Corel's Ulead(R) DVD MovieFactory(R) 6 and Ulead(R) VideoStudio(R) 11 Receive World's First DVD Editing and Authoring Certification for Both BDMV and AVCHD Formats.

Ulead DVD MovieFactory 6 and Ulead VideoStudio 11 have successfully passed the stringent quality standards and guidelines to ensure the best user experience for BDMV and AVCHD Formats

OTTAWA -- Corel Corporation (NASDAQ:CREL) (TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced its Ulead[R] DVD MovieFactory[R] and Ulead[R] VideoStudio[R] are the world's first DVD editing and authoring software programs to achieve certified support of both Blu-ray Disc Movie Video (BDMV) and Advanced Video Codec High Definition Standard (AVCHD) formats. The announcement was made at IFA in Berlin, Germany. IFA runs August 31 to September 5, 2007 at the Messe Berlin. Corel is located in Hall 6.2a, Stand 104 with the Blu-ray Disc Association and in Hall 21a, Stand 104 with the HD DVD Promotion Group.

By receiving certification for BDMV and AVCHD, Ulead DVD MovieFactory 6 and Ulead VideoStudio 11 have passed the stringent quality standards and guidelines set by the Blu-ray Disc Association and AVCHD Testing Center to ensure the best user experience. Users can now produce fun and creative DVD projects with a professional-looking feel in BDMV, AVCHD or standard DVD formats.

With BDMV, users can edit and author personal Hollywood-style movies with menu navigation. Movies can be preserved to the highest resolution, 1,920 x 1,080 pixels, and recorded on up to 50GB Blu-ray Disc media.

As the latest high-definition format for consumer camcorders, AVCHD allows users to capture their home video with the most efficient H.264 video codec. Users can import their own AVCHD content to further edit, author or create an AVCHD disc for playback.

"We are extremely excited that Ulead DVD MovieFactory and Ulead VideoStudio are the first DVD editing and authoring software programs to be certified for both BDMV and AVCHD formats," said Blaine Mathieu, Vice President and General Manager, Products and Strategy, Digital Media at Corel. "This achievement affirms Corel's leadership in digital media technology, as well as our commitment to quality and industry standards for our customers."

Pricing and Availability

Registered users of Ulead DVD MovieFactory 6 Plus can purchase an update which includes BDMV, AVCHD and HD DVD Advanced Content formats for $19.99 (US and Canada) at www.corel.com. The update is available today in Japan. The English language version will be available in early September. German and French languages will follow in early October with Traditional Chinese scheduled for availability in mid October.

Ulead VideoStudio 11 Plus users will be able to download a free update which includes BDMV and AVCHD formats at www.corel.com. The update will be available in English in early October with German, French and Traditional Chinese to follow in mid October. Dutch and Italian will be available in late October with Russian and Polish availability in early November.

About Corel Corporation

Corel is a leading developer of graphics, productivity and digital media software with more than 100 million users worldwide. The Company's product portfolio includes some of the world's most popular and widely recognized software brands including CorelDRAW[R] Graphics Suite, Corel[R] Paint Shop Pro[R], Corel[R] Painter[TM], Corel DESIGNER[R], Corel[R] WordPerfect[R] Office, WinZip[R] and iGrafx[R]. In 2006, Corel acquired InterVideo, makers of WinDVD[R], and Ulead, a leading developer of video, imaging and DVD authoring software. Designed to help people become more productive and express their creative potential, Corel's software strives to set a higher standard for value with full-featured products that are easier to learn and use. The industry has responded with hundreds of awards recognizing Corel's leadership in software innovation, design and value.

Corel's products are sold in more than 75 countries through a well-established network of international resellers, retailers, original equipment manufacturers, online providers and Corel's global websites. The Company's headquarters are located in Ottawa, Canada with major offices in the United States, United Kingdom, Germany, China, Taiwan, and Japan. Corel's stock is traded on the NASDAQ under the symbol CREL and on the TSX under the symbol CRE.

(c) 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, InterVideo, WinDVD, DVD MovieFactory, Ulead, VideoStudio and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product, font and company names and logos are trademarks or registered trademarks of their respective companies.