Company Profile For Corel Corporation

Corel Corporation (Corel) is a packaged software company with an installed base of around 100 million users in over 75 countries. The Company provides graphics and productivity, and digital media software. The Company’s primary graphics and productivity products are CorelDRAW Graphics Suite, Corel Painter, CorelDESIGNER Technical Suite, WinZip, iGrafx and WordPerfect Office Suite. Its primary digital media products include Corel Paint Shop Pro, Corel Media One and various products acquired as part of the purchase of InterVideo. The Company’s Digital Imaging products include Corel Paint Shop Pro Photo, Corel MediaOne, Corel Photo Album and PhotoImpact. The Company’s products are sold through a distribution platform comprising original equipment manufacturers (OEMs), global e-Stores and its international network of resellers and retail vendors.

BRIEF: For the nine months ended 31 August 2009, Corel Corporation's revenues decreased 23% to $154M. Net loss totaled $5.1M vs. an income of $2.5M. Revenues reflect decreased sales from Digital Media segment and lower income from Graphics & Productivity segment income. Net loss reflects a decrease in gross profit margin, higher amortization of deferred financing fees, lower interest income and decreased restructuring expense.