SYNNEX and Corel Expand North American Distribution Agreement to Include United States

 

FREMONT, CA — April 15, 2003— SYNNEX Information Technologies, Inc., a global information technology (IT) supply chain services company, today announced that it has expanded its North American distribution agreement with Corel Corporation (NASDAQ: CORL, TSX: COR), to include the United States.

SYNNEX US will distribute the full line of Corel's comprehensive software solutions to their broad base of resellers, who will have access to Corel's complete product offering of graphics, office productivity, XML, process management and educational solutions.

"We are pleased to align ourselves with Corel in the US," said Mimi Anderson, Vice President of Product Marketing for Software at SYNNEX. "Our Canadian operation has partnered successfully with Corel for many years and we are very excited to expand our relationship into the US market. Corel is recognized worldwide for developing exceptional software solutions and we look forward to working closely with Corel to deliver innovative programs that will expand Corel’s customer reach. The alignment with Corel will enhance the solutions we offer our resellers in the SMB and government markets and will also enhance the licensing opportunities available to our software influencers."

"Corel understands the value of leveraging industry partnerships to reach more customers," said Steve Houck, executive vice-president of partner relations at Corel Corporation. "By expanding our partnership with SYNNEX, we can better support the needs of the channel community and increase exposure to Corel’s software solutions among consumers, government, education and business customers. The strong partnerships we have built with our distributors play an important role in our success with both our existing offerings and new solutions we are introducing, including WordPerfect Office 11, the new version of our flagship office suite, and Corel Painter 8, our industry-leading sketching and painting tool. We look forward to working closely with our distributor partners as we increase our presence and awareness of the Corel brand at retail over the coming months."

About SYNNEX
Founded in 1980, SYNNEX Information Technologies, Inc. is a global IT supply chain services company providing a comprehensive range of outsourcing solutions to original equipment manufacturers (OEMs) and resellers worldwide. The company offers IT distribution, contract assembly and logistics services. SYNNEX works with leading industry suppliers of IT systems, peripherals, system components, software and networking equipment. Additional information about SYNNEX may be found online at www.synnex.com.

About Corel Corporation
Founded in 1985, Corel Corporation (www.corel.com) is a leading technology company specializing in content creation tools, business process management and XML-enabled enterprise solutions. The company’s goal is to give consumers and enterprise customers the ability to create, exchange and instantly interact with visual content that is always relevant, accurate and available. With its headquarters 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.

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Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.
SYNNEX and the SYNNEX logo are trademarks of SYNNEX Information Technologies, Inc. or its subsidiaries and should be treated as such. All rights reserved. All other company names mentioned herein are trademarks of their respective owners.

Contact
Bobbie Wyatt
Communications Manager
SYNNEX Information Technologies, Inc.
Phone: (864) 289-4485
bobbiew@synnex.com