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Daniel T. Ciporin Joins Corel Board of Directors

Daniel T. Ciporin Joins Corel Board of Directors.

articleCritical Elements Lithium CorporationApril 26, 20073/company/critical-elements-lithium-corporation/news/daniel-t-ciporin-joins-corel-board-of-directors
Daniel T. Ciporin Joins Corel Board of Directors

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[{"type":"text","content":"\n\n\n\nOTTAWA, April 26 /CNW/ - Corel Corporation (NASDAQ:CREL) (TSX:CRE), a\nleading developer of graphics, productivity and digital media software, today\nannounced that Daniel T. Ciporin has joined its Board of Directors. Mr.\nCiporin will also serve on the Company's audit committee, replacing Alexander\nSlusky. Corel has determined that Mr. Ciporin is "independent" for the\npurposes of Nasdaq and other applicable rules. Mr. Slusky remains a director\nand Chairman of Corel's Board, and he will continue to serve on Corel's\ncompensation and nominating committees.\n\n\nMr. Ciporin is the former Chairman and Chief Executive Officer of\nShopping.com Ltd., which grew to be one of the largest ecommerce sites on the\nweb before it was acquired by eBay for US $620 million in June 2005. Prior to\nShopping.com, he served as senior vice president of MasterCard International\nwhere he was responsible for global debit services and helped establish the\ncompany's 70% market share in the global electronic debit market. Prior to\nMasterCard International, Mr. Ciporin was a management consultant for Mars and\nCo. and Corporate Value Associates where he conducted strategy studies for\nFortune 500 companies. Mr. Ciporin currently serves on the board of directors\nat publicly traded companies VistaPrint and Primedia. He also serves as a\nventure partner at Canaan Partners, focusing on technology trends and\ninvestment opportunities in the Internet and digital media sectors.\n\n\n"We are very pleased to have Dan join our Board," said David Dobson, CEO\nof Corel Corporation. "He brings tremendous insight and will add value to the\ncompany as we continue to pursue our long term growth strategy."\n\n\n"I am honored to be joining Corel's Board during this next phase of the\ncompany's transformation," said Mr. Ciporin. "Corel is in a unique position in\nthe industry, with the ability to leverage its broad product portfolio and\nrobust distribution channels to deliver even greater value to its end-users\nand partners around the world. I look forward to working with Corel as they\npursue the market opportunities ahead."\n\n\nAbout Corel Corporation\n\n\nCorel is a leading developer of graphics, productivity and digital media\nsoftware with more than 100 million users worldwide. The Company's product\npo...

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