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CorelDRAW'R' Graphics Suite 12 Celebrates Banner Year! Award-Winning Graphics Suite Experiences Largest Revenue Growth in More than 5 Years

Business Wire, Feb 9, 2005

OTTAWA -- One year following the release of its flagship graphics software, Corel Corporation is celebrating the success of CorelDRAW Graphics Suite 12. Delivering the largest revenue growth for the product line in more than 5 years and an influential collection of award wins, Corel's comprehensive graphics suite has generated significant market momentum over the last 12 months.

CorelDRAW Graphics Suite 12 has enjoyed tremendous success in serving the needs of important customer groups including graphics professionals and value-conscious business users in small-and medium-sized businesses (SMBs). By delivering powerful, yet remarkably easy-to-use graphics software at a great price, Corel has spurred its popularity in the fast-growing SMB market.

Corel's customer-driven strategy has enabled the CorelDRAW product line to deliver impressive gains - surpassing industry growth statistics for the world-wide PC graphics software market. This success is a critical component of the company's impressive business turnaround, restoring growth to all of Corel's major product lines and achieving four consecutive quarters of profitability.

"Last February, Corel launched CorelDRAW Graphics Suite 12 with a clear plan - we focused on delivering a powerful product for our professional graphics customers and growing our presence with small and medium businesses. We are pleased to announce that this commitment has paid off by delivering CorelDRAW's largest revenue spike since 1999," said Nick Davies, General Manager of Graphics for Corel.

"As we enter into the new year, we're building on this highly effective strategy by continuing to reach out to the SMB market, which is notoriously under served by other enterprise-focused software vendors. Vertical markets remain essential to our success as we strengthen our relationships with the key customers and communities who have made CorelDRAW the standard graphics software for their markets, including sign making, engraving, screen printing, and the personalization industries."

Spurring this revenue growth, CorelDRAW Graphics Suite 12 has enjoyed tremendous recognition from some of the most influential publications around the world. With more than 39 industry awards already won, some of the most notable honors include:

- CNET Editors' Choice Award - February 2004
 - CRN "Best Product Overall" SMB publishing solutions review -
   February 2004
 - CNET Top 100 of 2004: Best All-Purpose Graphics Suite - December
   2004
 - ZDNet Week, UK, Editor's Choice Award - March 2004
 - Digital Creative Arts, UK, Editor's Choice Award - March 2004
 - Digital Art Creation, Germany, Kauftipp Award - June 2004
 - Grafica & Digital Foto, Italy, Choice of the Month Award - May
   2004
 - Arte y Diseno, Spain, Recommended Award - September 2004

"We've relied on CorelDRAW Graphics Suite since the beginning and can't imagine working without it. Now that we've adopted version 12, we're able to work faster than ever before. Whenever I speak with colleagues in our industry, I let them know that this is the ideal tool for graphics pros working in a production environment," said Dave Deem, owner of Summit Graphics in Moline, Illinois, offering screen printing, embroidery, and digital printing services.

CorelDRAW Graphics Suite 12 features an exciting new breed of intelligent tools that allow users to complete design tasks twice as fast. Offering unrivaled value, the suite gives customers the incredible power of three integrated graphics applications, plus a collection of other useful tools and utilities, all in one box. CorelDRAW Graphics Suite 12 includes CorelDRAW(R) 12 for illustration, page-layout and vector drawing; Corel PHOTO-PAINT(R) 12 for professional digital imaging; and Corel R.A.V.E.(TM) 3 for motion-graphics creation.

CorelDRAW Graphics Suite 12 is available in 13 languages to customers around the world. Four additional language versions - Swedish, Finnish, Russian, and Hungarian - will be available later this year. Available for the Windows platform, suggested retail pricing in the U.S. is $399 (full), $179 (upgrade), and $99 (education edition). For more information on CorelDRAW Graphics Suite 12 or to download a full-featured, free trial, please visit www.corel.com/cdgs12.

About Corel

Corel Corporation provides innovative software solutions that help millions of value-conscious businesses and consumers in over 75 countries improve their productivity. The Company is renowned for its powerful software portfolio that combines innovative photo editing and graphics creation, vector-illustration and technical-graphics applications along with office and personal productivity solutions. Corel's flagship products include the CorelDRAW(R) Graphics Suite, the WordPerfect(R) Office Suite, the Corel Painter Natural-Media(R) painting and illustration software and the Paint Shop(TM) Family of digital photography and image-editing software.

 

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