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Corel and Navarre Expand Distribution Relationship; Navarre Will Distribute Corel Software Catalog

Posted on: Tuesday, 4 October 2005, 09:00 CDT

Corel Corporation today announced that it has expanded its relationship with Navarre Corporation, a publisher and distributor of home entertainment and multimedia products including PC software, CD audio, DVD video, VHS video, video games and accessories to more than 18,000 retail and distribution center locations nationwide. Previously, Navarre distributed Corel's Paint Shop(TM) Family line of digital photography and image editing software. Under the terms of the new agreement, Navarre will distribute all four of Corel's flagship software brands:

-- WordPerfect(R) Office Suite

Recognized as the world's best compatible alternative to Microsoft Office, WordPerfect combines word processing, spreadsheets, presentations and address book applications in one feature-rich, affordable office productivity suite.

-- CorelDRAW(R) Graphics Suite

An industry leader in PC graphics and vector illustration, CorelDRAW Graphics Suite sets the standard for easy-to-use and affordable PC graphics for professional designers and business users alike.

-- Paint Shop Family

The Paint Shop Family, one of the world's leading digital photography and image editing software lines for digital photographers, hobbyists, consumers and business users, includes the award-winning Paint Shop Pro and Photo Album.

-- Corel Painter Natural-Media(R) Painting and Illustration Software

Corel Painter is the world's most powerful Natural-Media painting and illustration software for commercial artists, digital photographers and illustrators.

This expanded agreement will allow Corel to expand its reach across a wide spectrum of retail channels including mass merchants, discount stores, wholesale clubs, office and music superstores, military and e-tailers across North America. In addition, Corel's popular and award-winning brands will reach millions of consumers eager to purchase high-quality, easy-to-use and affordable software that spans office productivity, digital imaging and graphics.

"Our expanded relationship with Navarre will allow us to introduce our software portfolio to millions of consumers across North America," said Chad Hoke, Corel's Vice President of Channel Sales. "Consumers are looking for software that delivers greater value, quality and functionality. We fulfill those requirements as a trusted, established software brand."

The expanded relationship also brings new opportunities to Navarre, according to Brian Burke, Navarre's President of Distribution. "For many years, we successfully distributed Corel's Paint Shop Family to consumers seeking high quality digital imaging software at an affordable price. We look forward to working with Corel in presenting this product line-up to our retail partners."

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(R) Graphics Suite, the WordPerfect(R) Office Suite, the Corel Painter Natural-Media(R) painting and illustration software and the Paint Shop(TM) 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.

About Navarre Corporation

Navarre Corporation (Nasdaq: NAVR) is a publisher and distributor of a broad range of home entertainment and multimedia products, including PC software, CD audio, DVD and VHS video, video games and accessories. Since its founding in 1983, the company has established distribution relationships with customers across a wide spectrum of retail channels which includes mass merchants, discount, wholesale club, office and music superstores, military and etailers nationwide. The company currently provides its products to over 18,000 retail and distribution center locations throughout the United States and Canada. Navarre has recently expanded its business to include the licensing acquisitions of Encore Software, Inc., BCI Eclipse Company, LLC, FUNimation Productions, Ltd. and the FUNimation Stores, Ltd. For more information, please visit the company's web site at http://www.navarre.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.

Source: Business Wire

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