Corel Expands Distribution Channel: SYNNEX to Distribute Corel Software Solutions in US.

Business Editors/High-Tech Writers

OTTAWA--(BUSINESS WIRE)--April 15, 2003

Corel Corporation (NASDAQ:CORL) (TSX:COR) today announced that it has expanded its distribution channel in North America through a new agreement recently completed with SYNNEX Information Technologies, Inc. With this agreement, Corel has extended its North American agreement with SYNNEX to include US distribution.

"Corel understands the value of leveraging industry partnerships to reach more customers," said Steve Houck, executive vice-president of partner relations at Corel Corporation. "By expanding our partnership with SYNNEX, we can better support the needs of the channel community and increase exposure to Corel's software solutions among consumers, government, education and business customers. The strong partnerships we have built with our distributors play an important role in our success with both our existing offerings and new solutions we are introducing, including WordPerfect Office 11, the new version of our flagship office suite, and Corel Painter 8, our industry-leading sketching and painting tool. We look forward to working closely with our distributor partners as we increase our presence and awareness of the Corel brand at retail over the coming months."

"We are pleased to align ourselves with Corel in the US," said Mimi Anderson, vice president of product marketing for software at SYNNEX. "Our Canadian operation has partnered successfully with Corel for many years and we are very excited to expand our relationship into the US market. Corel is recognized worldwide for developing exceptional software solutions and we look forward to working closely with Corel to deliver innovative programs that will expand Corel's customer reach. The alignment with Corel will enhance the solutions we offer our resellers in the SMB and government markets and will also enhance the licensing opportunities available to our software influencers."

SYNNEX US is distributing the full line of Corel's comprehensive software solutions to their broad base of resellers, who will have access to Corel's complete product offering of graphics, office productivity, XML, process management and educational solutions.

Corel's expanded relationship with SYNNEX complements the existing distribution relationships Corel has in place to service the North American market. The Company also partners with the following distributors: Ingram Micro, serving value-added resellers, retail outlets and solution providers for government and education; D&H, which specializes in distribution for retail and education; TechData, which supplies solution providers for SMB and retail; Douglas Stewart, serving the education market; Merisel, which focuses primarily on the SMB market; and Infogrames, which serves the retail market.

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.

About SYNNEX

Founded in 1980, SYNNEX Information Technologies, Inc. is a global IT supply chain services company providing a comprehensive range of outsourcing solutions to original equipment manufacturers (OEMs) and resellers worldwide. The company offers IT distribution, contract assembly and logistics services. SYNNEX works with leading industry suppliers of IT systems, peripherals, system components, software and networking equipment. Additional information about SYNNEX may be found online at www.synnex.com.

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) 2003 Corel Corporation. All rights reserved. Corel 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.