Corel Press Release

Corel Spreads Good Cheer with New Holiday Promotions-Seasonal Bundles Combine Industry’s Best Software, Hardware and Training Resources

OTTAWA—(BUSINESS WIRE)—Dec. 6, 2004—Just in time for the holidays, Corel today announced a series of exciting new promotions giving customers access to some of the industry’s best software, hardware and training resources, free of charge(i). Working closely with its partners, Corel has assembled a collection of special offers that provide exceptional variety, value and choice to holiday shoppers:

Print Holiday Photos Instantly with Free Lexmark Color Jetprinter(TM)
Beginning today and for a limited time this holiday season, customers who purchase either CorelDRAW(R) Graphics Suite 12 or WordPerfect(R) Office 12 will be eligible to receive a free Lexmark Z715 Color Jetprinter, the ideal companion for fast, easy, and professional quality printing of business reports, school projects or favorite holiday photos. To receive their free Lexmark Color Jetprinter, customers must complete and submit the mail-in rebate available at participating Corel retailers. Some participating retailers include CompUSA, PC Mall, Office Depot and Future Shop. This offer runs until January 31, 2005 or while quantities last.

Master WordPerfect Office with Free Absolute Beginner’s Guide
Customers who purchase either WordPerfect Office 12 Student and Teacher Edition or the recently released WordPerfect Office 12 Home Edition, featuring Encyclopedia Britannica(R) Ready Reference(TM) 2005, will be eligible to receive a free copy of The Absolute Beginner’s Guide to WordPerfect 12, from Que Publishing. Providing tips and tricks for both new and more experienced users, the Absolute Beginner’s Guide provides step-by-step instructions to help users get up and running quickly with their new office suite. To receive their free copy of the Absolute Beginner’s Guide to WordPerfect 12, customers must complete and submit the mail-in rebate available from participating Corel retailers. This offer runs until January 31, 2005 or while quantities last.

Organize, Edit & Enhance Holiday Photos with Free Paint Shop(TM) Xtras(TM)
Digital cameras are sure to be a hot ticket this holiday season, and the Paint Shop(TM) family of products, including Paint Shop(TM)Pro(R), Paint Shop(TM)Pro(R) Studio and Paint Shop(TM)Photo Album(TM), are the perfect software companions helping users to easily organize, edit, enhance and share their digital holiday photos. Recently acquired by Corel, the Paint Shop family provides a range of affordable and easy-to-use software for those who are brand new to digital photography as well as for more experienced users.

As part of Corel’s holiday campaign, customers who purchase any Paint Shop photo software will receive a free Paint Shop(TM) Xtras(TM) photo collection, when they purchase online at www.corel.com/paintshopholidays . Each Paint Shop Xtras collection includes an impressive array of artistic resources and unique templates, textures, and masks that can be used to create photo albums, hardcover books, scrapbook layouts, or creative collages. This offer is available until December 31, 2004 or while supplies last.

“The holidays are a terrific time to thank our customers with special offers that give them access to exceptional variety and value,” said Brett Denly, Executive Vice President, Worldwide Marketing at Corel. “It’s also an ideal time for us to entice new users who have yet to experience the impressive feature set, remarkable performance, and ease-of- use offered by Corel’s award-winning graphics, office productivity , digital photography and image-editing software. Working closely with our partners, we’re providing creative options that make holiday shopping a pleasure for customers.”

Corel is in the middle of an impressive business turnaround, restoring growth to all of its major product lines and achieving record levels of profitability. With the acquisition of Jasc Software and its Paint Shop family of products, the company is well positioned to expand its market share in the rapidly growing digital photography and imaging markets.

“We’re happy to see the turnaround that Corel has experienced over the past year and we’re excited by the additional opportunities that lie ahead with their recent acquisition of the Paint Shop family,” said Gertrud Pillay, Director for Category Marketing at PC Mall. “Once again, by thinking of its customers and working closely with its partners, Corel has put together some very compelling holiday promotions. We’re gearing up for what promises to be a busy and successful season working with Corel to deliver its world -class software along with the high quality hardware and training resources that our customers demand.”

Pricing and Availability
CorelDRAW Graphics Suite 12 is available for a suggested retail price of $399 US/$529 CAD (Full) or $179 US/ $249 CAD (Upgrade). WordPerfect Office 12 is available for a suggested retail price of $299 US/$399 CAD (Full) or $149 US/$199 CAD (Upgrade), WordPerfect Office 12 Student and Teacher Edition is available for a suggested retail price of $99 US/$129 CAD and WordPerfect Office 12 Home Edition is available for a suggested retail price of $89 US/$119 CAD. Paint Shop Photo Album is available for a suggested retail price of $49 US/CAD, Paint Shop Pro Studio is available for a suggested retail price of $79 US/CAD and Paint Shop Pro 9 is available for a suggested retail price of $129 US/CAD. Dealers may sell for less.

For more information on Corel’s full product portfolio or for details on additional holiday promotions, please visit www.corel.com or contact your local Corel retailer or reseller: www.corel.com/ Customers interested in trying Corel’s software are encouraged to access the free trial versions available from the company’s website.

(i) Certain terms and conditions apply. For a complete listing of these terms and conditions, please consult the mail-in rebates provided by participating retailers. Unless otherwise indicated, all postage, shipping and handling charges are the responsibility of the purchaser.

About Corel
Corel Corporation provides innovative software solutions that help millions of value-conscious businesses and consumers in over 75 countries improve their productivity. The Company is renowned for its powerful software portfolio that combines innovative photo editing and graphics creation, vector-illustration and technical-graphics applications along with office and personal productivity solutions. Corel’s flagship products include the CorelDRAW(R) Graphics Suite, the WordPerfect(R) Office Suite, the Corel Painter Natural-Media(R) painting and illustration software and the Paint Shop Family of digital photography and image-editing software.

Corel was acquired by San Francisco-based Vector Capital in August 2003, and since that time, has achieved record levels of profitability and growth across all product lines. Founded in 1985, Corel is headquartered in Ottawa, Canada. For more information, please visit www.corel.com.

2004 Corel Corporation. All rights reserved. Corel, WordPerfect, CorelDRAW, Painter, Natural-Media and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. Paint Shop Pro, Paint Shop Pro Studio and Paint Shop Photo Album are trademarks or registered trademarks of Jasc Software, Inc.