FOR IMMEDIATE RELEASE
February 12, 2008

CorelDRAW® Graphics Suite X4 Now Shipping Worldwide - Award-Winning Suite Now Available in English, French, German, Italian, Dutch, Spanish and Brazil

Ottawa, ON - Corel Corporation (NASDAQ: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, today announced that its award-winning graphics suite, CorelDRAW® Graphics Suite X4, is now shipping. The latest version of the suite is immediately available for purchase around the world in English, French, German, Italian, Dutch, Spanish and Brazilian Portuguese.

A comprehensive suite of intuitive page-layout, illustration, photo-editing, and bitmap-to-vector tracing applications, CorelDRAW Graphics Suite includes new features designed to fuel the creative process, simplify project management and optimize the graphic design workflow. Additionally, it is fully integrated with Bitstream's WhatTheFont(TM) service and CorelDRAW®ConceptShare(TM), two leading web applications that accelerate the design process by providing users with easy online access to font identification and client feedback. In addition, CorelDRAW Graphics Suite remains the only professional-level graphics suite Certified for Windows Vista® and offering full support for Windows® XP. The latest version of the suite continues to offer the industry's best combination of usability, performance and price.

"Our goal with CorelDRAW Graphics Suite X4 was to deliver a superior user experience through improved usability, enhanced interactivity and a streamlined workflow,” said Gérard Métrailler, Director, Product Management, Graphics at Corel. "Since we first announced the new suite last month, we have received an overwhelmingly positive reaction from users and we look forward to the international response now that the suite is widely available.”

CorelDRAW Graphics Suite X4 provides users with the tools, resources and confidence to tackle a wide variety of projects - from logos and Web graphics, to multipage brochures, to high impact signage and digital displays. The trusted choice of millions of professional and aspiring designers worldwide, CorelDRAW Graphics Suite X4 is currently available as a full version and upgrade.

For more information on CorelDRAW Graphics Suite X4 or to download a full-featured, free trial version, please visit www.corel.com/coreldraw

About Corel
Corel is a leading developer of graphics, productivity and digital media software with more than 100 million users worldwide. The Company's product portfolio includes some of the world's most popular and widely recognized software brands including CorelDRAW® Graphics Suite, Corel® Paint Shop Pro® Photo, Corel® Painter(TM), Corel DESIGNER®, Corel® WordPerfect® Office, WinZip®, WinDVD® and iGrafx®. Designed to help people become more productive and express their creative potential, Corel's software strives to set a higher standard for value with full-featured products that are easier to learn and use. The industry has responded with hundreds of awards recognizing Corel's leadership in software innovation, design and value.

Corel's products are sold in more than 75 countries through a well-established network of international resellers, retailers, original equipment manufacturers, online providers and Corel's global websites. The Company's headquarters are located in Ottawa, Canada with major offices in the United States, United Kingdom, Germany, China, Taiwan, and Japan. Corel's stock is traded on the NASDAQ under the symbol CREL and on the TSX under the symbol CRE. www.corel.com

© 2008 Corel Corporation. All rights reserved. Corel, CorelDRAW, Corel PHOTO-PAINT, PowerTRACE, Corel CAPTURE, Paint Shop Pro, Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, InterVideo, WinDVD, Ulead, and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product names and any registered and unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners.

Corel Coporation
Ottawa, Ontario Canada
Phone: 613-728-0826
E-Mail: kelly.manuel@corel.com
Website URL: www.corel.com