| Corel Signs 25th License Agreement with Bitstream Leading developer of easy-to-use personal productivity software extends long-standing agreement with Bitstream for font solutions CAMBRIDGE, MA — October 18, 2005 — Bitstream Inc. (NASDAQ: BITS) announced today it has renewed its licensing agreement with Corel Corporation. Corel continues to include Bitstream font technology solutions in CorelDRAW® Graphics Suite and WordPerfect® Office. This is the twenty-fifth agreement between the two companies. “Our customers require speed, reliability, and quality from our products,” said Geoff Gaudert, Director, Supply Contracts and Procurement at Corel. “Our long-standing relationship with Bitstream is based on their timely delivery of robust font solutions that provide our customers with the ability to create high-quality text covering the world’s languages.” “CorelDRAW Graphics Suite and WordPerfect Office offer customers powerful software solutions. We are pleased to once again extend our successful long-standing agreement with Corel,” said Anna Chagnon, President and Chief Executive Officer of Bitstream. CorelDRAW® was the first Corel product to benefit from Bitstream font technology. CorelDRAW Graphics Suite is an industry leader in PC graphics and vector illustration – setting the standard for easy-to-use and affordable PC graphics for designers and business users alike. CorelDRAW Graphics Suite 12, the latest version of Corel’s flagship graphics suite, won CNET’s Editors’ Choice and was named by the respected online site as “The Best All-Purpose Graphics Suite” of 2004. WordPerfect Office combines word processing, spreadsheets, presentations and address book applications in one feature-rich, affordable office productivity suite. Widely deployed across government departments, law firms, small businesses and home offices, WordPerfect is compatible with popular file formats such as Microsoft® Office, PDF, HTML and XML – making it easy for users to share information with others. Recognized as the world’s best compatible alternative to Microsoft Office, WordPerfect stands as the office productivity suite of choice for millions of users worldwide. About Corel CorporationCorel 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 CorelDRAW® Graphics Suite, WordPerfect® Office Suite, Corel PainterT, Corel DESIGNER® Technical Suite, and the Paint ShopT 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. Bitstream Bitstream is a registered trademark and the Bitstream logo is a trademark of Bitstream Inc. Corel, CorelDRAW, Painter, WordPerfect, DESIGNER, and Paint Shop are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. Other technologies and brand names are trademarks or registered trademarks of their respective companies. Contact Anna Chagnon |