Corel Ventura 10 Now Available-Extending the Power of XML Content to Professional Business Publishing.

    Business Editors/Technology Writers

    OTTAWA--(BUSINESS WIRE)--Oct. 7, 2002--Corel Corporation
(NASDAQ:CORL) (TSX:COR.) today announced that Corel Ventura(R) 10 is
now available. A comprehensive page-layout and publishing application,
Corel Ventura 10 provides exceptional tools designed specifically for
the creation of highly-formatted and visually-rich business documents.
Including new features such as XML import, Publish to PDF, and
enhanced graphics support, Corel Ventura 10 is the ideal tool for
business document creation.
    Together with Corel(R) XMetaL(R) 3, Corel Ventura 10 enables
enterprise customers to quickly and easily create and professionally
publish XML content. The easy-to-use XMetaL interface enables anyone
within an organization to create XML. Corel Ventura 10 ensures that
customers can use XML content, as well as a wide variety of content
formats, to create professional documentation.
    "In addition to its exceptional publishing power, Corel Ventura 10
enables enterprise customers to realize the maximum value of their XML
content. By its very nature, XML provides huge efficiencies for mobile
and Web content creation. Corel Ventura 10 takes this one step further
- delivering XML content for print," said Bruce Sharpe, executive
vice-president of XML content solutions for Corel. "By providing
comprehensive support for a wide variety of file formats, Corel
Ventura 10 enables customers to re-use their content to create
high-end, visually-rich documents."

    New features and enhancements:

    --  XML Import: Format and publish XML content with the new XML
        Mapping Editor.

    --  Publish to PDF: Create PDF files directly from within Corel
        Ventura 10. Users can take advantage of advanced PDF settings
        for professional printing output.

    --  Integrated Preflight Engine: Receive valuable feedback on
        publications before final output with new preflight warnings
        and the ability to save preflight styles for common workflows
        such as Print, Publish to PDF and Publish to the Web.

    --  Enhanced Graphics Capabilities: Power documents with
        compelling visuals using more than 50 new bitmap effects and
        improved support for import and export picture file formats,
        including CorelDRAW(R) 11.

    --  Table Tags: Use Table Tags to format multiple tables
        simultaneously. This enhancement takes the robust table
        functionality in Corel Ventura to a new level.

    Corel Ventura 10 also includes:

    --  Corel(R) DataBase Publisher

    --  Corel CAPTURE(TM) 10

    --  Corel Barcode Wizard

    --  Color User Guide

    --  1,500+ TrueType(R) and Type 1 fonts

*T

    Corel Ventura 10 is available for the suggested retail price of
US$699. Registered customers of Corel Ventura 7 or 8 may purchase
Corel Ventura 10 at the suggested upgrade price of US$249.
    For more information about Corel Ventura 10, please visit
www.corel.com/ventura10.

    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.

    (C) 2002 Corel Corporation. All rights reserved. Corel, the Corel
logo, Corel Ventura, CorelDRAW, Corel CAPTURE, and XMetaL 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.

    --30--KH/na*

    CONTACT: Press Contact
             Mike Maloney, 416/264-3793
             [e-mail]
             or
             Corel Corporation
             Investor Contact: John Hladkowicz, 613/728-0826 ext. 1194
             [e-mail]

    KEYWORD: INTERNATIONAL CANADA
    INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS SOFTWARE PRODUCT
    SOURCE: Corel Corporation