QUOTE AND NEWS
Business Wire  Jan 26  Comment 
Corel Corporation (NASDAQ:CREL; TSX:CRE, “Corel”) announced today that the shareholders of Corel approved its previously announced stock consolidation. The consolidation represented the second and final step in the acquisition of Corel by Corel
StreetInsider.com  Jan 8  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Corel+Corp.+%28CREL%29+Announces+20%25+Reduction+of+Global+Workforce/5233079.html for the full story.
Sydney Morning Herald  Jan 8  Comment 
Corel Corp., the maker of WordPerfect and other software, said Thursday it was reducing its global work force by about 20 percent, or 200 employees, leaving it with 750 workers.
Business Wire  Jan 7  Comment 
Corel Corporation (NASDAQ:CREL) (TSX:CRE) today announced that it is reducing its global workforce by approximately 20% worldwide. The Company is taking these actions to appropriately align its cost structure with its FY2010 operating plan while
Business Wire  Dec 9  Comment 
Corel Corporation (NASDAQ:CREL) (TSX:CRE) is working with partners including NVIDIA to offer a stunning 3D-entertainment experience on the PC. Building off the strengths of its renowned Corel® WinDVD® software, Corel today announced that it has
Marketwire  Dec 3  Comment 
SAN FRANCISCO, CA -- (Marketwire) -- 12/03/09 -- Corel Holdings, L.P. ("CHLP"), a limited partnership controlled by an affiliate of Vector Capital, today announced that it does not plan to extend the subsequent offering period that is scheduled to
TechCrunch  Nov 26  Comment 
Apologies for the confusing headline, but I couldn't resist. This morning, long-time software maker Corel Corporation turned over full ownership to Corel Holdings, a limited partnership controlled by an affiliate of Vector Capital, majority...
Marketwire  Nov 26  Comment 
SAN FRANCISCO, CA -- (Marketwire) -- 11/26/09 -- Corel Holdings, L.P. ("CHLP"), a limited partnership controlled by an affiliate of Vector Capital, today announced that it has successfully completed its all-cash tender offer to purchase all
New York Times  Nov 24  Comment 
Corel, the maker of WordPerfect and other software, on Monday justified an offer to take the company private, saying that complete ownership is necessary to inject capital quickly and avert a default on its loans.
Business Wire  Nov 23  Comment 
Corel Corporation (NASDAQ:CREL; TSX:CRE) announced today that it had filed an amendment to its Solicitation/Recommendation Statement on Schedule 14D-9 and an amendment to its Transaction Statement on Schedule 13e-3 expanding, adding and clarifying



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Corel Slams Microsoft's Office 2003 Update For Zapping Files

Microsoft has said it designed Office 2003 Service Pack 3 to block CorelDraw .CDR files, as well as some other formats, because they're vulnerable to hackers.

Corel rebuked Microsoft (NSDQ: MSFT) for releasing an update to the Office 2003 software suite that disables some Corel files that are saved in older formats. Microsoft has said it designed Office 2003 Service Pack 3 to block CorelDraw .CDR files, as well as some other formats, because they're vulnerable to hackers. Corel isn't buying that claim.

"Corel has unsuccessfully tried to figure out the basis for categorizing .CDR files as less secure," said Gerard Metrallier, Corel's director of product management, in an e-mailed statement.

Metrallier added that security research organizations such as FrSIRT and US-CERT have not included .CDR files in their lists of known threats.

Metrallier said Corel officials have contacted Microsoft in hopes of receiving an explanation. "We want to make 100% certain our file formats pose no security concern for any of our users," he said.




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