CORL running on news:
(BSNS WIRE) Corel and Mattel Sign Graphics Deal: GraphicCorp, a division
Corel and Mattel Sign Graphics Deal: GraphicCorp, a division of Corel, will
provide Mattel's Broderbund unit with the online rights to over 1,000,000
images
Business Editors/Technology Writers
OTTAWA--(BUSINESS WIRE)--June 28, 1999--Corel Corporation
(Nasdaq:CORL) (TSE:COR) and the Broderbund unit of The Learning
Company, a division of Mattel, Inc. (NYSE:MAT), have signed a
strategic licensing agreement in which Corel, through its GraphicCorp
division, will provide Broderbund with the online rights to over
1,000,000 clipart, photo and Web images.
"This is the perfect example of the type of business relationship
we had in mind when we acquired GraphicCorp back in April," said Carey
Stanton, executive vice president of business development at Corel.
"With the GraphicCorp acquisition, Corel became the leading supplier
of clipart, photographs and Web images to software publishers and
hardware manufacturers. We are pleased to be licensing this content to
Broderbund."
GraphicCorp works with over 100 graphic designers around the
world, and these relationships enable GraphicCorp to continually
update and add new content to its collection.
"We are delighted to have reached an agreement with Corel to
license these images," said Gordon Landies, general manager for the
Broderbund unit of The Learning Company. "The addition of Corel's
content to our vast library of images further strengthens our position
as the leading provider of print creativity products."
Along with superior images, GraphicCorp offers a private-label
Web site that allows companies to supply digital content to their
customers. GraphicCorp currently has over two million clipart images,
photographs, Web images, Web animations and downloadable applications
in its collection and is acknowledged in the industry as the world's
leading supplier of such digital content to software publishers and
hardware manufacturers.
The GraphicCorp collection, together with Corel's vast collection
of clipart and electronic images, puts Corel firmly in the top tier of
digital content suppliers. Images from both collections can be found
in Corel products and will be available at clipartcity.com July 9th.
Corel Corporation
Corel Corporation is an internationally recognized developer of
award-winning graphics and business productivity applications.
Development of market-leading products such as the CorelDRAW(r) line
of graphics applications and the Corel(r) WordPerfect(r) Suite of
business tools is continually evolving to meet the demands of the
corporate, retail and academic markets. Committed to performance,
compatibility, value and open standards, Corel develops products for
the Windows(r), Macintosh(r), UNIX(r), Linux(r) and Java(tm)
platforms. 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. For more information visit Corel's Web site at
www.corel.com or GraphicCorp's Web site at www.graphiccorp.com.
About Broderbund
The Broderbund unit of The Learning Company, a division of Mattel
(NYSE:MAT) is one of the country's leading developers of consumer
software for the entire family. The company publishes some of the
best-known education, reference, personal productivity, and family
entertainment brands in the U.S., including American Greetings,
National Geographic, The Print Shop, PrintMaster, Cosmopolitan Virtual
Makeover, Mavis Beacon, Reader Rabbit, The Oregon Trail, Sesame
Street, Carmen Sandiego, and Myst. The company's products are sold in
more than 23,000 retail stores in North America and through multiple
distribution channels including school sales, online, direct
marketing, and OEM. Mattel also develops, publishes, and distributes
products internationally through subsidiaries in France, Germany, the
United Kingdom, Holland, Japan, and Australia, and with distributors
throughout Europe, Latin America, and the Pacific Rim. The Web site is
located at www.broderbund.com
Mattel is a registered trademark of Mattel, Inc. Corel,
WordPerfect, CorelDRAW 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. UNIX is a
registered trademark of The Open Group. All other product names are
trademarks of their respective companies. All other brands and
products referenced herein are the trademarks or registered trademarks
of their respective holders.
--30--brm/se*
CONTACT: Corel Corporation
Stefania Allevato, 613/728-0826 X. 5003 (Canada)
E-mail: stefaniaa@corel.ca
Website: www.corel.ca
or
Catherine Hughes, 613/728-0826 X. 1659 (US)
E-mail: catherineh@corel.ca
or
Broderbund
Robert Naify, 415/895-2864
E-mail: rnaify@mindscape.com
KEYWORD: INTERNATIONAL CANADA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET
Today's News On The Net - Business Wire's full file on the Internet
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