Corel Corporation: WordPerfect Family Pack 4 Available Now! Popular Suite of Family Software Offers Incredible Value for Home Computing.

Business Editors & Technology Writers

Corel Corporation (NASDAQ:CORL)(TSX:COR) today announced the availability of WordPerfect(R) Family Pack 4, the latest version of the popular suite of easy-to-use software applications for home computing. Featuring the renowned word-processing application, WordPerfect, this suite is friendly enough to help the whole family get organized, get creative, and get the job done.

WordPerfect Family Pack 4 includes many applications that are specifically designed to meet a wide variety of home computing needs from writing essays to touching up digital images to keeping track of personal finances. The suite includes WordPerfect 10, Quattro Pro(R) 10, Picture Publisher(R) Digital Camera Edition, and the Task Manager - the headquarters of WordPerfect Family Pack 4. In addition, several third-party applications are included to help an entire family get the most out of their home computing experience.

"Families are looking for inexpensive, quality software for their home computing needs," said Annette McCleave, executive vice-president of marketing for Corel Corporation. "WordPerfect Family Pack 4 delivers a whole lot of great technology for an ideal price. Our goal was to satisfy parent's concerns that their children's educational needs are being met and their creative minds are being nurtured."

What's Included in the Pack

WordPerfect(R) 10 is an award-winning word processing application that helps create high-quality, high-impact documents with ease. Create professional-looking letters, brochures, book reports, resumes, and much more.

Quattro Pro(R) 10 is a comprehensive and versatile spreadsheet application that can help track household inventory, plan budgets, track expenses, track vehicle maintenance, or organize information about CDs or other collections.

Picture Publisher(R) Digital Camera Edition is the perfect companion to a family's digital camera. It lets you create, correct, enhance, manage, and publish your digital pictures quickly and easily.

The Task Manager is the headquarters of WordPerfect Family Pack 4. It serves as a launching pad to introduce you to the applications included in the suite, to guide you through the creation of various projects, and to organize the suite's vast collection of ready-to-use templates.

WordPerfect Family Pack 4 also includes the following third-party applications:

-- Dragon NaturallySpeaking(R) Essentials - speech recognition software that allows you to communicate with your computer by speaking and includes a free microphone headset

-- McAfee(R) VirusScan - provides comprehensive virus protection for your computer by detecting and removing known viruses

-- Avery(R) DesignPro(TM) - creative design software that helps you create, format, and print many Avery laser and ink jet projects, including postcards, t-shirt transfers, and greeting cards

-- Britannica(R) Ready Reference(TM) Encyclopedia - CD-ROM that condenses 25,000 articles from the renowned 32-volume print set.

Pricing and Availability

WordPerfect Family Pack 4 is available now at a suggested retail price (SRP) of US$89and CDN$149.

For more information about WordPerfect Family Pack 4, please visit www.wordperfect.com/family.

About Corel Corporation

Founded in 1985, Corel Corporation (www.corel.com) is a leading technology company that offers software for home and small business users, creative professionals and enterprise customers. 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.

This press release contains forward-looking statements as defined by the United States Private Securities Litigation Reform Act of 1995, involving the company's expectations about future financial results and other matters. These statements reflect management's current forecast of certain aspects of the company's future business. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results of operations to differ materially from historical results or current expectations. The words "plan", "expect", "believe", "intend", "anticipate", "forecast", "target", "estimate" and similar expressions identify forward-looking statements. Risk factors include 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 for a more complete discussion of the other risks and uncertainties. The factors underlying forecasts are dynamic and subject to change. As a result, forecasts speak only as of the date they are given and do not necessarily reflect the company's outlook at any other point in time. The company does not undertake to update or review these forward-looking statements.

(C)2002 Corel Corporation. All rights reserved. Corel, WordPerfect, Quattro Pro, Picture Publisher, and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries in Canada, the U.S. and/or other countries. All other product, font and company names and logos are trademarks or registered trademarks of their respective companies.