Corel Introduces The New Corel WordPerfect Office X3; World's Leading Alternative to Microsoft Office Improves Compatibility, Security and Formatting Capabilities; Groundbreaking PDF Import Extends Open Standards Support.

OTTAWA -- Corel Corporation today announced the availability of the new Corel WordPerfect(R) Office X3 family of desktop productivity software - the newest version of the world's leading alternative to Microsoft(R) Office. Providing enhanced compatibility with Microsoft Office, as well as industry-leading feature richness, ease-of-use and value, Corel WordPerfect Office X3 sets a new standard for content re-use as the first and only office suite to natively import and export word processing documents, plus export spreadsheets and presentations, to PDF, one of the world's most widely deployed open formats.

In addition to PDF Import, Corel WordPerfect Office X3 offers a wide variety of new and enhanced features, including a new email client, a fresh new user interface, new online resources, enhanced multilingual character support and the powerful ability to easily eliminate hidden metadata. These new capabilities are complemented by the suite's beloved classic features - such as RealTime Preview, context-sensitive toolbars and task-oriented wizards, making Corel WordPerfect Office X3 the easiest-to-use version of WordPerfect Office ever.

Used by millions of customers around the globe, Corel WordPerfect Office is the world's leading alternative to Microsoft Office.

"With Corel WordPerfect Office X3, Corel has created a powerful solution that enables users to create, edit, and re-use their content, particularly through its new ability to import, edit and export PDF, as well as its exceptional Microsoft Office compatibility," said Richard Carriere, General Manager for Office Productivity at Corel Corporation. "Now customers can choose a feature-rich office suite that supports today's most widely-used open and proprietary file formats, backed by Corel's outstanding customer support, for up to 60% less than the cost of Microsoft Office."

The Corel WordPerfect Office X3 family features a selection of distinct products for distinct users, led by the flagship Corel WordPerfect Office X3 - Standard Edition and the outstanding value of Corel WordPerfect Office X3 - Home Edition. Corel's liberal upgrade policy allows users of many Microsoft Office, Corel WordPerfect Office and Corel graphics products to purchase Corel WordPerfect Office X3 for the upgrade price. Full upgrade information is available from www.wordperfect.com.

The Standard Edition is made up of WordPerfect(R) X3 for word processing, spreadsheet application Quattro Pro(R) X3 and Presentations(TM) X3 for multimedia presentations. The Standard Edition also includes the new WordPerfect(R) MAIL(TM)(a) email application and the graphics and image editing program Presentations(TM) Graphics X3. The Home Edition, developed to deliver all the capabilities today's busy households desire in one value-packed box, includes WordPerfect X3 - Home Edition, Quattro Pro X3 - Home Edition, Corel(R) Photo Album 6 - Standard Edition, Pinnacle Studio(TM) SE, Pinnacle Instant CD/DVD LE v8, Norton Internet Security(TM) 2006(b), plus two WordPerfect OfficeReady(TM) Template Packs, Personal Finance and Home and School Essentials.

"One of the major trends this decade is towards products that better meet the needs of individuals, vertical markets, and/or specialized organizations" said Rob Enderle, Principal Analyst for the Enderle Group. "This has resulted in a growing trend away from standard offerings and fueled the market for alternatives. Corel WordPerfect Office has proven itself to be the leader in alternative office suites aggressively meeting the needs of a number of unique markets, companies and individuals. The latest version, X3, goes even farther to address these unique needs while maintaining its market leading ability to interoperate and strengthening its unique leadership position."

Key features and enhancements of Corel WordPerfect Office X3 - Standard Edition include:

Exciting New Levels of Compatibility

--New PDF Import and suite-wide Publish to PDF - WordPerfect X3 natively imports PDF documents, making it easy to reuse text and graphics stored in this format. Suite-wide PDF export capabilities enable users of Corel WordPerfect Office X3 to turn documents, spreadsheets and presentations into PDF files without additional PDF software, making sharing content via the open PDF format simple and cost-effective

--Enhanced, exceptional compatibility with Microsoft Office - Improvements to compatibility in each of WordPerfect X3, Quattro Pro X3 and Presentations X3 ensure it is easy to open, edit and save Microsoft Word, Excel(R) and PowerPoint(R) files which, with PDF, are among today's most widely exchanged file formats. Easily work with Microsoft Office files, or choose from the more than 150 other formats supported by Corel WordPerfect Office X3

Enhanced Feature Richness

--Updated user environment - Stylish and sleek new buttons and toolbars give Corel WordPerfect Office X3 users an exciting and clean new user environment that will be familiar to existing WordPerfect Office customers and former Microsoft Office users alike. Customizable features such as the easy to use Workspace Manager let users select the work environment of their choice with the click of a button, choosing from a variety of WordPerfect and Microsoft Word modes

--Save without Metadata - An absolute must-have feature any time confidentiality is a concern, WordPerfect X3 makes it easy to quickly remove private or sensitive data that can be hidden in, but easily extracted from, office productivity documents

--Online resources featuring Yahoo!(R) Search - Enjoy enhanced web integration with the new ability to access online resources, both from Corel and Yahoo!, and quickly conduct web searches directly from within WordPerfect X3

Greater Value

--WordPerfect MAIL - A full-featured and easy to use email application, WordPerfect MAIL provides email, calendar, contact management and RSS capabilities - along with lightning-fast search

Increased Ease of Use

--Additional new features save time and effort with ease-of-use and formatting feature enhancements including: the PerfectExpert(TM), with its new templates and helpful advice; enhanced Word Count capabilities; the new Migration Manager; enhanced Paste without Formatting feature; the new ability to view and print documents from within a web browser; enhanced charting and reporting tools; the new Presentations Graphics X3 graphics module; and more. To help buyers get the most of their purchase, each version of WordPerfect Office X3 also includes Getting Started With WordPerfect Office X3, a two-hour CD of training videos from lynda.com.

Customer Response To WordPerfect Office X3

"PDF isn't just for printing anymore. PDF import will let text and images come into WordPerfect quickly and easily, and be saved for re-use," Elaine Dawson, Senior Assistant Registrar for Data Analysis and Technical Services at Old Dominion University. "The ability to extract data and images from PDF files without retyping reduces errors and significantly reduces document conversion and turnaround time. This feature alone represents a huge step forward for WordPerfect Office users. And, opening PDFs from the File menu means no complicated steps to remember. It doesn't get any easier than that!"

"Metadata is becoming an issue of increasing concern for lawyers," said Jim Calloway, Director, Management Assistance Program at the Oklahoma Bar Association. "Metadata is useful for internal office operations, but to maintain confidentiality it's important to cleanse metadata before you send out a document to another party. Kudos to Corel for including a metadata removal tool in Corel WordPerfect Office X3."

Distinct Products For Distinctive Customers

Acknowledging that different customers have different needs, Corel is today introducing two versions of Corel WordPerfect Office X3, in addition to its flagship Standard Edition and Home Editions. Each version has been developed to deliver maximum value to its intended customer.

Corel WordPerfect Office X3 - Student and Teacher Edition has been developed for the education and not-for-profit markets, making WordPerfect X3, Quattro Pro X3, Presentations X3 and the relational database Paradox(R) available at the aggressive price of $99.99 USD / $119.99 Cdn. Eligible buyers also benefit from flexible licensing that permits this version to be installed on up to three PCs. In addition, most Corel products are available to eligible K-12 and Higher Education institutions for one low price via a value-packed site license program. Find out more at www.corel.com/education.

Corel WordPerfect Office X3 - Professional Edition includes many of the same enterprise-grade capabilities of Corel WordPerfect Office X3 - Standard Edition, plus Paradox, Microsoft Visual Basic(R) for Applications, and network deployment-, macro- and VBA programming guides. The Professional Edition also includes the Corel WordPerfect Office X3 Software Development Kit (SDK), including the specifications of the WordPerfect file format. For a full description of the Corel WordPerfect Office X3 product family, please visit www.wordperfect.com.

Pricing and Availability

English-language versions of Corel WordPerfect Office X3 - Standard, Home, Student and Teacher and Professional Edition are available now online from www.wordperfect.com and leading resellers worldwide. Information regarding localized versions of Corel WordPerfect Office X3 will be announced in Spring 2006.

Corel WordPerfect Office X3 - Standard Edition is available starting at the suggested retail price (SRP) of $159.99 US / $199.99 Cdn. WordPerfect Office X3 - Home Edition is available at the SRP of $79.99 USD / $89.99 Cdn after a $20 USD / $30 Cdn mail-in rebate. Corel WordPerfect Office X3 - Student and Teacher Edition is available at the SRP of $99.99 USD / $119.99 Cdn. Corel WordPerfect Office X3 - Professional Edition starts at the SRP of $259.99 USD / $319.99 Cdn, with volume licensing available for less.

In the United States, Corel WordPerfect Office X3 products will be available from leading resellers including Amazon, ASAP, CDW, Circuit City, Comp USA, Fry's, Microcenter, Office Depot, PC Connection, PC Mall and SHI. In Canada, resellers include Office Depot, Softchoice, STAPLES Business Depot and The Source by Circuit City. All Corel WordPerfect Office X3 products, including licensing, may also be purchased directly from Corel at www.wordperfect.com.

For more information about Corel WordPerfect Office X3 or other products from Corel, please visit www.corel.com.

About Corel Corporation

Corel Corporation provides innovative software solutions that help millions of value-conscious businesses and consumers in over 75 countries improve their productivity. The Company is renowned for its powerful software portfolio that combines innovative photo editing and graphics creation, vector-illustration, and technical-graphics applications along with office and personal productivity solutions. Corel's flagship products include CorelDRAW(R) Graphics Suite, WordPerfect(R) Office Suite, Paint Shop(TM) Pro, Corel DESIGNER(R) Technical Suite, and Corel Painter.

Founded in 1985, Corel is headquartered in Ottawa, Canada. For more information, please visit www.corel.com.

(a)License versions of Corel WordPerfect Office X3 may not include WordPerfect MAIL. Visit www.wordperfect.com for details

(b)Norton Internet Security 2006 includes the world's most trusted antivirus solution - Norton AntiVirus(TM) with spyware protection, Norton(TM) Personal Firewall, Norton(TM) Privacy Control, Norton AntiSpam(TM), Norton(TM) Parental Control, and a complimentary 90-day subscription to protection updates.

(C) 2006 Corel Corporation. All rights reserved. Corel, CorelDRAW, WordPerfect, Painter, Paint Shop 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.