Corel Announces Creative Summer Blockbuster! Company Releases Six Updated Graphics Offerings with New Look and Lower Price.

Business Editors/High-Tech Writers

OTTAWA, Canada--(BUSINESS WIRE)--June 4, 2003

Just in time for summer, Corel (NASDAQ:CORL)(TSX:COR) today announced the upcoming availability of a new lineup of powerful, fun and affordable software designed to put the creative power of Corel's celebrated graphics products into the hands of more customers worldwide! With a new look and lower price, this lineup includes some familiar favorites as well as some brand new applications designed to help customers enhance their creativity.

"We can't wait for customers to see what we have in store with our newly updated line of graphics offerings, designed specifically to address their needs," said Steve Houck, executive vice-president, partner relations at Corel. "With award-winning graphics technology, an updated look and lower prices, there's no better time for customers to unleash their creative energy and explore the possibilities provided by Corel's software."

Corel's Creative Summer lineup will be available at retail, via mail-order catalogues and e-commerce sites across North America this month with international rollouts scheduled for later this summer. It will include the following titles:

-- NEW! Corel Print House(R) 6 - For weddings, graduations,

birthdays and summer barbecues - Corel Print House 6 is the

fastest, easiest software application for getting your special

event organized or creating fun projects with your family! A

brand new release, Corel Print House 6 helps capture your

imagination to create unique scrapbooks, greeting cards,

calendars and more. For only $39.99(i), Corel Print House 6 is

the ideal creative partner for producing virtually any kind of

graphics project quickly and easily.

-- NEW! Corel(R) Photobook(TM) - Forget the sunscreen, the

essential vacation item this summer is Corel Photobook! Corel

has re-energized Micrografx Picture Publisher(R) Digital

Camera Edition by giving it a fresh new face as Corel

Photobook. Fast, fun and easy to use, it lets you capture,

enhance, organize and share your digital photos. Now you'll

have perfect digital photos for the friendly price of

$39.99(i).

-- Corel R.A.V.E.(TM) 2 - Web sites come alive with Corel

R.A.V.E. 2! Available for the first time as a stand-alone

application, Corel R.A.V.E. 2 enables users to easily add

interactive Flash animations and inject excitement into their

Web site. Available for $39.99(i), Corel R.A.V.E. will help to

transform your personal Web site from static to spectacular!

-- Corel(R) Bryce(R) 5 - Known for its power and ease of use,

professionals and enthusiasts love using this graphics tool to

create stunningly realistic 3D landscapes and animations. Now

available for just $79.99(i), this innovative software

application is an ideal way to integrate 3D technology into

the creative process!

-- NEW! Corel(R) KPT(R) Collection - For years, professionals and

enthusiasts alike have delighted in combining Kai's Power

Tools plug-in filters and Adobe(R) Photoshop(R). Now, we've

combined the effects in KPT 5, KPT 6 and KPT(R) effects(TM) to

give you an unprecedented set of creative effects for just

$99.99(i).

-- Corel(R) KnockOut 2 - Corel KnockOut 2 lets users preserve

fine image details that were once impossible to mask

precisely. It speeds up the entire design process by

accurately defining complex objects more quickly than other

masking techniques. An ideal plug-in for Adobe(R)

Photoshop(R), Corel PHOTO-PAINT(R) or Corel(R) Painter(TM) 8,

this unparalleled design tool is available for $99.99(i).

Corel's Creative Summer product releases demonstrate the company's strong commitment to its channel partners and to providing award-winning software that offers incredible power, versatility and exceptional value. In addition to North America, English versions of these products are now available in Asia Pacific. They will be introduced in Europe, the Middle East and Africa in August 2003, with French and German releases of Corel Print House 6 and Corel Photobook coming in September 2003.

Other Corel applications available through retail, mail-order and e-commerce sites include CorelDRAW(R) Graphics Suite 11, CorelDRAW(R) ESSENTIALS, Corel(R) Painter(TM) 8, WordPerfect(R) Office 11 and WordPerfect(R) Family Pack.

To learn more about Corel's Creative Summer lineup, please visit www.corel.com/creativesummer.

(i) Amounts expressed in US dollars. Suggested retail price only.

About Corel Corporation 

Founded in 1985, Corel Corporation (www.corel.com) is a leading technology company specializing in content creation tools, business process management and XML-enabled enterprise solutions. The company's goal is to give consumers and enterprise customers the ability to create, exchange and instantly interact with visual content that is always relevant, accurate and available. With its headquarters in Ottawa, Canada, Corel's common stock trades on the Nasdaq Stock Market under the symbol CORL and on the Toronto Stock Exchange under the symbol COR.

(C) 2003 Corel Corporation. All rights reserved. Corel, the Corel logo, Corel Print House, Corel Photobook, Picture Publisher, Corel R.A.V.E., Bryce, KPT, Corel Painter, CorelDRAW and WordPerfect are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries in Canada, the US and/or other countries. All other product, font and company names and logos are trademarks or registered trademarks of their respective companies.