CorelDRAW 10 and Corel PHOTO-PAINT 10 Now Available as Standalone Applications for Macintosh Customers.

Business Editors

OTTAWA--(BUSINESS WIRE)--Nov. 15, 2001

Corel PHOTO-PAINT(R) 10 the First Professional

Image-Editor for Mac(R) OS X

Corel Corporation (Nasdaq:CORL) (TSE:COR.) is pleased to announce the availability of CorelDRAW(R) 10 and Corel PHOTO-PAINT(R) 10 as standalone applications for the Macintosh(R) platform.

Designed to help make inspiration come alive, CorelDRAW 10 and Corel PHOTO-PAINT 10 deliver professional-level design tools to take creativity to a new level on Mac(R) OS X, including version 10.1.

In keeping with Corel's commitment to provide Mac-specific, professional tools for designers, this is the first time Corel has offered the opportunity to purchase both applications separately.

"We know that professional designers require the flexibility to create their own work environment and personally select the tools that best suit their workflow. By offering CorelDRAW 10 and Corel PHOTO-PAINT 10 as standalone applications for the Mac we are tailoring our products for their specific needs," said Ian LeGrow, executive vice-president of creative products at Corel.

CorelDRAW 10 is a powerful and intuitive vector illustration and page-layout application that provides a wide range of creation tools, innovative vector and raster image effects, high-end output features, and exceptional Web capabilities. Corel PHOTO-PAINT 10, the first professional image-editing application for Mac OS X, offers professional users comprehensive photo-editing, image composition, and painting capabilities. It is compatible with all Adobe(R) Photoshop(R) compatible plug-ins including procreate(TM) KPT(R) effects(R) and procreate(TM) KnockOut 2.

"As a leading developer of graphic applications for Mac OS X, we are particularly excited to be the first to provide creative users with professional image-editing technology to leverage the strengths of this new operating system. Corel PHOTO-PAINT 10 and Mac OS X are an exciting combination unmatched by any other products or platforms," added LeGrow. CorelDRAW 10 for Macintosh

CorelDRAW 10 for Macintosh provides many valuable new and updated features. Users will benefit from a customizable user interface, more robust and easier to use color management, and enhancements to drawing and interactive tools. Also included is the utility CorelTRACE(TM), a raster-to-vector tracing utility that converts scanned or manually created raster images into vector images.

Corel PHOTO-PAINT 10 for Macintosh

This latest version of Corel PHOTO-PAINT provides a fully customizable user interface and improved masking functionality. New and existing text tools have been enhanced for easier text creation and control. Drop shadow now includes both the Feathering and Opacity controls on the tool, as well as automatic update and preview when you click and hold.

CorelDRAW 10 for Macintosh is now available at the price of US$349(a). Registered users of CorelDRAW(TM) 8 for Power Macintosh(R) and CorelDRAW 6 for Power Macintosh may purchase CorelDRAW 10 at the special upgrade price of US$169(a).

Corel PHOTO-PAINT 10 for Macintosh is now available at the price of US$249(a). Registered users of CorelDRAW 8 for Power Macintosh, Corel PHOTO-PAINT 8 for Power Macintosh and CorelDRAW 6 for Power Macintosh may purchase Corel PHOTO-PAINT 10 at the special upgrade price of US$149(a).

Users who appreciate the full power of a comprehensive graphics package may purchase both applications together in Corel(R) GRAPHICS SUITE 10 for Macintosh for US$569.99(a).

German and French versions will be available in December 2001.

For further information about CorelDRAW 10 for Macintosh, Corel PHOTO-PAINT 10 for Macintosh and Corel GRAPHICS SUITE 10 for Macintosh, please visit www.corel.com/inkblot.

(a)Suggested retail price. Dealers may sell for less.

Corel Corporation

Corel Corporation provides its customers with the creative tools they need to unleash their imaginations. With its heritage of software innovation and a solid franchise of loyal customers worldwide, Corel has earned its reputation as an internationally recognized developer of award-winning graphics and business productivity applications on the Windows(R), Macintosh(R), Linux(R) and UNIX(R) platforms. Corel will continue to expand its support of the Web, delivering the Internet's versatility to customers through exciting Web-based applications, content and services. Corel will also be developing applications for Microsoft's .NET platform as part of its commitment to provide customers with a full range of applications and services over the Internet. With its headquarters in Ottawa, Canada, Corel continues to be one of Silicon Valley North's most exciting and influential software companies. Corel's common stock trades on the NASDAQ Stock Market under the symbol CORL and on the Toronto Stock Exchange under the symbol COR. For more information on Corel Corporation, please visit

(C) 2001. Corel Corporation. All right reserved.

Corel, CorelDRAW, Corel PHOTO-PAINT, procreate, KPT, effects, and the Corel logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited in Canada, the United States and/or other countries. All other product, font, company names and logos are trademarks or registered trademarks of their respective companies.