Corel Appoints Chief Financial Officer.

Business Editors

OTTAWA--(BUSINESS WIRE)--April 17, 2000

Corel Corporation (NASDAQ: CORL)(TSE: COR.) is pleased to today announce the appointment of John Blaine, C. A., as executive vice-president and chief financial officer.

Mr. Blaine joins Corel from Sterling Commerce Inc., where he most recently served as vice-president and controller in its Dublin, Ohio corporate offices. In that executive role, Mr. Blaine was responsible for all periodic and special financial filings with the United States Securities and Exchange Commission, monitoring of internal accounting controls and assisting in the acquisition of multiple companies.

Prior to joining Sterling Commerce four years ago, Mr. Blaine held various executive positions during his six years with Sterling Software, Inc., the former parent company of Sterling Commerce. These roles included: director, finance and administration of its Paris, France subsidiary and vice-president of finance and administration of its Canadian subsidiary.

"John Blaine's multi-sector experience in finance and corporate affairs will be a major asset to our company," said Dr. Michael Cowpland, president and chief executive officer of Corel Corporation. "We are delighted to have him join our senior management team."

Mr. Blaine holds a B. Comm. Degree from the University of Guelph and a C.A. from the Canadian Institute of Chartered Accountants. His proven track record in Canada, Europe and the United States is testament to his strong relationships with financial stakeholders, both internal and external.

"This is a great opportunity to help direct Corel's future," said Mr. Blaine. "I am looking forward to all the opportunities and challenges that lie ahead."

Corel Corporation

Corel Corporation is an internationally recognized developer of award-winning business productivity, graphics and operating system solutions on the Windows(r), Linux(r), UNIX(r), Macintosh(r) and Java(tm) platforms. Corel also develops market-leading, Web-based solutions including applications, contents, e-commerce and online services. For access to these services and more information go to www.corel.com or www.corelcity.com. Corel is headquartered in Ottawa, Canada. Corel's common stock trades on the NASDAQ Stock Market(sm) under the symbol CORL and on the Toronto Stock Exchange under the symbol COR.

This press release contains statements that are forward looking as that term is defined by the United States Private Securities Litigation Reform Act of 1995. These statements are based on current expectations that are subject to risks and uncertainties. Actual results will differ due to factors such as shifts in customer demand, product shipment schedules, product mix, competitive products and pricing, technological shifts and other variables. Readers are referred to Corel's most recent reports filed with the Securities and Exchange Commission.

Corel and the Go further logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. Linux is a registered trademark of Linus Torvalds. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners.