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Topic: Michael Cowpland


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In the News (Thu 24 Dec 09)

  
 Ottawa Business Journal - News
Michael Cowpland has agreed to a $575,000 settlement to free himself of insider trading charges that have been hanging over his head for more than three years.
Cowpland said he is confident that the settlement will be accepted this time around, adding that more "supportive facts" have emerged in his favour.
Cowpland emphasized that the two matters are completely separate since they lie within the jurisdictions of two different market regulators.
www.ottawabusinessjournal.com /278922668377969.php   (761 words)

  
 Cowpland, Michael C.J.
Cowpland, Michael C.J. Cowpland, Michael C.J. Cowpland, Michael C.J., businessman (born on April 23, 1943, at Bexhill, Sussex, Eng.
Cowpland was also a major investor in one of the first portable PC's (the Hyperion Computer) on the market using the Intel 8088 microprocessor in 1981.
Cowpland is an active athlete, reaching the men's finals in tennis in the veterans' division at Wimbledon 1995.
www.thecanadianencyclopedia.com /PrinterFriendly.cfm?ArticleId=J0010031   (315 words)

  
 Corel sinks deeper in the red | Tech News on ZDNet
Corel CEO Michael Cowpland attributed the shortfall to problems with shipments of its Windows software and maintained that the software company should be given a valuation similar to Linux star Red Hat.
Cowpland and company also seemed to be reaching for reasons for the profit warning on a conference call.
Cowpland's bullishness echoed what he said on Corel's first quarter conference call when he added that the company's turnaround was complete.
news.zdnet.com /2100-9595_22-517421.html?legacy=zdnn&chkpt=zdnntop   (937 words)

  
 Wired News: Corel Chief's Stock Sale Probed   (Site not responding. Last check: 2007-10-07)
Michael Cowpland, chief executive of money-losing software-maker Corel, is being investigated by Canada's leading securities regulator for selling C$20.5 million (US$13.7 million) in stock a month before the company's share price plunged.
Cowpland, known for his love of bobsled racing and Porsches, sold the stock in August 1997 when the shares were trading near C$8.40.
Cowpland is a director at World Heart, which is attempting to create the world's first self-contained artificial heart and plans to become a publicly traded company.
www.wired.com /news/print/0,1294,14039,00.html   (515 words)

  
 Corel CEO Cowpland resigns - Computerworld
Michael Cowpland resigned as president, CEO and chairman of embattled Corel Corp., to spend his time on "new start-up opportunities," according to a company statement Tuesday.
Cowpland, Corel's founder, will continue to serve as a director on the board and as a technology adviser, but won't be involved in the company's operations, the Corel statement said.
A published report after Cowpland's departure from Corel was announced quoted a spokesman at the Ontario Securities Commission saying that the resignation isn't related to the commission's investigation of the Corel founder.
www.computerworld.com /printthis/2000/0,4814,48609,00.html   (807 words)

  
 Corel President and CEO Wins Lifetime Achievement Award   (Site not responding. Last check: 2007-10-07)
Cowpland is the president and CEO of one of the leading software companies in the world.
Cowpland began his career in 1964 at Bell Northern Research, working on electronic telephone systems, before moving to MicroSystems International where he was manager of silicon chip design.
Cowpland is a true entrepreneur - bold and brave, always willing to move in new directions, lay down new challenges and to take risks which others might eschew.
www2.ccnmatthews.com /scripts/ccn-release.pl?2000/04/20/0420014n.html   (546 words)

  
 Corel CEO pitches plan to challenge Microsoft with Linux tools, applications By JENNIFER PITTMAN Sentinel business ...
Dale Fuller of Inprise and Michael Cowpland of Corel are attempting to persuade investors and industry analysts that their merger strategy is sound.
Cowpland denies any wrong doing, and industry analysts and others who monitor Corel’s fortunes have revealed that they, too, were dumping a lot of Corel stock at the same time Cowpland was, and they weren’t privy to inside information.
Cowpland faces up to two years in jail and a minimum fine of $1 million to a maximum of three times the profit made or loss avoided if found guilty.
www.santacruzsentinel.com /archive/2000/February/13/top/stories/1top.htm   (1478 words)

  
 Linux Today - Michael Cowpland -- A Mind for Business: Interview with Corel CEO Dr. Michael Cowpland
Michael Cowpland is renowned for his commitment to developing cutting-edge technology and his ability to foresee trends in an industry characterized by frequent change.
Michael: Actually, we expect to turn Paradox into an XML repository because the next big thing is going to be databases which handle XML which act as repositories and then we've got WordPerfect as the ideal client for inputting the data and depositing it.
Michael: We've always been number one in their cross-hairs with the office suite for the last two years, so I think they are used to us being there as a competitor.
linuxtoday.com /stories/4147.html   (4301 words)

  
 Corel chief quits as problems mount - PC Magazine   (Site not responding. Last check: 2007-10-07)
Corel founder Michael Cowpland has resigned from his post as president, chief executive and chairman, after a string of major problems at the software company.
Cowpland will continue to serve as a director on the board and as a technology advisor, but will not be involved in Corel's operations, the company said in a statement.
Cowpland was also unable to close the takeover of development tools vendor Inprise/Borland, after shareholders in that company balked at the terms.
www.pcmag.co.uk /vnunet/news/2113379/corel-chief-quits-problems-mount   (442 words)

  
 Corel Acquires WordPerfect Software Products
Both Dr. Michael Cowpland and Robert Frankenberg, the chief executive officers of Corel and Novell respectively, see new opportunities arising from the partnering of their technologies that will ultimately enhance their core businesses.
Michael Cowpland is very enthusiastic about prospects for the software and the impact on Corel's existing product offerings.
Cowpland had these additional comments about the WordPerfect products, "During the course of our due diligence, we have had an opportunity to observe the beta releases of WordPerfect and PerfectOffice 7 for Windows 95 and they reach a new level of power and ease of use.
www.novell.com /news/press/archive/1996/01/pr96499.html   (892 words)

  
 PROFITguide.com | Magazine | Cowpland's Last Stand   (Site not responding. Last check: 2007-10-07)
"Cowpland's biggest mistake was when he tried to take on Microsoft in its own backyard," says John Shoesmith, an analyst at the Toronto office of high-tech research firm International Data Corp. "There was just no way." Microsoft commands some 90% of the corporate office-suites market, and its software comes pre-installed on most big-name computers.
The second was Cowpland's agreeing to receive feedback on his management style from an outside consulting firm -- a process that culminated in the formation of a 12-member Executive Leadership Team.
Despite Corel's recent initiatives, Morochove remains unimpressed: "Cowpland is like a desperate man in a burning house, going from corner to corner looking for a bucket of water." He predicts Cowpland will spin off in another direction in three months' time.
www.profitguide.com /magazine/article.jsp?content=77   (2460 words)

  
 Computer Dealer News: Cowpland talks profitability - Corel Systems founder Michael Cowpland   (Site not responding. Last check: 2007-10-07)
Cowpland, who still controls 10 per cent of Corel's stock, says the money was used to pay for some personal debts, but he has been widely criticized for making the sale.
Cowpland, however, is not about to say he's been beaten, despite laying off 530 employees at Corers Orem, UT-based research facility due to the mounting financial losses.
As Cowpland introduced himself prior to the interview, a middle-aged Comdex attendee almost stumbled into the Corel founder before realizing he was in the presence of Canada's most recognizable techno pioneer.
www.findarticles.com /p/articles/mi_m3563/is_n30_v14/ai_21127467   (1494 words)

  
 CTV.ca - Ex-Corel chief Cowpland agrees to settlement- CTV News, Shows and Sports -- Canadian Television
Cowpland and OSC investigators say that by selling the shares before announcing the lousy financial results, Cowpland avoided a loss of between zero and $1.3-million.
Cowpland's lawyer argued, and the OSC's staff lawyer accepted, that Cowpland sold the stock to repay a debt that was coming due -- not to avoid stock-market losses.
Both sides also agreed Cowpland believed at the time of the stock sale -- incorrectly as it turned out -- that Corel had made arrangements with a software distributor that would enable the company to meet its third-quarter revenue targets.
www.ctv.ca /servlet/ArticleNews/print/CTVNews/1066663455173_62072655?hub=CTVNewsAt11&subhub=PrintStory   (584 words)

  
 Corel shares inch up on news of CEO's resignation | CNET News.com
Corel founder Michael Cowpland resigned late yesterday as chief executive, chairman and president of the company amid continuing financial woes, lagging sales and a failed merger.
Cowpland is stepping down from the top spot at the Ottawa, Ontario-based software maker to pursue start-up opportunities, according to a statement from the company.
Although Cowpland will no longer be involved in active management of the 15-year-old company, he will stay on as a director on Corel's board and as a technology adviser.
news.com.com /2100-1001-244507.html   (1150 words)

  
 Cowpland quits at struggling Corel - Personal Computer World   (Site not responding. Last check: 2007-10-07)
Michael Cowpland has finally thrown in the towel as chief executive of troubled software vendor Corel after a difficult few months at the helm.
Although Cowpland remains a major shareholder in the company he founded in 1985, he said he will no longer play an operational role but will continue as a director and technology advisor.
Cowpland still faces three counts of violating US securities law after charges were brought against his personal holding company.
www.pcw.co.uk /2006612   (584 words)

  
 Confusion delays Cowpland insider trading trial to 2002 | The Register
Cowpland was accused of insider trading by the OSC back in October 1999.
The Commission claims Cowpland's sale of 2.4 million Corel shares in August 1997 was prompted by his knowledge that the company would soon post an unexpected loss.
Cowpland claims he acted without reference to the company's financial state - the sale was made to pay off personal debts.
www.theregister.co.uk /2001/01/04/confusion_delays_cowpland_insider_trading   (348 words)

  
 Corel's Cowpland quits | The Register
Michael Cowpland's announcement yesterday that he is resigning as chairman and CEO of Corel could be a shrewd move.
Cowpland himself is under investigation for insider trading by the Ontario Securities Commission, although no date has yet been set for a hearing.
Cowpland's resignation may well have a rejuvenating effect on the company, although he made it clear that the company was not for sale.
www.theregister.co.uk /2000/08/22/corels_cowpland_quits   (376 words)

  
 Cowpland resigns from Corel
Cowpland, Corel's founder, will continue to serve as a director on the board and as a technology advisor but will not be involved in the company's operations, according to the Corel statement.
Late last year, Cowpland was charged with three counts of violating Ontario securities law, allegedly using insider information about a lower-than-expected quarterly financial report for the third quarter of 1997 to sell 2.43 million shares of company stock for some $14 million.
A published report after Cowpland's departure from Corel quoted a spokesman with the Ontario Securities Commission saying that the resignation is not related to the commission's investigation of the Corel founder.
www.infoworld.com /articles/hn/xml/00/08/15/000815hncowpland.html   (1227 words)

  
 CTV.ca - OSC accepts Cowpland insider-trade settlement- CTV News, Shows and Sports -- Canadian Television
Under the order, Cowpland and his private company M.C.J.C. Holdings Inc. must pay the fine to the commission's Investor Education Fund, and Cowpland is "prohibited from becoming or acting as a director of a reporting issuer for two years."
The OSC charged in October 1999 that Cowpland, as chief executive officer of the Ottawa software maker, broke insider-trading rules, and the case has dragged on since then.
Cowpland sold 2.4 million Corel shares less than a month before the company disclosed on Sept. 10, 1997 that it would fail to meet its quarterly revenue target, causing its stock price to drop by more than 10 per cent.
www.ctv.ca /servlet/ArticleNews/print/CTVNews/1071252676951_66661876?hub=Canada&subhub=PrintStory   (366 words)

  
 Computing Canada: A leaner and meaner Corel - Michael Cowpland - Company Business and Marketing   (Site not responding. Last check: 2007-10-07)
As far as Cowpland is concerned, "it's war" between his company and Bill Gates'.
Since Java is a cross-platform technology, Cowpland hopes that its use will encourage a surge in the network computer market -- and offer a boon to Corel in the process.
During an often-heated exchange of views, Cowpland chimed in "We (Corel) think NCs are great" and reminded everyone present of a recent Gartner Group study that touted how inexpensive network computers were to run.
www.findarticles.com /p/articles/mi_m0CGC/is_n13_v23/ai_19613338   (930 words)

  
 Corel's Cowpland embattled, but upbeat
Cowpland said the market has demonstrated the case will not hurt the company.
"Michael Cowpland is a character of Shakespearean proportions in that his tragic flaw is also his greatest strength -- the fact that he has the capability of...
Despite his public push, Cowpland has an undercurrent of shyness, often accompanied by fidgeting and fussing as he carries on conversations.
www.beachbrowser.com /Archives/News-and-Human-Interest/Febuary-2000/Corels-Cowpland-embattled-but-upbeat.htm   (922 words)

  
 OSC: News Release 1999 - OSC Charges Michael Cowpland of Corel Corporation With Violations of Ontario Securities Act - ...   (Site not responding. Last check: 2007-10-07)
One count in the Information alleges that in mid-August, 1997, Cowpland informed M.C.J.C. Holdings Inc. of a material fact with respect to Corel, other than in the necessary course of business, before the material fact had been generally disclosed, contrary to subsection 76(2) (also known as tipping) and paragraph 122(1)(c) of the Act.
Cowpland (or his counsel or agent) will be required to appear before the Ontario Court of Justice at the Old City Hall, Toronto, Ontario, on November 22, 1999 at 9:00 a.m.
Michael Cowpland ("Cowpland") is an individual who resides in Ottawa, Ontario.
www.osc.gov.on.ca /About/NewsReleases/1999/nr_19991014_mcjcholdingsinc-michaelcowpland.jsp   (729 words)

  
 LinuxWorld Conference & Expo LG #39
Cowpland gave an articulate speech, focusing on the ways Corel is using Linux now and in the future.
Cowpland said again that Corel would be porting all their products to Linux and continuing to support the WINE project.
Michael was there and many fans showed up to meet him and have their books signed.
linuxgazette.net /issue39/richardson.html   (1274 words)

  
 Station Information - Michael Cowpland
Cowpland founded Cowpland Research Laboratory (soon Corel) in Ottawa in 1985.
He survived an investigation by the Ontario Securities Commission in 1999-2000 that he sold $20 million in Corel shares shortly before the company posted disappointing results.
With the company in a spiral of falling sales and rising debt, Cowpland left Corel in August 2000.
www.stationinformation.com /encyclopedia/m/mi/michael_cowpland.html   (241 words)

  
 CBC News:Cowpland settles insider trading case for $575,000   (Site not responding. Last check: 2007-10-07)
Cowpland, who said he made "an honest mistake", will also be barred from being a director or any publicly-traded company for two years.
The OSC alleged that MCJC holdings (Cowpland's private company) sold the shares with knowledge of material facts that were not widely known – specifically that Corel would fall short of quarterly sales figures.
Cowpland resigned as Corel's CEO in August 2000.
www.cbc.ca /stories/2003/10/20/cowpland201003   (459 words)

  
 LJ Interviews Corel's Michael Cowpland | Linux Journal
Michael Cowpland is Corel Corporation's founder, CEO and President; he also serves as Chairman of the Board for Corel Computer Corporation.
Michael: The number of Linux users has doubled annually for the past few years--growing from half a million users in 1994 to about 7 million this year.
Michael: There is still some fragmentation in the Linux community with respect to the various distributions.
www.linuxjournal.com /3152.html   (1185 words)

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