Corel Corp

Corel Corp. is performing an audit on an invoice from a supplier of InterVideo as the Company is disputing some of the items invoiced.

During fiscal 2007, the Company received an invoice from a supplier of InterVideo relating to the…

Corel Corp. continues to contest the Ministry of Revenue of Ontario’s CDN7.5 million tax reassessment, according to the Company’s Quarterly Report filed with the U.S. Securities and Exchange Commission on Oct. 3, 2008.

At the beginning of the fiscal 2007-3rd quarter,…