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COREL ESTABLISHES INTERNATIONAL HEADQUARTERS IN DUBLIN

 OTTAWA, June 11 /PRNewswire/ -- Corel Corporation (NASDAQ-NMS: COSFF) today announced plans to establish its international headquarters in Dublin, Ireland. Effective immediately, Corel's new Irish subsidiary will allow the company to strengthen its presence in its rapidly growing European marketplace.
 "As a corporation with significant and increasing growth from nondomestic sources, we believe it is important for our company to be situated closer to our international customers," said Dr. Michael Cowpland, president and CEO of Corel Corporation. "Our new location will allow us to provide more effective service and support to our existing customers, and explore new, untapped opportunities in the marketplace."
 "Corel's new international headquarters in Dublin is a major addition to the software sector in Ireland," said Mr. Keiran McGowan, managing director for IDA (Industrial Development Authority). "We are confident that Ireland's sophisticated software infrastructure will support the company's plans for international expansion."
 Corel's decision to establish operations in Dublin will result in the creation of at least 40 specialized positions within the subsidiary, over the next four years. This project is a significant development in line with IDA Ireland's strategy to attract major companies in the software industry. Corel is the first Canadian software company to locate in Ireland.
 Incorporated in 1985, Corel Corporation is recognized internationally as an award-winning developer and marketer of PC graphics and SCSI (Small Computer Systems Interface) software. CorelDRAW(TM), Corel's industry-leading graphics software is available in 14 languages and has to date won over 100 international awards from major trade publications. Corel ships its products through a network of more than 100 distributors in 60 countries worldwide. Corel is traded on The Toronto Stock Exchange (symbol: COS) and the NASDAQ - National Market System (symbol: COSFF).
 Corel is a registered trademark of Corel Corporation.
 CorelDRAW and CorelSCSI are trademarks of Corel Corporation.
 -0- 6/11/93
 /CONTACT: John Hladkowicz of Corel Corporation, 613-728-0826 ext. 1194/
 (COSFF)


CO: Corel Corporation ST: Ontario IN: CPR SU:

TS -- NY012 -- 0947 06/11/93 08:37 EST
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Publication:PR Newswire
Date:Jun 11, 1993
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