Business Services Industry

Corel and Sybase Enter Technology Licensing Agreement

Business Wire, June 17, 1998

OTTAWA--(BUSINESS WIRE)--June 17, 1998--Corel (NASDAQ:COSFF) (TSE:COS.) Sybase to Provide Thin-Client Java(TM) Deployment with jBridge(TM)

Corel Corporation today announced a technology licensing agreement with Sybase Inc., one of the ten largest global independent software companies, to develop and deliver Java(TM)-based Web deployment technology to Sybase customers using Corel's jBridge(TM) technology. The deal makes Sybase the first company to license jBridge, Corel's Java-based thin-client technology.

The two companies will work together to develop a specialized solution for some of Sybase's product line. With jBridge, Sybase customers will be able to use Java technology to deploy their applications over the Internet or company intranet to reach a broad range of new users while reducing the cost of deployment.

"We are extremely pleased that Sybase has chosen jBridge to further advance their Web deployment efforts. jBridge will help corporations leverage existing technology investments, including legacy software, hardware and data, while taking advantage of advancements such as Java and thin-client computing," said Dr. Michael Cowpland, president and chief executive officer of Corel Corporation. "Corel's strategy is to offer our customers a number of viable alternatives and we believe that Web deployment technology is the way of the future."

"Major corporations around the world are demanding technology to reduce the total cost of ownership of the desktop in the enterprise," said Eric Miles, senior vice president, engineering at Sybase. "jBridge technology will provide our customers with the option to utilize the powerful and state-of-the-art solution for quickly delivering enterprise applications to the Internet."

jBridge is a thin-client/server product that makes it possible to run unmodified Windows(R) applications from any computer with a Java Virtual Machine. Applications running from a Windows NT(R) server can be deployed across networks, including the Internet and company intranets, to a number of different client operating systems. Unlike competing application remoting technologies, jBridge does not require modifications to Windows NT and has the ability to process events locally on the client to reduce network traffic and server loads. jBridge delivers these features using industry standards such as Java and TCP/IP. For more information please see the jBridge Web site at www.corel.com/jbridge.>Sybase and Corel are currently testing jBridge in conjunction with Sybase clients. Corel is planning a commercial release of jBridge by late 1998 and

will be showing an early release version of the product at Sybase's PowerSoft Users Conference in August. Corel Corporation

Incorporated in 1985, Corel Corporation is recognized internationally as an award-winning developer and marketer of productivity applications, graphics and Internet software for the corporate and retail markets. Corel's products, which run on most operating platforms, are consistently rated among the strongest in the industry. The company's product line, including CorelDRAW(TM), Corel(R) WordPerfect(R) Suite, Corel VENTURA(TM), Corel Print House(TM) Magic and Corel(R) WebMaster Suite, ships in over 17 languages through a network of more than 160 distributors in 70 countries worldwide. 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. Sybase, Inc.

Headquartered in Emeryville, CA, Sybase, Inc. is one of the ten largest global independent software companies. The company helps businesses manage and deliver applications, content and data anywhere they are needed. Sybase's products, combined with its world-class professional services and partner technologies, provide a comprehensive platform for delivering the integrated solutions businesses need to be successful. Leveraging its existing strengths in enterprise data management and enterprise application development, Sybase, Inc. is focussed on delivering end-to-end solutions for occasionally connected, data warehousing, and Web computing environments. Sybase customers represent the industries leading the global economy, with strong concentrations in financial services, public sector, telecommunications, health care, and media and entertainment. Sybase, Inc. is the official software supplier for the 1998 Football World Cup. The company's Web address is http://www.sybase.com.

Corel, WordPerfect, CorelDRAW, the Go Further logo and Corel VENTURA are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. All other product and company names are trademarks or registered trademarks of their respective companies.

    CONTACT:  Sybase
               Jennifer Biggar, 978/287-1871
               jbiggar@sybase.com
               www.sybase.com
                or
               Corel Corporation
               Nicole Sanford (Canada), 613/728-0826 ext.5046
               nicoles@corel.ca
               www.corel.com
                or
               Corel Corporation
               Susan Gauthier (US), 613/728-0826 ext. 1461
               susang@corel.ca

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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