Corel to focus on graphics software
updated 01:18 pm EST, Tue January 23, 2001
Corel today said it will focus on its graphics software in a new corporate strategy aimed at returning the company to profit in the third quarter and increasing annual revenues by 20 percent a year for the next three years. Corel said it will expand its graphics product line over the next one to two years through investments in new markets fueled by Web content and graphics and by focusing on "untapped opportunities" within its base of WordPerfect customers. It said it would search for acquisition opportunities over the next two to three years and that it has plans for new features in a 2002 WordPerfect upgrade based on customer feedback. Corel also promised CorelDRAW 10 for the Mac, which will be released for both Mac OS 9 and Mac OS X this summer and said that it has plans to release upgrades for KnockOut, Painter, Bryce and KPT in the next year.
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WordPerfect for Mac OS X
would love to see it, but probably won't happen...as I understand it, WordPerfect for Linux is essentially just the PC version running in a tuned Windows-emulation environment, so it's not really a Unix program at all. Hope they decide to broaden the Mac word-processor market, especially as the federal government (a market fighting to keep its Macs, and losing) is a heavy user of WP.