"OTTAWA, Aug 15 (Reuters) - Michael Cowpland, the founder of
Corel Corp., said on Tuesday he will step down as president and
chief executive officer of the struggling software developer to
devote time to new Linux start-ups."
"In a statement, Cowpland, who founded Corel in 1985, said he
would no longer be involved in the operations of the company but
will continue as a director and as a technology advisor."
"Derek Burney, the company's chief technology officer, has been
appointed interim chief executive and president. Cowpland said he
would dedicate his time and resources to new Linux ventures. Linux
is an open source computer operating system which supporters claim
is more reliable and flexible than Microsoft Corp.'s Windows, which
is a closed proprietary system."
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