Corel Boosts Global Web Performance Through Partnership with Digital Island
Press release from the issuing company
Ottawa, Canada – Mar 21, 2001 Corel Corporation (NASDAQ: CORL, TSE: COR) is pleased to announce that it is partnering with Digital Island, Inc. (NASDAQ: ISLD) to accelerate its Web performance, enabling fast, easy and secure e-commerce transactions, software downloads and access to the Corel Web site at www.corel.com.
Customers can buy and download market-leading Corel products, including WordPerfect CorelDRAW and Corel PHOTO-PAINT, directly from the company's Web site at www.corel.com. In addition to speeding up the performance of Corel's Web site, Digital Island's Footprint content delivery service makes downloading large software packages up to five times faster. The Footprint service stores content close to users at the edge of the network and seamlessly directs queries to the nearest optimal server.
According to research firm Cahners/DataMonitor, Internet users spent an extra 2.5 billion hours waiting for Web pages to download in 1999. Each year 78 per cent of all attempted Web transactions are discontinued due to slow response times. More than $1.6 billion in additional revenue could have been made if businesses worldwide had better Internet infrastructure services.
"With Digital Island's Footprint service, loading and downloading takes just a few seconds," said Annette McCleave, executive vice-president, Corporate Marketing for Corel Corporation. "This is an incredible upgrade to our system and it reaffirms our commitment to our international customers. The global scalability and reliability of Digital Island's managed Internet infrastructure ensure secure and efficient transactions between Corel and our customers. We are proud of the fact that visitors to our Web site who are in the South Pacific will get the same top quality service as the ones right here in North America."