SVNX ..yes, I saw that but an earnings pre-warning could blow that out of the water...waiting a while yet.
CORL has has news out this morning:
Corel and Wacom Sign OEM Bundling Deal: Award-winning products offer users a
13:55
complete graphics package
Business Editors
OTTAWA--(BUSINESS WIRE)--July 5, 2000--Corel Corporation
(NASDAQ:CORL)(TSE:COR.) today announced it has entered into a
worldwide OEM bundling agreement with Wacom, a manufacturer and
international distributor of graphics tablets.
Corel(R) Painter(TM) Classic will be bundled with Wacom's
Intuos(TM) and Graphire(TM) graphic tablets, creating an exceptional
computer system for painting, illustrating and editing images. This is
the first OEM agreement Corel has signed involving the
recently-acquired MetaCreations family of products.
"Wacom is a leader in the graphics tablet industry and sets the
standard for the next generation of graphic tablets," said Jon Riis,
director of OEM North American sales at Corel Corporation. "Corel
Painter Classic offers intelligent recognition of both a mouse and a
tablet, making it the perfect complement to Wacom's award-winning
graphic tablets. With this deal, we are demonstrating our commitment
to the MetaCreations product line."
Corel Painter Classic provides developing digital artists and
novice Web designers with an elegant, quick-to-learn and easy-to-use
digital painting technology, whether they're working from existing
artwork or painting from scratch. Corel Painter Classic contains a
simplified, organized set of Natural-Media(R) tools including paint,
<25>chalk, pen and others so that artwork looks hand drawn and organic
chalk, pen and others so that artwork looks hand drawn and organic
rather than like computer art.
"We are excited to partner with Corel, a world leader in graphics
applications," said Masahiko Yamada, senior director at Wacom Company
Limited. "Corel has an amazing line of graphics software. Bundled with
Wacom's graphics hardware, users will have a comprehensive graphics
system that will take them beyond their imagination."
The Graphire tablet is one of the market's most accurate graphics
tablets. Its features include a three-button cordless mouse, designed
to always track smoothly and never need cleaning. There is also a
pressure sensitive pen with built in eraser, allowing users to draw
sketches, add notes to e-mail, or sign their name.
The Intuos tablet is the first professional graphics tablet system
in the world. Wacom's ergonomically-designed system of integrated
tools are engineered to work together virtually seamlessly. Intuos
provides the control, precision and flexibility users need to capture
their creativity. This tablet is matched with the accuracy and
precision of the pressure-sensitive Intuos Pen, for smooth curves,
gradual transitions and precise control. With the Intuos pen users can
paint more intuitively, illustrate with more freedom and edit images
<45>faster than ever before.
faster than ever before.
Corel Corporation
Corel Corporation is an internationally recognized developer of
award-winning business productivity, graphics and operating system
solutions 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 Exchange under the
symbol COR.
Wacom
<60> Wacom is best known for having introduced the world's first
Wacom is best known for having introduced the world's first
cordless, batteryless, pressure-sensitive pen in America in 1989. The
company is now the leading manufacturer of computer graphics tablets
and electronic pens. More than 1,500,000 professionals worldwide use
Wacom graphics tablets and pens. Wacom Technology Corp., a wholly
owned subsidiary of Wacom Co., Ltd., in Japan, is headquartered in
Vancouver, WA. For more information contact Scott Rawlings, Wacom
Technology Corp., 1311 SE Cardinal Court, Vancouver, WA 98683; phone
1-800-922-6613; website: www.wacom.com.
This press release contains statements that are forward looking as
that term is defined by the United States Private Securities
Litigation Reform Act of 1995. These statements are based on current
<72>expectations that are subject to risks and uncertainties. Actual
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 Painter, Natural-Media and the Go further logo are
trademarks or registered trademarks of Corel Corporation or Corel
Corporation Limited. Wacom, Intuos and Graphire are trademarks of or
registered trademarks of Wacom Technology Co. All other products,
fonts, company names and logos are trademarks or registered trademarks
<83>of their respective owners.
of their respective owners.
--30--ajg/in*
CONTACT: Corel Corporation
Meredith Dundas, 613/ 728-0826 ext. 1513
E-mail: meredithd@corel.ca
Website: www.corel.ca
KEYWORD: INTERNATIONAL CANADA
INDUSTRY KEYWORD: SOFTWARE COMPUTERS/ELECTRONICS
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