Last updated on June 06, 2003 06:38 PM -0400

Corel and Vector Capital Sign Acquisition Agreement

Ottawa, Canada and San Francisco, CA - June 6, 2003 - Corel Corporation (NASDAQ: CORL, TSX: COR) and Vector Capital Corporation today announced that Corel Corporation ("Corel") and an affiliate of Vector Capital Corporation ("Vector") have entered into a definitive Acquisition Agreement (the "Agreement") providing for the acquisition by Vector of all of the outstanding common shares of Corel pursuant to a court-approved Plan of Arrangement (the "Arrangement").  If the Arrangement is approved by the court and the shareholders, Corel's shareholders will receive, subject to the conditions of closing, US$1.05 in cash for each common share held which will include all common shares which may become outstanding on the exercise of options, warrants and other securities exercisable for, convertible into or exchangeable for common shares.  Upon the completion of the Arrangement, Vector and its affiliates will own all of the outstanding shares of Corel.
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Storm Internet and Building Technologies Team up to Provide HighSpeed Internet to 'Smart-Apartments' in Ottawa

Tenant Services Improve with Storm Internet Wireless Solutions

OTTAWA, ON, June 6, 2003 - Storm Internet has introduced a new 'Smart-Apartment' project for bringing affordable and convenient broadband Internet connectivity to multi-tenant dwellings across the region using highspeed wireless technology. This initiative enables landlords to increase revenues and property value by providing building occupants with highspeed access to the Internet through value-added services.
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Oracle to Launch Cash Tender Offer for PeopleSoft for $16 Per Share 

Oracle Q4 Preliminary Earnings of 14 to 15 Cents Per Share 

REDWOOD SHORES, Calif., June 6 - Today, Oracle Corporation (NASDAQ:ORCL) announced that it will commence a cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc. (NASDAQ:PSFT) for $16 per share, or approximately $5.1 billion. Separately, Oracle announced that it will meet or exceed consensus earnings estimates for the fiscal fourth quarter.
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SCO Confirms Copyright Ownership of UNIX(R) and UnixWare(R) 

Amendment to Asset Purchase Agreement Confirms Copyright Ownership 

LINDON, Utah, June 6 - The SCO(R) Group (SCO) (NASDAQ:SCOX) , the owner of the UNIX(R) operating system, today confirmed its previously stated ownership of UNIX copyrights. As SCO has consistently maintained, all rights to the UNIX and UnixWare technology, including the copyrights, were transferred to SCO as part of the Asset Purchase Agreement between Novell and SCO dated September 19, 1995. Any question of whether the UNIX copyrights were transferred to SCO under the Asset Purchase Agreement was clarified in Amendment No. 2 to the Asset Purchase Agreement dated October 16, 1996.
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Microsoft aims to streamline its patches 

Acting on complaints from its customers, Microsoft says it plans to simplify its patch technology and expand its automatic update service to include more products.
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Packet tracking promises ultrafast internet 

Imagine an internet connection so fast it will let you download a whole movie in just five seconds, or access TV-quality video servers in real time. That is the promise from a team at the California Institute of Technology in Pasadena, who have developed a system called Fast TCP.
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File-sharing networks infight in sight? 

In a sign that file-sharing communities may start to turn on one another, Altnet said Thursday that rival networks may be violating its patent for digital tags, and it plans to bring to them in line.
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Sun seeks widespread Java brand 

Sun Microsystems will spend tens of millions of dollars to emblazon all manner of computing products with a new Java logo, the company plans to unveil next week at its JavaOne conference.
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MouseMojo 1.3.0 released

Ottawa, ON - Software River Solutions, Inc. (www.softwareriver.com) has announced the immediate availability of MouseMojo, a handy Windows tool that detects mouse movements and executes actions associated with them. Samples of actions supported include signing emails, opening web pages or documents, simulating key strokes and more.
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MOSAID amends claims against Infineon 

Adds Claim of Infringement of an Eighth Patent

OTTAWA, ON, June 6 - MOSAID Technologies Incorporated (TSE:MSD) has announced that it has filed an amended answer and counterclaim in the litigation with Infineon Technologies in the Northern District of California.
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Corel Provides Update on Discussions with Vector Capital

Ottawa, Canada - Corel Corporation (NASDAQ: CORL, TSX: COR) has announced that, as previously reported on May 6, 2003, the Company continues to be in discussions with Vector Capital Corporation with respect to a potential transaction for the acquisition of Corel. As previously announced, Vector Capital has the contractual right to make an offer to Corel's shareholders to purchase all common shares at a price of US $1.10 and the Board of Directors of Corel agreed to recommend such an offer provided that it receives a fairness opinion.
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