CorelDRAW® Graphics Suite X3 Receives Important Designation from Microsoft

Ottawa - January 26, 2007

Corel Corporation (NASDAQ:CREL; TSX:CRE) today announced that CorelDRAW® Graphics Suite X3 has been Certified for Windows Vista. Building on Corel's strong heritage of delivering industry-leading graphics power for the Windows platform, CorelDRAW Graphics Suite X3 will feature the Certified for Windows Vista logo.

Starting today, customers who wish to install the Certified for Windows Vista version of CorelDRAW Graphics Suite X3 can download the latest service pack (SP2) from www.corel.com. This new update delivers an exceptional experience for customers on Windows Vista including an updated user interface, enhanced security, improved text handling and further enhancements to the popular suite's renowned import and export file compatibility.

"CorelDRAW has always been recognized as a premier graphics application for Windows and enjoys a long-standing reputation for being on the forefront of supporting new Windows technologies. Customers considering Windows Vista need to know that the software tools they rely on every day will be able to take advantage of the extra power and great user experience this new operating system provides," said Nick Davies, Corel's general manager of graphics. "By choosing CorelDRAW Graphics Suite X3, users are guaranteed a smooth transition and exceptional compatibility whenever they are ready to make the move to this exciting new OS."

"Microsoft is pleased with the tremendous support Corel has shown for the launch of Windows Vista," said Brad Goldberg, general manager for Windows Client at Microsoft Corp. "CorelDRAW Graphics Suite X3, which is Certified for Windows Vista, is a welcome tool for our customers looking for a graphics suite. By working closely with industry leading ISVs such as Corel, we're pleased to offer our mutual customers seamless integration and a terrific user experience."

CorelDRAW Graphics Suite X3 is a full-featured graphics suite that includes CorelDRAW X3 for vector illustration and page layout, Corel PHOTO-PAINT® X3 for professional image editing, and the power of the new Corel PowerTRACE™ that enables the easy conversion of low-quality bitmap images into highly usable vector graphics. The suite simplifies the design process for projects of any scale, including logo creation, professional marketing brochures and eye-catching signs. Business users and design professionals alike choose CorelDRAW Graphics Suite X3 because it delivers a combination of superior design capabilities, speed, ease of use and affordability that's unmatched in the graphics software industry.

For more information about CorelDRAW Graphics Suite X3, or to download a full-featured trial version, please visit www.corel.com/cdgsx3.

About Corel Corporation
Corel is a leading global packaged software company with over 40 million users. The Company provides full-featured, easy-to-use productivity, graphics and digital imaging software and enjoys a favorable market position among consumers and small businesses. The Company's award-winning product portfolio features popular, globally recognized brands, including CorelDRAW® Graphics Suite, Corel® Paint Shop Pro®, Corel® Snapfire™, Corel® Painter™, Corel DESIGNER®, Corel® WordPerfect® Office, WinZip® and iGrafx®. With hundreds of industry awards for leadership in software innovation, design and value, Corel's products have built a loyal following of customers and partners around the globe. Corel's products are sold in over 75 countries through an international network of resellers and retailers, original equipment manufacturers (OEMs) and Corel's global websites.

Corel Corporation announced the completion of its acquisition of InterVideo, Inc., a leading provider of digital media authoring and playback software with a focus on high-definition video and DVD technologies, on December 12, 2006. In 2006, InterVideo acquired Ulead, a leading developer of video imaging and DVD authoring software for desktop, server, mobile and Internet platforms.