Corel outlines revenue growth plans for 2002
Corel president and CEO Derek Burney today outlined his company’s plan to make key investments in research and development and emerging markets in order to attain continued revenue growth. As a result, Corel expects to post sequential losses in 2002 as the company “invests in the future.” Burney described the launch of procreate, the company’s new professional graphics brand largely targeted at Mac graphics professionals, as being extremely successful.
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