Corel to launch own version of desktop Linux

New product upgrades and a plan to release its own version of Linux for the desktop will help Corel return to profitability, company executives said yesterday.

The company, which has been suffering a decline in the value of its shares, said it would launch in August a beta version of Corel Desktop Linux, a version of the operating system that has graphical end-user features and is designed to be easy to install.

Corel also is on track to launch a Linux version of WordPerfect Office at the end of this year and a Linux version of CorelDraw next year, said a company spokesman. WordPerfect Office has an installed base of 22 million units, about half that of Microsoft Office, according to Corel.

Corel stock is now trading on the Nasdaq Stock Market at around $US3, down from its 52-week high of $US5.38, and way down from the approximately $US15 level at which it started trading on the exchange in 1992.

Corel posted a net loss of $US14.6 million for the first quarter, ended February 28, a better result than the $US21.1 million loss for the same period in 1998. Since then, however, Corel launched fresh upgrades to the WordPerfect Office suite and the CorelDraw graphics suite on April 7. Officials have said that these upgrades should reinvigorate sales over the next few months.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Show Comments


James Cook University - Master of Data Science Online Course

Learn more >


Sansai 6-Outlet Power Board + 4-Port USB Charging Station

Learn more >

Victorinox Werks Professional Executive 17 Laptop Case

Learn more >



Back To Business Guide

Click for more ›

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?