The History of CorelDRAW

In 1987, Corel hired software engineers Michel Bouillon and Pat Beirne to develop a vector-based illustration program to bundle with their desktop publishing systems. That program, CorelDraw, was initially released in 1989. CorelDraw 1.x and 2.x runs under Windows 2.x and 3.0. CorelDraw 3.0 came into its own with Microsoft's release of Windows 3.1. The inclusion of TrueType in Windows 3.1 transformed CorelDraw into a serious illustration program capable of using system-installed outline fonts without requiring third-party software such as Adobe Type Manager paired with a photo editing program (PhotoPaint), a font manager and several other pieces of software, it was also part of the first all-in-one graphics suite.

Corel Corporation (from the abbreviation "Cowpland Research Laboratory") is a software company. Michael Cowpland launch Corel in Ottawa in 1985. At first, the company sold DTP workstations, but success did not arrive until the launch of the graphics software CorelDRAW in 1989.

(inspired from wikipedia)