Corel Corporation

January 11, 2005 08:00 ET

Corel CEO Amish Mehta to Speak at World Economic Forum


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: COREL CORPORATION

JANUARY 11, 2005 - 08:00 ET

Corel CEO Amish Mehta to Speak at World Economic Forum

OTTAWA, ONTARIO--(CCNMatthews - Jan. 11, 2005) - Corel Corporation Chief
Executive Officer Amish Mehta will speak at the 2005 World Economic
Forum Annual Meeting, which will be held January 26-30 in Davos,
Switzerland. Renowned as the foremost global community of business,
political and intellectual leaders of society committed to improving the
state of the world, the World Economic Forum has a proven track record
of anticipating future development and issues.

Mehta will participate in two panel discussions at the World Economic
Forum:



- Jordan Education Initiative
Friday, January 28th, 4:30 PM -6:30 PM, Hotel Derby, Fluela

- Solving The Digital Divide
Saturday, January 29th, 7:30 AM-9:30 PM, Hotel Waldhuus,
Jakobshorn


As part of the Jordan Education Initiative panel, Mehta will join a
distinguished team of speakers, including K.M. King Abdullah II Ibn
Hussein of the Hashemite Kingdom of Jordan, Carol Bellamy, Executive
Director of the United Nations Children's Fund and John Chambers,
President and CEO of Cisco Systems. Two years ago, leaders from the IT
and telecommunications industry launched the Jordan Education Initiative
(JEI), one of the world's leading public private partnership programs in
education transformation. The goal of the JEI focused on transforming
Jordan's education system based on sustainable and replicable
private/public sector partnerships. Today, considerable progress has
been made: more than $15 million has been directed to the JEI,
resulting in new curricula in Math, Science, Arabic, ICT and English,
supported by complementary training and in-classroom technology
programs. This panel discussion will focus on the lessons learned since
the JEI was founded in 2003 as well as next steps that must be taken to
further the evolution and growth of the program.

The Solving The Digital Divide panel will share the progress of the "IT
Access For Everyone" (ITAFE) initiative, which was launched by IT and
telecommunications leaders and members of the World Economic Forum last
year. In 2004, the ITAFE pledged to bridge the digital divide by
developing a low cost, wireless Internet enabled device for the
developing world, with Brazil as the initial target market. As part of
this working breakfast session, Mehta will join a distinguished panel
that includes Nicholas Negroponte, Co-Founder and Chairman, The MIT
Media Lab and Wiesner Professor of Media Technology, Massachusetts
Institute of Technology; Jean-Philippe Courtois, Chief Executive
Officer, Microsoft Europe, Middle East and Africa and France, and;
Hector Ruiz, Chairman of the Board and Chief Executive Officer, Advanced
Micro Devices (AMD).

At the World Economic Forum, over 2000 members participate in an
intensive five-day program of workshops and interview-style panel
discussions that focus on crucial global, regional and industry issues.
Participants include heads of state or government, business leaders,
members of civil society organizations, media, academics, scientists and
policy-makers.

About Corel Corporation

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® Graphics Suite, the
WordPerfect® Office Suite, the Corel Painter Natural-Media® painting
and illustration software and the Paint Shop Family of digital
photography and image-editing software.

Corel was acquired by San Francisco-based Vector Capital in August 2003,
and since that time, has achieved record levels of profitability and
growth across all product lines. Founded in 1985, Corel is headquartered
in Ottawa, Canada. For more information, please visit www.corel.com.


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Corel Corporation
    Gail Scibelli
    (617) 539-9984 (work)
    (631) 875-9775 (cell)