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Corel Corporation purchases a P-Synch license

May 2, 2000
Calgary, Alberta, Canada

M-Tech, Mercury Information Technology Inc., the industry leader in password management software solutions, today announced that a license to use the P-Synch Total Password Management solution has been purchased by Corel Corporation. Corel, best known for its flagship WordPerfect and CorelDRAW product lines, develops and markets solutions for a variety of platforms, including Windows, Linux, Macintosh, DOS and UNIX. Corel's requirement to provide secure multi-platform access to their internal users led to their requirement for the most robust password management solution available

Corel's purchase of P-Synch coincides with the release of P-Synch Version 4.2. The latest version of P-Synch now offers transparent synchronization from LDAP (traditional versions of P-Synch have offered this feature from NT only), support for GroupWise and Lotus Notes, and a centralized username database that normalizes user IDs across multiple systems.

P-Synch is designed to reduce the costs associated with password management in two ways:

  1. Synchronization:
    When passwords are synchronized, users only have to remember one password in order to gain access to a variety of systems. Because users are not juggling several different passwords, administrators can enforce stringent password strength rules.

  2. Self-Reset:
    If users forget their password and are locked out of the system, P-Synch will enable them to reset the password once they have authenticated themselves on the basis of personal stored information.

About Corel Corporation

Corel Corporation is an internationally recognized developer of award-winning business productivity, graphics and operating system solutions on the Windows, Linux, UNIX, Macintosh and Java platforms. Corel also develops market-leading, Web-based solutions including applications, contents, e-commerce and online services. For access to these services and more information go to www.corel.com or www.corelcity.com. Corel is headquartered in Ottawa, Canada. Corel's common stock trades on the NASDAQ Stock MarketK under the symbol CORL and on the Toronto Stock Exchange under the symbol COR.

Corel, WordPerfect and CorelDRAW are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. Linux is a registered trademark of Linus Torvalds. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners.

About M-Tech

M-Tech is a computer security products company. The M-Tech identity management suite streamlines both password management and account provisioning, in addition to improving user self-service, and reducing user support costs. Hitachi ID Password Manager (formerly P-Synch) and Hitachi ID Identity Manager improve the security of network systems and lower their operating costs. The M-Tech client list includes top Fortune-500 companies such as Ford Motor Company, Sears Roebuck, AT&T Wireless, Bristol-Myers Squibb, and many more. For more information, please visit: Hitachi-ID.com

To find out more, or to download a free evaluation copy of P-Synch, just visit our web site at Hitachi-ID.com/password-manager or contact us:

E-mail: sales@Hitachi-ID.com
Phone: 1.403.233.0740
Fax: 1.403.233.0725