PRESS RELEASE: Corel and Lexar Improve Flash Card Customers' Digital Photography Experience
Companies Further Enhance Lexar Flash Memory Card Packages By Adding Valuable Corel Software
Ottawa, Canada and Fremont, CA, February 28, 2007 - Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading provider of digital media software, and Lexar Media, Inc., a leader in advanced digital media and accessories, today announced that they are extending their ongoing arrangement to provide unique, powerful, and valuable Corel digital imaging software to Lexar's flash memory card customers. Beginning next month, the full version of Corel® Paint Shop Pro® X will be available for download free of charge with purchase of select Lexar Professional flash memory cards, while the full version of Corel® Snapfire Plus (Standard Edition) will be available for download free of charge with purchase of select Lexar Platinum II and Standard flash memory cards. Both applications improve the digital imaging workflow by allowing users to quickly and easily organize, edit, and enhance their images.
"Corel's applications improve upon an already strong value-added package for our flash card customers," said John Santoro, Senior Product Marketing Manager responsible for software, Lexar. "In addition to receiving one of the industry's most reliable flash memory cards, customers can immediately download award-winning image editing applications."
Purchasers of select Lexar Professional series flash memory cards, including the recently introduced Professional Secure Digital High Capacity (SDHC) cards, will be able to download Corel Paint Shop Pro X, an advanced photo editing tool that allows users to automatically organize photo and video files, easily complete editing and enhancement tasks, and experiment with numerous special effects. A complete digital photography toolkit, Paint Shop Pro X provides a complete range of advanced image editing tools that give photographers unprecedented control as they edit their images. Purchasers of select Lexar Platinum II and Standard series flash memory cards will be able to download the standard version of Corel Snapfire Plus SE, the new and exciting software that enables users to easily organize, enhance, and share their digital photos and video clips, as well as quickly fix and retouch images. With Snapfire Plus SE, users can also create striking and original slideshows with customized transitions set to the music soundtracks of their choice.
"We are proud to continue our successful relationship with Lexar and provide its customers with some of our most popular applications," said Blaine Mathieu, General Manager of Corel's Digital Media Business. "Both organizations are committed to delivering the best digital imaging solutions to customers, and working together, we're able to offer a valuable and comprehensive digital photography package that will surely improve their digital imaging experience." he added.
About Lexar Media, Inc. Lexar, a subsidiary of Micron Technology, Inc., is a leading marketer and manufacturer of NAND flash memory products including memory cards, USB flash drives, card readers, and ATA controller technology for the digital photography, consumer electronics, industrial, and communications markets. Lexar also sells memory cards under the Kodak brand.
About Micron Technology, Inc. Micron Technology, Inc., is one of the world's leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products. Micron's common stock is traded on the New York Stock Exchange (NYSE) under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.
Corel is a leading developer of graphics, productivity and digital media software with more than 40 million users worldwide. The Company's product portfolio includes some of the world's most popular and widely recognized software brands including CorelDRAW® Graphics Suite, Corel® Paint Shop Pro®, Corel® Painter, Corel DESIGNER®, Corel® WordPerfect® Office, WinZip® and iGrafx®. In 2006, Corel acquired InterVideo, makers of WinDVD® , 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 and Japan. Corel's stock is traded on the NASDAQ under the symbol CREL and on the TSX under the symbol CRE.
© 2007 Lexar Media, Inc. All rights reserved. Lexar and the Lexar logo are trademarks of Lexar Media, Inc. Micron is a trademark of Micron Technology, Inc.
© 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Snapfire, Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, InterVideo, Ulead, WinDVD 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.
This press release contains forward-looking statements regarding the inclusion of Corel Paint Shop Pro X and Corel Snapfire Plus (Standard Edition) with Lexar's Professional, Platinum II and Standard flash memory card lines. Actual events or results may differ materially from those contained in the forward-looking statements. Please refer to the documents Micron files on a consolidated basis from time to time with the Securities and Exchange Commission, specifically Micron's most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause the actual results for Micron on a consolidated basis to differ materially from those contained in our forward-looking statements (see Certain Factors). Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. We are under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results.
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(First posted on Wednesday, March 7, 2007 at 14:37 EST)