Aachen, Germany and Ottawa, Canada - August 15, 2007 - MainConcept AG, the world’s leading provider of audio and video codecs for software developers, is pleased to announce that Corel Corporation has agreed to license its H.264 encoder technology. Corel is a leading global software company that provides full-featured, easy-to-use productivity, graphics, entertainment and digital media creativity software for home consumers, businesses, schools and industry partners worldwide. | 
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The consumer version of MainConcept’s H.264 encoder will be integrated into Corel consumer software products VideoStudio and DVD MovieFactory to enable output support for high-definition H.264 content in AVCHD, HD DVD & Blu-ray Disc formats.
“We are pleased that Corel has chosen our H.264 encoder ,” said Muzaffer Beygirci, VP Sales of MainConcept. “With its market leading Corel, InterVideo and Ulead® brands, and its international network of resellers, retailers and OEMs, Corel software is known and loved by consumers worldwide. We are proud that our advanced video technology will enable Corel customers to use the H.264 format to create new high-definition discs.”
“MainConcept’s H.264 technology offers the superior performance and quality our customers expect,” said Blaine Mathieu, Vice President and General Manager, Products and Strategy, Corel Digital Media. “Corel customers will find video encoding in H.264 an efficient solution when compressing high-definition video and retaining image quality."
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® 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, Taiwan and Japan. Corel’s stock is traded on the NASDAQ under the symbol CREL and on the TSX under the symbol CRE. For more information about Corel and its products, visit www.corel.com.
About MainConcept
MainConcept is a worldwide leading provider of high-quality codec technology for PCs, set-top boxes, mobile phones and DSPs, supporting industry standards such as H.264/AVC, MPEG-2, MPEG-4, DVCPRO HD, JPEG2000, VC-1, AAC and AC3. MainConcept’s SDKs make it easy for developers to integrate a codec of choice into their own solution. Our DSP-based real-time encoding technology for H.264 video quality at the lowest bit rate allows partners to develop cost-effective solutions for broadcast contribution, mobile TV, and IPTV among others.
MainConcept is headquartered in Germany with subsidiaries in the USA, Russia, and Japan. The company serves the Asia-Pacific region by key distribution partners in China, Korea, and Taiwan. MainConcept customers include international companies such as Adobe, Leitch/Harris, mobiTV, muvee, Sonic Solutions, Sony, and Panasonic.
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Please note: Corel, Ulead, CorelDRAW, Paint Shop Pro, Snapfire, Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, InterVideo, WinDVD and Ulead are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. Blu-ray Disc is a trademark of the Blu-ray Disc Association.
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