Will Participate with other Leading Software Developers as part of Global Effort to Combat Piracy
Ottawa, Canada — December 10, 1998— Corel Corporation has joined the Business Software Alliance (BSA) as a worldwide member and will participate in anti-piracy and public policy campaigns in Europe, Asia, North and South America and South Africa.
"We are pleased that Corel will become part of the BSA's efforts to halt software piracy around the globe as well as foster public policy that will expand trade opportunities for one of the fastest growing segments of the world economy," said BSA president and chief executive officer Robert Holleyman. "Corel's membership will help to further BSA's educational and enforcement activities and contribute to the promotion and adoption of governmental policies to protect copyrighted and other creative works on the Internet."
Corel has actively worked to prevent software piracy as members of various anti piracy organizations. In the last year, Corel has run a number of software amnesty campaigns in Eastern Europe to help discourage the use of illegal and gray market products.
"Corel is pleased to join the BSA's considerable efforts to stop software piracy," said Dr. Michael Cowpland, president and chief executive officer of Corel Corporation. "Corel is committed to fostering public education and awareness of the detrimental effect piracy has on industry and consumers alike."
Software theft has a significant economic impact on the world economy. Worldwide, the software piracy rate is 40 percent, costing the industry US $11.4 billion in 1997 alone. Piracy remains the biggest threat to the continued health and vitality of the industry. BSA members support aggressive anti-piracy and enforcement campaigns undertaken in more than 65 countries.
Corel Corporation is an internationally recognized developer of award-winning graphics and business productivity applications. Development of market-leading products such as the CorelDRAW® line of graphics applications and the Corel® WordPerfect® Suite of business tools is continually evolving to meet the demands of the corporate, retail and academic markets. Committed to value, compatibility, choice and open standards, Corel develops products for the Windows®, Macintosh®, UNIX®, Linux® and Java™ platforms. Corel's common stock trades on The NASDAQ Stock Market 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 .
The Business Software Alliance
Since 1988, the Business Software Alliance has represented the world's leading software developers before governments and with consumers in the international marketplace. BSA educates computer users on software copyright, advocates public policy that fosters innovation, expands trade opportunities and fights software piracy. BSA worldwide members include Adobe, Autodesk, Bentley Systems, Lotus Development, Microsoft, Network Associates, Novell, Symantec and Visio Corporation. Additional members of BSA's Policy Council include Apple Computer, Compaq, IBM, Intel, Intuit and Sybase. For more information about the Business Software Alliance, please call 1-888-NO-PIRACY, or visit BSA's websites at http://www.bsa.org/ and http://www.nopiracy.com./
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