Corel Corporation

October 24, 2005 08:55 ET

Corel Corporation Appoints New Executive Vice President of Sales and Marketing for Americas Geography

OTTAWA, ONTARIO--(CCNMatthews - Oct. 24, 2005) -

Leading Global Software Provider Names Industry Veteran and Former Macromedia Executive Patrick Morley to New Post

Corel Corporation, a leading global software provider, today announced that Patrick Morley has been named Executive Vice President, Sales and Marketing for the Americas geography. A seasoned software industry executive with more than eighteen years of experience in sales, marketing, business and channel development, Morley has proven expertise in driving exceptional growth and revenue generation through strategic sales and distribution initiatives for both established and emerging software companies.

In his new role, Morley will be responsible for all aspects of Corel's business in the Americas including revenue, profit and customer satisfaction. Reporting to Corel Chief Executive Officer David Dobson, Morley will lead sales and marketing execution, distribution channel management and strategic partnerships and alliances.

During his career, Morley has successfully created and led software distribution for three public companies and several venture-backed organizations. Prior to joining Corel, Morley was CEO of Imprivata, a Lexington, Mass.-based provider of enterprise single sign-on (ESSO) appliances. Previously, Morley served as Vice President of North America at Macromedia, Inc., where he had responsibility for sales and marketing. As Vice President of the Americas at Allaire Corporation, he built and led the sales, marketing and services strategy and execution. In addition, he also held sales and marketing roles at SQA Inc., Rational Software Corp. and IBM.

"Over the past two years, Corel has made great progress in refocusing on our core customers and product segments," said Dobson. "Today, we are recognized as a global leader in providing easy-to-use, affordable, high-quality software applications that span digital imaging and management, vector illustration, office and personal productivity solutions. With Patrick on board leading the Americas business, we will continue to solidify our market position across those segments. I am confident that he will have an immediate impact on our sales and business development initiatives."

"I am very excited to join Corel - a dynamic organization that is shaping the packaged software industry," said Morley. "An increasing number of businesses, consumers and government agencies are seeking greater value and simplicity in their software investments. These customers are turning to Corel for proven, reliable software that is far more affordable and easier to use than comparable products. With this ongoing trend, there is a tremendous opportunity for Corel to emerge as the value leader in the packaged software sector."

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. Founded in 1985, Corel is headquartered in Ottawa, Canada. For more information, please visit www.corel.com.

(C) 2005 Corel Corporation. All rights reserved. Corel, WordPerfect, CorelDRAW, Natural-Media, Painter, Paint Shop and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product, font and company names and logos are trademarks or registered trademarks of their respective companies.

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