Ottawa, Canada (October 14, 2004) – Corel Corporation today acquired Jasc Software, Inc., an award-winning developer of the Paint Shop™ family of digital photography and image editing software. A critical milestone of Corel's ongoing growth strategy, this acquisition follows four consecutive quarters of profitability and a successfully completed turnaround since Corel was taken private in August 2003. The acquisition further extends Corel's position as a powerful force in the packaged software i...