

The new printers are part of Epson's next generation of inkjets
with faster print speeds and enhanced photo quality output. Epson
expects several million printers to be sold with Corel Print
Office 2000 and Corel Print House 2000 over the next year,
indicating their commitment to this package and the future vision
of both companies.

"Bundling these Corel products helps position our printers more
effectively to SOHO and family consumers," said Rodrigo Catalan,
product manager, Epson America. "Corel adds value to our products
and helps users maximize several of the advanced capabilities
featured in our Stylus Color 777 and Stylus Color 880 printers."

Corel Print Office 2000 is an easy-to-use desktop publishing
program that allows small businesses to create brochures, business
cards and other graphics projects with a professional look. Corel
Print House 2000 is a home publishing solution that includes
innovative photo-editing tools, thousands of images, and flexible
layouts that lets users add special effects to pictures, for print
or the Web in a matter of seconds.

Corel Corporation
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