Kevin Thornton Rejoins Corel to Lead Company's Sales and Marketing Efforts Across the Americas
OTTAWA, October 2 /CNW/ - Corel Corporation (NASDAQ:CREL) (TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced that Kevin Thornton has been named Senior Vice President, Sales & Marketing, Americas. An industry executive with more than fifteen years of experience, Thornton rejoins Corel to lead the company's sales and marketing efforts across the Americas.
Prior to rejoining Corel, Thornton was the Senior Vice President of Sales at Sage Software, working in the Small Business Division. In this position, he was responsible for all sales channels and new customer acquisition for leading Sage Software brands such as ACT!(R), Peachtree(R), Simply Accounting(R) and Timeslips(R). Previously, Thornton was the Vice President Sales, Americas at Corel, where he helped to lead the company through multiple successful product launches.
In his new role, Thornton will be responsible for leading the company's sales and marketing efforts across the Americas with specific emphasis on further expanding the Company's reach through retailers and resellers as well as original equipment manufacturers and online service providers.
"I am delighted to return to Corel at such an exciting time for the Company and our partners," said Kevin Thornton, Senior Vice President, Sales & Marketing, Americas. "With its recent acquisitions, Corel now offers the industry's broadest portfolio of solutions for consumers and small businesses with easy-to-use products for photo and video editing, illustration and design, office productivity and file compression. I look forward to working with our partners to create custom bundles and solutions that increase sales by delivering superior value to end users."
"We are very pleased to have Kevin rejoin the Corel team," said Patrick Morley, Chief Operating Officer, Corel. "Kevin's experience leading the Small Business Division at Sage Software and his prior experience at Corel make him an ideal fit to lead our Americas sales and marketing efforts."
This appointment further reinforces Corel's commitment to strategic partnerships and their importance to the company's continued growth. Corel is focused on working in partnership with resellers, retailers and OEMs to develop custom solutions that enable partners to differentiate themselves in the market.
"Kevin brings the experience, creativity, and insight we value in a senior channel executive," said Brian Burke, President, Distribution Services, Navarre Corporation. "Corel has long been a valued partner and, now with their expanded portfolio of digital media solutions, we are confident that we have the support and expertise we need to meet the evolving needs of our customers."
To access Kevin Thornton's bio, please visit www.corel.com/executivebios.
Forward-Looking Statements
This news release includes forward-looking statements that are based on certain assumptions and reflect our current expectations. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements to differ materially from any future results, performance, or achievements discussed or implied by such forward-looking statements.. These risks, uncertainties and other important factors are described in our Prospectus dated April 25, 2006, filed with the Securities and Exchange Commission (The SEC) and our other filings with the SEC under the caption "Risk Factors" and elsewhere. A copy of the Prospectus and such other filings can be obtained on our website or on the SEC's website at http://www.sec.gov. Certain of such risks are also included in our Canadian supplemented PREP prospectus dated April 25, 2006, available at http://www.sedar.com. We disclaim any obligation or undertaking to provide any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or circumstances on which the forward-looking statement is based.
About Corel Corporation
Corel is a leading developer of graphics, productivity and digital media software with more than 100 million users worldwide. The Company's product portfolio includes some of the world's most popular and widely recognized software brands including CorelDRAW(R) Graphics Suite, Corel(R) Paint Shop Pro(R), Corel(R) Painter(TM), Corel DESIGNER(R), Corel(R) WordPerfect(R) Office, WinZip(R) and iGrafx(R). In 2006, Corel acquired InterVideo, makers of WinDVD(R) , and Ulead, a leading developer of video, imaging and DVD authoring software. Designed to help people become more productive and express their creative potential, Corel's software strives to set a higher standard for value with full-featured products that are easier to learn and use. The industry has responded with hundreds of awards recognizing Corel's leadership in software innovation, design and value.
Corel's products are sold in more than 75 countries through a well-established network of international resellers, retailers, original equipment manufacturers, online providers and Corel's global websites. The Company's headquarters are located in Ottawa, Canada with major offices in the United States, United Kingdom, Germany, China, Taiwan, and Japan. Corel's stock is traded on the NASDAQ under the symbol CREL and on the TSX under the symbol CRE.
(C) 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Corel Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, InterVideo, WinDVD, Ulead, and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product names and any registered and unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners.
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