To: Leo Mitkievicz who wrote (6715 ) 6/2/1999 9:56:00 AM From: John BOYCE Respond to of 9798
Great NR,major licencing agreement with Hewlett Packard. Corel and HP Sign Major Licensing Agreement - Corel Print Office(tm) to be included with the HP CD-Writer Plus Products OTTAWA, ONTARIO--Corel Corporation (NASDAQ: COSFF, TSE: COS) today announced that it has signed a worldwide licensing agreement with Hewlett-Packard Company (NASDAQ: HWP) that will see Corel Print Office(tm) OEM version included with some of HP's CD-Writer Plus products. Corel Print Office(tm) OEM version will be available with the HP CD-Writer Plus 755Oi and 7500e models in English, French, Italian, German, Spanish, Dutch and Brazilian Portuguese. "This package is a fantastic opportunity for small- and home-office users," said Kevin McNeil, vice president of Worldwide OEM Sales at Corel Corporation. "We believe that a package that offers the two features of recording and creating CDs, and creating business materials such as brochures and business cards, will be of great value to our customers and will enhance the productivity of their offices." Corel Print Office was designed specifically to meet the graphics and page-layout needs of the small and home office markets. It allows users to create sophisticated business cards, letterhead, envelopes, newsletters and more, using customizable sample files and templates. In addition, Corel Photo House(tm) 2.1, which is part of the Corel Print Office package, allows users to manipulate images downloaded directly from digital cameras or through scanners. HP is the worldwide market share leader in CD rewritable storage technology. The HP CD-Writer Plus family of products allows consumers to create CDs; save files, photos, music and videos as easily as saving to a floppy disc; share files with 200 million CD-ROM drives and 600 million CD audio drives; write and rewrite up to 650 MB of data and save those files up to 1,000 times on CD-RW media; and back up and archive files. 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 COSFF and on the Toronto Stock Exchange under the symbol COS. For more information visit Corel's Web site at www.corel.com. Corel, Corel Print Office, Corel Photo House 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 and company names are trademarks or registered trademarks of their respective companies. -30-