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COREL CORPORATION ANNOUNCES NASDAQ QUOTATION AND PRIMARY OFFERING

COREL CORPORATION ANNOUNCES NASDAQ QUOTATION AND PRIMARY OFFERING
 ONTARIO, May 15 /PRNewswire/ -- Corel Corporation (TORONTO: COS) announced today its intention to have its shares quoted on the National Association of Securities Dealers, Inc. Automated Quotation National Market System (NASDAQ-NMS). Concurrently the company plans on completing a US primary offering of its shares.
 Michael Slaunwhite, Corel's chief financial officer stated:
 Since going public on the Toronto Stock Exchange back in November 1989 we have seen a steady increase in the number of U.S. investors who own Corel shares, to the point where today Corel has substantial number of U.S. investors. Our plan to have Corel shares quoted on the NASDAQ-NMS will make it easier for these U.S. investors to trade our shares. It will also make it possible for a broader group of U.S. brokerage firms to follow the company.
 Founded in 1985 by Dr. Michael Cowpland, Corel Corporation is the leading developer of graphics software and SCSI software for the PC. CorelDRAW, Corel's industry standard graphics package, has won or 50 industry awards worldwide.
 -0- 5/15/92
 /CONTACT: John Hladkowicz of Corel Corporation, 613-728-8200 ext. 1192/
 (COS) CO: Corel Systems Corporation ST: Ontario IN: SU:


AH -- NY118 -- 1050 05/15/92 20:08 EDT
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Publication:PR Newswire
Date:May 15, 1992
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