Corel Announces New Rebates for OEM Channel Partners: Partners Earn $50 Instant Rebate on OEM 3-Packs of WordPerfect'R' 12 Productivity Pack and CorelDRAW'R' Graphics Suite 12.

OTTAWA -- Corel today announced an aggressive new rebate program designed specifically for OEM partners servicing small-to-medium sized businesses (SMBs). Under the terms of this special promotion, registered Corel partners who purchase either three WordPerfect 12 Productivity OEM 3-Packs or one CorelDRAW Graphics Suite 12 OEM 3-Pack will earn an instant rebate of $50 US at distribution. This is the first time that the full version of the award-winning CorelDRAW Graphics Suite 12 has been made available to the channel as an OEM 3-Pack. This special promotion will run from October 1 to November 30, 2004 and is open to all existing Corel OEM partners and to new partners who register at www.corel.com/partners.

"We believe this rebate creates exceptional value for our partners, giving them access to Corel's award-winning software at an extremely compelling price point," said Brett Denly, executive vice president of worldwide marketing for Corel. "We recognize the essential role that partners play in promoting Corel's solutions to their customer base, particularly to those value-conscious customers who are starting up or running their own small business."

Added Mr. Denly: "This $50 rebate promotion builds on Corel's already attractive business proposition for partners. By introducing offers that deliver solid margins and create fresh upsell opportunities, we're encouraging our existing partners to further develop their business with us, while at the same time attracting new partners who will recommend Corel's products as part of their technology solutions."

"We've been incredibly impressed with the level of commitment and innovation that Corel is demonstrating in its dealings with solution providers," said John L. Miller, President of LANsultants, Inc. "They're clearly serious about growing their business and providing high quality programs and relevant support that allows us to further cultivate and grow our client base."

Corel's Partner Program Delivers Immediate Benefits

By registering as a Corel partner, solution providers gain access to immediate benefits:

- New! Partner Kit - Offering partners a turnkey kit to increase
  sales, this unique all-in-one package features WordPerfect Office
  12, CorelDRAW Graphics Suite 12 (not for resale software), a free
  Corel Partner Site License, along with extensive marketing and
  sales materials. Valued at approximately $2500 US, this kit is
  available to registered partners for only $49 US.

- VAR Incentive Program - Partners who register by November 30, 2004
  are eligible for rebates of up to seven percent on net purchases of
  qualifying Corel software. Over 1000 new partners have joined the
  program since it launched last May.

- Extensive Training - Scheduled throughout the year, Corel's
  training sessions provide partners with easy access to the
  resources they need to get their questions answered.

- Corel Connected - Corel's partner portal provides continuous access
  to marketing resources, product information, sales tools and
  training, 24 hours a day, 7 days a week.

Pricing & Availability

The WordPerfect 12 Productivity OEM 3-Pack is available for a suggested retail price of $79 US. The CorelDRAW Graphics Suite 12 OEM 3-Pack is available for a suggested retail price of $450 US. Partners who purchase either three (3) WordPerfect 12 Productivity OEM 3-Packs or one (1) CorelDRAW Graphics Suite 12 OEM 3-Pack from an authorized, participating distributor during the promotional period will earn an instant rebate of $50 US.

Corel's authorized, participating distributors include Tech Data, Ingram Micro, D&H and Synnex.

For more information on WordPerfect Office 12 or CorelDRAW Graphics Suite 12, please visit www.corel.com. To register as a Corel partner or for more information on Corel's Partner Program, please visit www.corel.com/partners.

About Corel

Corel provides innovative software solutions and services that help millions of customers worldwide improve their productivity. Founded in 1985, the Company is best known for its leading graphics and office productivity solutions, including CorelDRAW(R), Corel(R)Painter(TM) and WordPerfect(R). With its headquarters in Ottawa, Canada, Corel has offices around the globe. For more information, please visit www.corel.com.

(C) 2004 Corel Corporation. All rights reserved. Corel, CorelDRAW, WordPerfect, 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.