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Fwd: Corel Takes Strategic Ownership Stake in Newlix



Just a little info on Caldera...

----- Forwarded message from Lorna  Graf <lornag@corel.com> -----

> Date: Wed, 12 Jan 2000 10:36:39 -0600
> From: "Lorna  Graf" <lornag@corel.com>
> Subject: Corel Takes Strategic Ownership Stake in Newlix
> X-Mailer: Mozilla 4.61 [en] (Win98; I)
> Organization: Corel Corporation
> X-Accept-Language: en,pdf
> X-UIDL: e4153badc18023f82713e27c8f7df188
> 
> 
>      Good Morning! More exciting news on the linux front!
> 
> 
> 
> 
> For Immediate Release
> 
> Corel Takes Strategic Ownership Stake in Newlix
> Newest affiliate makes Corel powerful end-to-end Linux® solution
> provider
> 
> Ottawa, Ontario – January 12, 2000– Corel Corporation (NASDAQ: CORL,
> TSE: COR) today announced it has entered into an agreement to acquire up
> to a 30 per cent interest in Newlix, an Ottawa-based Linux start-up
> company.
> 
> Corel’s knowledge of Debian-based Linux® and its experience in
> easy-to-use GUI (graphical user interface) development will help Newlix
> as it develops future generations of its Linux-based Omega server
> software.
> 
> “This deal illustrates Corel’s continued commitment to providing a
> complete end-to-end Linux solution,” said Michael Cowpland, president
> and chief executive officer of Corel Corporation. “The Omega server
> software is based on hot Linux technology and Corel looks forward to
> working alongside Newlix to develop an integrated and easy-to-use
> solution.”
> 
> Newlix president and co-founder John Hansen said Corel’s investment is
> very strategic to his company’s success.
> 
> “In addition to financial backing, Corel brings marketing and
> development support, which is of enormous value to a young company like
> Newlix,” said Mr. Hansen. “Corel also has a strong track record in the
> Linux community, and its equity stake will help to establish Newlix’s
> credentials.”
> 
> Newlix' flagship Omega product is networking server software based on
> the Linux operating system, designed for small to medium-sized
> businesses. The Omega server, designed to connect up to 50 networked
> personal computers, handles Internet connections and e-mail, sends files
> to printers and personal computers and can incorporate a security
> firewall. In November, Newlix announced they are working with IPC
> Direct, another Corel partner and a wholly-owned subsidiary of PC Chips.
> 
> "The Newlix deal confirms the decision LinuxForce recently made to
> accept Corel’s offer of affiliation,” said Charles B Fleming president
> and chief executive officer of LinuxForce Inc. “The Newlix Omega server
> will directly address the needs of many of our small to medium-sized
> customers. With Corel’s input and assistance, it will provide an
> outstanding solution for us to bring to LinuxForce’s growing customer
> base.”
> 
> Corel acquired a one-third ownership stake in LinuxForce in December,
> 1999. LinuxForce currently provides a full-range of service and support
> options for the growing number of businesses that are switching to the
> Linux system for critical areas of operations that require robust,
> stable characteristics.
> -30-
> 
> Corel Corporation
> 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.
> 
> Newlix
> Newlix Corporation (http://www.newlix.com) is a privately funded company
> headquartered in Ottawa, Ontario and founded in 1999. Newlix develops
> software for Linux-based “thin” network appliances that meet the
> networking and internetworking needs of small to medium-sized
> businesses.  The company’s flagship Newlix Omega™ software provides a
> worry-free communications and networking platform, designed to be
> delivered in partnership with hardware vendors, connectivity providers
> and application service providers.
> 
> This press release contains statements that are forward looking as that
> term is defined by the United States Private Securities Litigation
> Reform Act of 1995. These statements are based on current expectations
> that are subject to risks and uncertainties. Actual results will differ
> due to factors such as shifts in customer demand, product shipment
> schedules, product mix, competitive products and pricing, technological
> shifts and other variables. Readers are referred to Corel’s most recent
> reports filed with the Securities and Exchange Commission.
> 
> Corel and the Go Further logo are trademarks or registered trademarks of
> Corel Corporation or Corel Corporation Limited. Linux is a registered
> trademark of Linus Torvalds. UNIX is a registered trademark of The Open
> Group. Newlix and Newlix Omega are trademarks of Newlix Corporation.
> Other products
> identified in this release are the property of their respective
> companies. All other brands and products referenced herein are the
> trademarks or registered trademarks of their respective holders.
> 
> 
> **If at anytime you would like to be taken off my mailing list, please
> hit reply and type delete in the first line. Thanks, Lorna
> 
> 
> 
> 
> 
> 

Content-Description: Card for Lorna Graf


----- End forwarded message -----

-- 
Clay Fandre
UNIX System Administrator
Honeywell, Inc. / CAS-SPO
cfandre@cfsmo.honeywell.com
(612)957-3678