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This new version is a subtheme of Adaptivetheme 7.x-2.x, you must download and install the latest 7.x-2.x version in order to use this new version of Corolla.
This is almost a complete ground up re-write - it comes with many new layout features care of Adaptivethemes new media queries driven layout engine which includes support for mobiles devices such as iPhone, smartphone, iPad and tablets etc. Easy to configure layout and media queries are baked in.
There is also support for switching fonts including Google webfonts.