Business Services Industry

IMSI and Corel Enter Into Strategic License Agreement

Business Wire, Sept 4, 1996

SAN RAFAEL, Calif.--(BUSINESS WIRE)--Sept. 4, 1996--IMSI (NASDAQ: IMSI), a leading developer and publisher of quality software for the home and small business markets, announced today that it has entered into an agreement with Corel Corporation whereby IMSI has agreed to provide Corel with clipart from its large library of high-quality vector clipart. Corel will include the images in its Corel MEGA GALLERY software.

"We are very pleased to be associated with Corel on this project," said Martin Sacks, President and CEO. "They have fantastic distribution and we expect that they will be very successful with Corel MEGA GALLERY." In the past 12 months IMSI has worked hard to accumulate an extensive library of electronic art, and we expect to be a provider to both the software publishing community for their needs, as well as to end-users.

That Corel selected us for an important part of their collection is recognition of the advances that we have made in becoming a leading source of premium electronic art world-wide."

Corel Corporation is recognized internationally as an award-winning developer and marketer of productivity applications, graphics and multimedia software. Corel's product line includes CorelDRAW, Corel WordPerfect Suite, Corel Office Professional, CorelVIDEO and over 30 multimedia software titles. Corel is one of the top three companies in the graphics and desktop publishing markets.

Also a leading supplier of desktop publishing software, IMSI offers a full line of mid-priced products for this market which include MasterClips 101,000 Premium Image Collection, MasterClips 35,000 Premium Image Collection, Master Publisher and MasterPhotos 25,000 Premium Photo Collection.

Founded in 1983, IMSI is a leader in developing and publishing quality consumer software for home and small business. The company offers a range of high quality, affordably priced products including TurboCAD 2D/3D. and FormTool Gold., both number one selling products in their respective categories. IMSI is headquartered in San Rafael, California, with wholly owned subsidiaries in the United Kingdom, France, Germany, Australia and South Africa. For more information, contact Victoria Rierdan at IMSI, 1895 Francisco Boulevard East, San Rafael, CA 94901-5506. Telephone: (415) 257-3000, Fax: (415)257-3565, E-Mail: vrierdan@imsisoft.com or visit IMSI's Web Site at www.imsisoft.com. -0-

Note to Editors: IMSI, TurboCAD, FloorPlan Plus, FormTool, and MasterClips are trademarks of IMSI. Corel and WordPerfect are registered trademarks and CorelDRAW, CorelVIDEO and Corel MEGA GALLERY are trademarks of Corel Corporation or Corel Corporation Limited. Other products and companies mentioned herein are used for identification purposes only and may or may not be trademarks of their representative companies.

CONTACT: IMSI

Victoria Rierdan, 415/257-3000

vrierdan@imsisoft.com

COPYRIGHT 1996 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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