Together, I am confident we will deliver enhanced benefits to our shared customers and partners around the globe." "Corel shares these priorities and devotes considerable time and attention to customer-focused innovation. "At WinZip we are committed to providing easy-to-use, full-featured applications to consumers, small business users, and enterprises," said Edwin Siebesma, President, WinZip Computing. I look forward to joining our teams and our brands as we build a strong future together." "With a large, loyal user base and a globally established brand, WinZip is an ideal complement to Corel’s Productivity and Graphics and Digital Imaging product lines. "Corel is very pleased to welcome WinZip as the newest member of our award-winning software portfolio," said David Dobson, CEO of Corel Corporation. Allowing users to temporarily reduce the size of their computer files for more effective transmission and storage, WinZip® also includes encryption functionality to provide additional security in protecting sensitive information. As one of the most frequently downloaded software products available on the Internet with over 150 million downloads to date and an average of over 600,000 downloads per week in 2005, WinZip has developed a strong and highly recognizable global brand and a broad user base that includes consumers, small to medium-sized businesses, and large corporations. Corel Corporation (NASDAQ: CREL TSX: CRE) today announced that it has completed the acquisition of WinZip Computing, makers of the world’s leading aftermarket compression utility.
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