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COREL REDUCES PRICE OF CORELDRAW FOR OS/2 TO US$199/CDN$249

 OTTAWA, Canada, May 18 /PRNewswire/ -- Following Corel Corporation's announcement of reduced pricing for its Windows(TM) product, the company announced today a comparable reduction for its OS/2(TM) product. CorelDRAW(TM) for 0S/2 now carries a suggested list price of US$199 and CDN$249, a significant price decrease from US$595 and CDN$695.
 "The trend in the software industry is to provide more product features and power at a lower price," said Dr. Michael Cowpland, president and CEO of Corel Corporation. "This price reduction presents a significant opportunity for OS/2 users who want the world's leading graphics software running on OS/2's 32-bit environment."
 CorelDRAW for OS/2 includes CorelDRAW, the 32-bit illustration module; CorelCHART, a data-driven charting module; and CorelPHOTO-PAINT, a paint and image-editing module. Also included is CorelTRACE, a utility that converts bitmapped images into vector art, CorelMOSAIC, a visual file manager, and WFNBoss, a font conversion utility. A CD-ROM disk provided with each package incudes over 12,000 clipart and symbol images and over 200 WFN and Type 1 fonts.
 As a true 32-bit application, CorelDRAW features up to 25 percent faster graphics calculations, loading, importing and exporting of files. Threading, a 32-bit OS/2 programming function, enables CorelDRAW for OS/2 to open, save, print, import and export files in the background without interrupting the user's current activities.
 Corel Corporation:
 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 90 international awards from major trade publications. With a network of more than 100 distributors in 60 countries worldwide, Corel is traded on The Toronto Stock Exchange under the symbol COS and the NASDAQ - National Market System under the symbol COSFF.
 Corel is a registered trademark of Corel Corporation. CorelDRAW and CorelSCSI are trademarks of Corel Corporation. Windows is a trademark of Microsoft Corporation. OS/2 is a registered trademark of IBM Corporation.
 -0- 5/18/93
 /CONTACT: Janie Sullivan, media relations assistant of Corel Systems, 613-728-8200, ext. 1672/


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

WB -- NY033 -- 9670 05/18/93 10:20 EDT
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Date:May 18, 1993
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