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Technology Stocks : Corel - Investors with no Humor

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To: Mark Sobkowicz who wrote (693)7/7/1998 8:58:00 PM
From: Mark Sobkowicz  Read Replies (2) of 1094
 
Corel Partners with Canto to Provide Media Management Solutions

Monday July 6, 4:35 pm Eastern Time

Company Press Release

Corel Partners with Canto to Provide Media Management Solutions

OTTAWA--(BUSINESS WIRE)--July 6, 1998--Corel (Nasdaq:COSFF - news; TSE:COS. - news) Upcoming Release of
CorelDRAW(TM) 8 for Power Macintosh(R) to Include Cumulus(R) Desktop LE 4.0.

Corel Corp. Monday announced it has partnered with Canto Software and licenced Cumulus(R) Desktop LE 4.0 for inclusion
in its upcoming release of CorelDRAW(TM) 8 for Power Macintosh . Recognized by several leading Macintosh(R)
publications as being a best of breed media asset management tool, Cumulus Desktop LE 4.0 is an ideal complement to
CorelDRAW 8 for Power Macintosh.

CorelDRAW 8 for Power Macintosh, the design and photo-editing application, provides specialized tools for professional
graphic designers and amateurs alike. CorelDRAW 8 for Power Macintosh provides users with thousands of stock images that
can be edited or touched up. With the addition of Cumulus Desktop LE 4.0, users will now be able to take advantage of a
powerful media management solution to facilitate the organization of their images.

''Cumulus Desktop LE 4.0 is an excellent software tool for media management,'' said John Geleynse, Macintosh product
marketing manager at Corel Corp. ''We chose to partner with Canto because we recognize they have some of the best tools
available for this program and we believe this will benefit our Macintosh customers in a big way. The inclusion of this product
will help us to reach our goal of providing professional and new users with a robust graphics toolkit.''

Jason Taylor, vice president of sales and marketing at Canto Software states, ''It's a natural fit to incorporate a design and
photo-editing application and a media management solution into one. By bundling Culumus Desktop LE with Corel's leading
application, it allows us to bring media asset management tools to the mass market.''

Cumulus Desktop LE 4.0 is a media management system designed to organize and manage files. With Cumulus Desktop LE
4.0, digital and media professionals can organize, track, preview, copy, move, annotate and archive virtually any type of digital
media, including graphic, page layout, presentation, sound, and video files. Cumulus Desktop LE 4.0 has been widely reviewed
and is recognized as a powerful media management solution both on Mac(R) OS and Windows(R).

Corel will be bundling a full-featured version of Cumulus Desktop LE 4.0 with CorelDRAW 8 for Power Macintosh with a
limited catalog size of 2,000 items. Drag and drop functionality will allow users to easily operate between Cumulus Desktop LE
4.0 and CorelDRAW 8 or Corel PHOTO-PAINT(TM) 8. Corel has also developed plug-in filters to allow native
CorelDRAW 8 and Corel PHOTO-PAINT 8 file formats to be viewed as thumbnails within the Cumulus Desktop LE 4.0
viewer.

CorelDRAW 8 for Power Macintosh will include quality clipart images in Encapsulated PostScript format (EPS), high
resolution digital photos in Kodak Photo CD and JPEG format, floating bitmap objects in Tag Image File Format (TIFF), and
more. All of this value-added content will be cataloged using the Canto's Cumulus Desktop LE 4.0 technology allowing users
to quickly find what they need and integrate it into their documents.

Corel Corporation

Incorporated in 1985, Corel Corp. is recognized internationally as an award-winning developer and marketer of productivity
applications, graphics and Internet software for the corporate and retail markets. Corel's products, which run on most operating
platforms, are consistently rated among the strongest in the industry. The company's product line, including CorelDRAW(TM),
Corel(R) WordPerfect(R) Suite, Corel VENTURA(TM), Corel Print House(TM) Magic and Corel(R) WebMaster Suite,
ships in over 17 languages through a network of more tommon stock trades on The Nasdaq Stock Market(SM) under the
symbol COSFF and on the Toronto Stock Exchange under the symbol COS. For more information visit Corel's Web site at
www.corel.com.

Canto Software

Founded in 1990, as a private software company, Canto Software is the leading supplier of Media Asset Management
software applications used by ad agencies, design firms, prepress/print production shops, and print, Web, and multimedia
publishers. Canto Software's flagship product, the cross platform Cumulus Media Management System, lets users manage and
automate their digital media files in any workflow. Cumulus 4.0 offers configurations for individuals, networked workgroups,
and the Internet. It has an installed base of 75,000 users, is distributed in 38 countries through VARs, dealers, and system
integrators worldwide.

Canto has offices in San Francisco, and Berlin, Germany. For further information, call 415/905-0300, e-mail info@canto.com,
or visit Canto's Web site at www.canto.com

Corel, WordPerfect, CorelDRAW, Corel PHOTO-PAINT, Corel Print House, the Go Further logo and Corel VENTURA
are trademarks or registered trademarks of Corel Corp. or Corel Corp. Limited. Cumulus is a registered trademark of Canto
Software Inc. All other product and company names are trademarks or registered trademarks of their respective companies.

Contact:

Corel Corporation
Sue Ann Wright, 613/728-0826 Ext. 5412
E-Mail: sueannw@corel.ca
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