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Technology Stocks : Corel - Investors with no Humor

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To: A. Reader who wrote (320)1/6/1998 6:10:00 PM
From: Mark Sobkowicz  Read Replies (1) of 1094
 
biz.yahoo.com

"MGI Software Initiates Management Changes For Next Phase Of
Expansion

Appoints New Vice President Of Worldwide Sales

TORONTO--(BUSINESS WIRE)--Jan. 5, 1998--(TSE:MGI. - news) MGI Software Corp., the leader in PC Photography
and Video Publishing software, today announced on the heels of its record third quarter financial report, a series of
management changes designed to facilitate the company's aggressive worldwide expansion. The company named Markus Gunn
as its new vice president of worldwide sales... "

"...Gunn joined MGI in January 1996 and as senior director of European sales substantially grew the company's business in
Europe to nearly 30 percent of world sales. Prior to joining MGI, Gunn was a four-year veteran as general manager Germanic
markets for Corel Corp [Nasdaq:COSFF - news]. Ottawa, Ontario. Gunn was a key player in Corel's success as a
fast-growing company in graphics markets and grew Corel's sales in Europe to nearly 45 percent of its total revenue..."
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