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Corel Corporation (NASDAQ:CREL) (TSX:CRE) today reported financial results for its third quarter ended August 31, 2007. Revenues in the third quarter of fiscal 2007 were $60.4 million, an increase of 46 percent over revenues of $41.3 million in the third quarter fiscal 2006. GAAP net loss in the third quarter of fiscal 2007 was $6.8 million, or $(0.27) per share, compared to GAAP net income of $5.5 million, or $0.22 per share, in the third quarter of fiscal 2006. GAAP net loss for the third quarter of 2007 includes a non-cash, one-time $5.0 million tax expense relating to the establishment of a valuation allowance against deferred tax assets acquired through the acquisition of InterVideo Inc.
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Full View / NID: 18514 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL; TSX:CRE), announced today that it has entered into a licensing agreement with KDDI Corporation, the largest international information carrier in Japan. Under the agreement, KDDI will use Corel's DVD burning technology with its high-speed broadband network to provide a new service that enables consumers to download a full two-hour movie from the Internet and burn it directly to a DVD disc in as few as 11 minutes. Scheduled to launch September 27, the KDDI DVD Burning service will only be available in Japan.
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Full View / NID: 18513 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced a new beta version of Corel® WordPerfect® Office that supports both the Open Document Format (ODF) and Microsoft® Office Open XML (OOXML), the default file format for Microsoft® Office 2007.
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Full View / NID: 18398 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL) (TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced that Kevin Thornton has been named Senior Vice President, Sales & Marketing, Americas. An industry executive with more than fifteen years of experience, Thornton rejoins Corel to lead the company's sales and marketing efforts across the Americas.
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Full View / NID: 18390 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced that it has partnered with Zazzle®, the internet's Creativity Marketplace™, to offer Zazzle's fine art printing services within Corel® Painter™ Essentials 4, the world's easiest home art studio. This partnership will allow customers to quickly and easily create distinctive keepsakes from their original artwork and photo paintings.
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Full View / NID: 18346 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, today unveiled Corel® Painter™ Essentials 4, the latest release from the company's digital media portfolio. Based on Corel Painter, the world's most powerful painting and illustration software, Corel Painter Essentials 4 includes everything new users need to set up their own home art studio. Featuring a wide selection of paint brushes, pencils, paper textures and built-in tutorials, Painter Essentials 4 is the perfect program to help users get started with digital art and create stunning paintings - either from existing photos or from scratch.
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Full View / NID: 18307 / Submitted by: TACKtech Team
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WinZip Computing, a Corel Company (NASDAQ:CREL; TSX:CRE), today announced the release of WinZip® E-Mail Companion 2.0, a new time saving tool that reduces the size of outgoing e-mail attachments and provides password-based AES encryption to protect confidential information contained in those attachments.
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Full View / NID: 18267 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, today announced that its consumer painting and illustration software, Corel® Painter™ Essentials 3, will be bundled on every Gateway® C-120X Thin & Light Convertible Notebook shipped in North America.
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Full View / NID: 18266 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced that Corel® Painter™ Masters Ryan Church and Andrew Jones will speak at the //2007 ADAPT Conference, held September 24 to September 28 at the Hyatt Regency Hotel in Montreal, Quebec. Jones will speak on Thursday, September 27 from 9:00 to 10:45 a.m., while Church will speak on Friday, September 28 from 1:45 to 3:30 p.m., as part of the 2D Masters Program.
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Full View / NID: 18182 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity, and digital media software, today announced the launch of Corel® MediaOne® Plus, the newest release from Corel's expanded digital media portfolio. The best choice for point-and-shoot digital camera users who want to express their creativity as well as organize, edit and share their photos and video clips, Corel MediaOne Plus is the fast, fun and easy photo and video software. With easy-to-use tools for photo retouching, effortless organization, simple video editing and automatic online backup and sharing from Sharpcast™, Corel MediaOne Plus is the ideal software solution to enrich the way consumers live, work and play.
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Full View / NID: 18096 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, today announced that it has partnered with Wacom to offer an exciting new bundle for budding artists and photo enthusiasts. This partnership will see Corel's easy-to-use consumer digital painting software, Corel® Painter™ Essentials 3, bundled with every unit of the new Wacom® Bamboo™ Fun pen tablet shipped in North America.
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Full View / NID: 18095 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, today announced its participation at DigitalLife. Held September 27-30 at The Javits Center in New York City, DigitalLife is the consumer technology, gaming and entertainment event of the year.
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Full View / NID: 17983 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced the launch of Corel® Paint Shop Pro® Photo X2, a major new product release from its award-winning digital media portfolio. Corel Paint Shop Pro Photo X2 is the ideal digital photography software for aspiring photographers and business communicators who want to transform their digital pictures into professional-looking photos fast. Corel Paint Shop Pro Photo X2 provides users with the widest selection of photo editing features ranging from automatic tools for quick fixes to precision controls for fine-tuning. Unlike lite, essentials or elements version photo editors, Corel Paint Shop Pro Photo X2 provides continued depth of functionality that enables users to grow as their skills and knowledge progress.
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Full View / NID: 17726 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL; TSX:CRE) a leading developer of graphics, productivity and digital media software, today introduced Corel® WordPerfect® Office X3 - Home and Student Edition, the first version of Corel's leading office suite to include the advanced note-taking and Web collaboration capabilities of WordPerfect® Lightning™.
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Full View / NID: 17608 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL) (TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced that David Dobson, CEO, will participate in a special keynote presentation at Red Herring Canada on September 7, 2007 at the Hyatt Regency Hotel in Montreal.
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Full View / NID: 17607 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL) (TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced the appointments of Jeff Hastings as President and General Manager, Digital Media and Jeremy Liang as Senior Vice President, Software Development, Digital Media.
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Full View / NID: 17471 / Submitted by: TACKtech Team
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Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced a partnership with CVS/pharmacy, the largest pharmacy in North America with 6,200 locations across the U.S. Corel has created CVS Photo Editor Plus, a branded software solution based on Corel® Snapfire™. The software is available as a feature on the new CVS Picture CD or as a free download to millions of CVS/pharmacy photo customers from www.cvsphotocenter.com. In addition, Corel is providing CVS/pharmacy with the user interface for the new CVS Picture CD, now available at CVS Photo Centers across North America.
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Full View / NID: 17361 / Submitted by: TACKtech Team
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WinZip Computing, a Corel Company (NASDAQ:CREL; TSX:CRE), today announced that WinZip® 11 was recognized with the People's Choice Award for "Best Application" at the 2007 Shareware Industry Association Awards.
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Full View / NID: 17268 / Submitted by: TACKtech Team
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YouSendIt, Inc., the trusted global leader in digital content delivery and Corel Corporation (NASDAQ:CREL; TSX:CRE) today announced the availability of a plug-in for CorelDRAW® Graphics Suite X3 that gives design and business professionals one-click access to CorelDRAW Courier, a new, easy-to-use online service for sending and sharing large digital files.
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Full View / NID: 17194 / Submitted by: TACKtech Team
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WinZip Computing, a Corel Company (NASDAQ:CREL; TSX:CRE), today announced the public beta of WinZip® E-Mail Companion 2.0, a new application that makes it easy to zip out-going e-mail attachments, saving transmission time and disk space for both the sender and recipient. And, if attachments are sensitive, users can easily protect them with advanced AES encryption.
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Full View / NID: 17193 / Submitted by: TACKtech Team
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