Maxspeed Linux Desktop Devices to be Bundled With Corel Linux OS and WordPerfect Office 2000 for Linux - Company Business and Marketing

Edge: Work-Group Computing Report, April 24, 2000

Corel Corporation (NASDAQ: CORL, TSE: COR) and Maxspeed Corporation Tuesday announced that the two companies have entered into an OEM agreement, which they anticipate will accelerate widespread use of Linux-based office applications on the desktop.

Under the agreement, Corel will bundle Corel LINUX OS and WordPerfect Office 2000 for Linux with Maxspeed's desktop devices, bridging the hardware and software gap to enable Linux broad-based expansion into the office desktop environment.

"Partnering with one of the leaders in Linux desktop devices strengthens Corel's vision to provide Linux on the desktop," said Dr. Michael Cowpland, president and chief executive officer of Corel Corporation. "Excitement is building as more applications become available for use on Linux. Corel and Maxspeed are working together to give customers a more cost efficient alternative."

"This agreement, combining Linux-based hardware and software, is a major step in bringing this highly desirable Linux operating system to the desktop," said Wei Ching, president and CEO of Maxspeed. "Through agreements like this, Maxspeed intends to bring to customers Linux solutions that are comparable to Windows-based office suites. We anticipate a long and fruitful relationship with Corel."

Maxspeed's MaxStation, MaxTerm UT and One Station desktop devices allow multiple users to share one Linux server eliminating the need for PCs on the desktop. These devices offer dramatic cost savings with greatly improved reliability, simplicity, enhanced performance, faster speed, and ease of installation versus Wintel-based PC networks.

The Maxspeed-Corel bundled hardware and software will be available in late spring 2000.

Maxspeed is a leader in the emerging Linux desktop device market, serving replicated sites of large enterprises, point-of-sale and small businesses. Its MaxStation for Linux desktop solutions combine attractive cost-of-ownership with speed, simplicity, and ease-of-use unmatched by today's PCs. Palo Alto-based Maxspeed has been selling thin-client systems to well-known businesses nationally for more than ten years and can be accessed at www.maxspeed.com.

Corel Corporation is an internationally recognized developer of award-winning business productivity, graphics and operating system solutions on the Windows, Linux, UNIX, Macintosh and Java platforms. Corel also develops market-leading, Web-based solutions including applications, contents, e-commerce and online services. For access to these services and more information go to www.corel.com or www.corelcity.com. Corel is headquartered in Ottawa, Canada. Corel's common stock trades on the NASDAQ Stock Market under the symbol CORL and on the Toronto Stock Exchange under the symbol COR.