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Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?

To: eyewatch who wrote (9426)	6/27/2000 10:44:00 AM
From: Drew	Read Replies (1) \| Respond to of 9798

Corel Signs Worldwide Deal with HP(r) CCN Disclosure - June 27, 2000 09:02 OTTAWA, CANADA--Corel Corporation (NASDAQ: CORL, TSE: COR) today announced a worldwide OEM agreement with Hewlett-Packard Company, a leading global provider of computing and imaging solutions and services for business and the home. Corel Print House(tm) 2000 (PC) will be bundled with the HP(r) ScanJet(r) 4300C scanner, which is targeted to the home market. This bundling agreement will include a number of localized versions of Corel Print House 2000: International English, English, French, Italian, German, Spanish, Dutch, Brazilian Portuguese, Traditional Chinese, Simplified Chinese and Korean. "Corel and HP have shared a long and exciting relationship, partnering in the past to bring users tremendous value and enhanceproductivity," said Jon Riis, director of North American OEM salesfor Corel Corporation. "By partnering with HP, the world's largestscanner manufacturer, Corel has the opportunity to build on the vast worldwide consumer base of HP and deliver a high quality, easy-to-use, photo editing and graphics package." "The addition of Corel Print House 2000 software to the HP ScanJet4300C scanner bundle delivers exceptional value to HP customers. Corel Print House 2000 provides excellent image editing and photo-effects capabilities to the scanner, making it easy for customers to transform scanned photos and images into exciting documents that can then be printed or uploaded to a favorite Web site," said Kim Bitner, product manager for HP's Greeley Hardcopy Division. Corel Corporation Corel Corporation is an internationally recognized developer of award-winning business productivity, graphics and operating systemsolutions on the Windows(r), Linux(r), UNIX(r), Macintosh(r) and Java(tm) platforms. Corel also develops market-leading, Web-based solutions including applications, contents, e-commerce and online services. For access to these services and more information go to www.corel.com or www.corelcity.com. Corel is headquartered in Ottawa, Canada. Corel's common stock trades on the NASDAQ Stock Market(sm) under the symbol CORL and on the Toronto Stock Exchangeunder the symbol COR. This press release contains statements that are forward looking asthat term is defined by the United States Private Securities Litigation Reform Act of 1995. These statements are based on current expectations that are subject to risks and uncertainties. Actual results will differ due to factors such as shifts in customer demand, product shipment schedules, product mix, competitive products and pricing, technological shifts and other variables. Readers are referred to Corel's most recent reports filed with the Securities and Exchange Commission. Corel, Corel Print House and the Go further logo are trademarks orregistered trademarks of Corel Corporation or Corel Corporation Limited. Hewlett-Packard, HP and ScanJet are registered trademarksof Hewlett -Packard Company. Linux is a registered trademark of Linus Torvalds. All other products, fonts, company names and logosare trademarks or registered trademarks of their respective owners. FOR FURTHER INFORMATION PLEASE CONTACT: Corel Corporation Melanie Rushworth (613) 728-0826 ext. 5051 E-mail: melanier@corel.com Website: www.corel.com