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Technology Stocks : Corel - Investors with no Humor

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To: Stang who wrote (368)1/26/1998 10:05:00 AM
From: Stang  Read Replies (1) of 1094
 
Corel Computer News:

newsalert.com

(Full text of press release from Canadian Corporate News)
JANUARY 26, 1998
Corel Computer Corp. announces release of CorelVIDEO(TM)
Corporate v.1.72
OTTAWA, ONTARIO--Corel Computer Corp. today announced the
release of CorelVIDEO(TM) Corporate version 1.72, a major
upgrade to its video communications product line. The current
release expands on the idea of deploying video as a complete
communications system using tools such as desktop
videoconferencing, video on demand and corporate and business
television.
Recently, Corel Computer implemented a trial version of
CorelVIDEO Corporate with Global Access Telecommunications
Services, Inc., a Williams company. The goal of the project
was to enable more effective communications among four
Williams offices in Denver, Colorado; Rockville, Maryland;
Houston, Texas and Tulsa, Oklahoma.
With the help of Corel Computer, Williams is successfully
implementing quality service as well as near-transparent video
and audio use among its locations. With the click of a mouse,
Williams' employees can quickly and easily communicate through
videoconferencing. In addition, video content can be
distributed to all locations from a central site. The
connection speeds between the locations can vary from 384kb/s
to T1 (1.55Mb/s) and even to DS3 (45Mb/s) if required. "We
are proud to have been able to help Williams implement such a
successful video solution," said Eid Eid, president of Corel
Computer Corporation. "Our software expertise and resources,
custom applications and features, and rapid implementation and
integration enabled us to create a unique solution. Corel
Computer has shown that CorelVIDEO Corporate is ideal for
large organizations deploying video distribution and
communication networks."
CorelVIDEO Corporate features five major improvements from
the previous version:
1. V.35 WAN Support
Dedicated and direct modes of V.35 codec connections are
now supported. Dedicated V.35 codec supports DTR to indicate
that a call is being initiated while the connecting device
establishes a circuit to the destination. Direct V.35 codec
allows the communication lines between two locations to be
active at all times without having to establish a video
connection.
2. High-performance WAN connections
This feature is intended for site-to-site connections at
384 Kbps or higher, or for sites that prefer to use a WAN
connection instead of an ISDN line
3. Auto-answer PC-less consoles
Consoles that are connected to devices such as VCRs or
communication equipment have the ability to send and receive
video automatically.
4. Fibre optic trunk and line extenders
Trunking and user line signals can now be extended to 3 km
with the use of multimode fibre and Corel(R) FIBRE OPTIC
EXTENDERS.
5. Video screen saver
CorelVIDEO Corporate provides the option to switch to a
screen saver mode to eliminate potential screen damage while
in Video on Idle mode.
The implementation of an innovative automated testing
program was key to the quality and rapid development cycle of
CorelVIDEO Corporate version 1.72. Quality assurance software
developed by Corel Computer complemented existing quality
programs. The software automated testing and simulated user
traffic on a CorelVIDEO test site. The software simulated tens
of thousands of potential user operations and performed more
than 30,000 video calls per week.
"Customers can feel confident that their CorelVIDEO
solution has been tested to ensure reliability and
performance," said Allan MacPhee, product manager for
CorelVIDEO. "Automated testing as part of the QA program has
made CorelVIDEO Corporate the most stable and problem-free
release in the history of the product."
The CorelVIDEO quality assurance lab consists of more than
75 computers running under various platforms such as
Windows(R) 95,Windows NT(R), Windows(R) 3.11 and Macintosh(R).
Corel Computer has twelve dedicated internal video networks
that allow the company to simulate real- world environments.
Corel Computer Corp.
CorelVIDEO(TM) and the Corel Video Network Computer(TM)
are the cornerstones of Corel Computer Corp.'s strategy to
merge communications and computing on the corporate desktop.
Corel Computer offers industry-leading video communications
tools that are reliable, scalable and deliver the power and
productivity of face-to-face communications whether users are
across the hall or around the world. Corporate customers
seeking turnkey solutions can turn to Corel Computer for
custom integration and deployment of low-cost network
computing clusters and videoconferencing. Corel Computer
Corp. is a wholly-owned subsidiary of Corel Corporation, an
award-winning developer of graphics software and productivity
applications. Company information is available on the World
Wide Web at corelcomputer.com.
About Williams
Williams, through its subsidiaries, is the nation's
largest-volume transporter of natural gas and provides a full
range of traditional and leading-edge energy and
communications services. Its communications enterprises
include nationwide single-source business communications
systems integration; international video satellite and
fiber-optic transmission; multipoint video- and
audio-conferencing; satellite business applications; enhanced
fax services; interactive technical training, on-demand
distance learning, and Internet and telemarketing services.
Company information is available on the World Wide Web at
twc.com and wilcom.com.
Corel is a registered trademark of Corel Corporation.
CorelVIDEO, CorelCAM and Corel Video Network Computer are
trademarks of Corel Computer Corp. Windows is a trademark of
Microsoft Corporation. MAC is a trademark of Apple Computer
Corporation. All product and company names are trademarks or
registered trademarks of their respective companies.

FOR FURTHER INFORMATION PLEASE CONTACT:

Corel Computer Press Contact
Oliver Bendzsa
(613) 788-6000 ext.6167
oliverbcorelcomputer.com
corelcomputer.com
or
Williams Media Contact
Melissa Kozicki
(918) 588-5115
melissa.kozickiwilcom.com
twc.com and wilcom.com
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