In addition to the information found in the press release
below, Xandros has this to say about its plans:
"Xandros is developing a customized Debian-based Linux
distribution that is derived from version 3.0 of the award winning
Corel LINUX OS. It will support both the KDE and Gnome desktop
environments. In addition to the features that Linux users expect,
Xandros will be distributing significant additions and
enhancements. Furthermore, Xandros is creating a server and
enterprise management solution that will significantly reduce the
total cost of ownership of computing environments. The overall
solution is complete "off the shelf", but Xandros Professional
Services can customize and integrate the products as well as
provide enhancements to legacy systems as needed. Finally, all
Xandros offerings will be backed by world-class
August 29, 2001 - San Francisco, CA - Xandros
Corporation today announced that it has signed a strategic
licensing agreement with Corel Corporation, giving it access to
Corel's Linux desktop OS and related technologies. The newly formed
company will focus on developing the desktop and server markets
with assistance from its founding parent, Linux Global
Xandros has secured a $10 million capital commitment from
NY-based Linux Global Partners, a Linux-specific investment company
with financial holdings in several key desktop application
companies. The new company will be headquartered in Ottawa, Canada
and has already retained a majority of the original software
architects of the award-winning Corel Linux operating system.
"Xandros combines the best of open source technologies with a
corporate attention to completeness, usability, and support to
benefit the end user," said Michael A. Bego, president of Xandros.
"We believe Xandros has all the elements necessary to deliver an
outstanding desktop experience to customers," Bego added.
Bego explained that the resulting combination of technology and
usability would provide an easy-to-install and easy-to-use
solution. This positions Xandros as a viable alternative to the
Windows operating system and also marks the first end-to-end Linux
desktop that will better meet the needs of its current users as
well as potential users.
The Xandros distribution is scheduled for release in the coming
months and retail for a fraction of the cost of the comparable
Windows OS and applications. Bego said that the software will ship
with a full suite of productivity tools, ISP providers, and the
variety of drivers, and applications that users need and expect. In
addition, Xandros officials see great promise in that the
applications contained within the Linux Global Partners' portfolio
companies currently ship with 62 percent of the Linux computers
sold today and have significant recognition with users.
"For the past three years, before Linux was a common name, we
were identifying and financially supporting the leading Linux
desktop application companies in development," said Wm. J. Roseman,
co-chairman of Linux Global Partners. "We are now working to
incorporate our portfolio companies into the Xandros OS which will
provide a complete desktop application for Linux."
"Today's announcement represents the start of a new chapter for
Corel's Linux desktop and fulfills a promise Corel made earlier
this year when we announced our intentions to spin off the Linux
distribution component of our business," said Rene Schmidt, chief
technology officer at Corel Corporation. "We are pleased to entrust
this technology to a company which is fully dedicated to delivering
the end-to-end solution to customers that we first envisioned when
we began our work on Linux over four years ago. We believe this
decision is in the best interests of our customers and shareholders
since it allows Xandros to carry the technology forward and, in
turn, allows Corel to maintain its singular focus on an aggressive
new growth strategy announced in January of this year."
Under the terms of the deal, Corel will receive an undisclosed
amount of cash along with a 5 percent equity stake in Xandros and a
2 percent equity stake in Linux Global Partners. Xandros will have
unlimited rights of use to the Corel Linux desktop OS and related
technologies for a period of eighteen months.
Xandros is creating a desktop solution that will combine the
best of open source technologies with a corporate attention to
completeness, usability, and support. It is based on v3.0 of the
award-winning Corel Linux OS and represents the next step in the
evolution of the desktop. Furthermore, Xandros will be unveiling
server and enterprise management solutions in 2002.
Based in Ottawa, the Xandros team includes the world-renowned
developers and architects of the award-winning Corel Linux OS. The
first release of Xandros' desktop will come in early 2002. Xandros
is inheriting a sizeable user base from Corel Linux OS from which
it plans on significantly expanding its market presence. Xandros is
currently developing its direct and indirect distribution channels
for corporate, government, home, and educational users
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