Service Pack for Award-Winning Suite Delivers Key Enhancements to User Community

Ottawa, ON – June 24, 2008 –  Corel Corporation (NASDAQ: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, today introduced an update to the award-winning CorelDRAW® Graphics Suite X4. This service pack includes support for more than 25 new camera RAW formats, and addresses all of the major issues reported by the CorelDRAW Graphics Suite user community, providing an even more comprehensive solution to simplify the creative process and optimize the graphic design workflow.

“The CorelDRAW Graphics Suite team is in constant dialogue with our user community and we take their feedback into account each time we deliver an update or introduce a new product,” said Gérard Métrailler, Director of Product Management, Graphics for Corel. “With this service pack for CorelDRAW Graphics Suite X4, we have focused on addressing the major feedback provided by our users. We know our software plays a key role in their creative workflow and we believe this service pack will provide them with an even better user experience.”

The service pack will be available in English, French, German, Italian, Spanish, Brazilian Portuguese, Dutch, Swedish, Finnish, Polish, Czech, Hungarian and Russian. Forthcoming Asian language releases will include this update without users needing to apply the service pack.

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 remains the only professional-level graphics suite Certified for Windows Vista® and offering full support for Windows® XP.

“I’ve been working with the new CorelDRAW Graphics Suite X4 since its inception and this program rocks! ” said Bob Friedman, CEO of Pams Press Graphic Design. “Most importantly, this service pack has addressed the areas that were most important to my business workflow. It’s my pleasure to continue to work with Corel software because the company is always on top of its game in producing tomorrow’s technology today.”

Current CorelDRAW Graphics Suite X4 users will receive this service pack via an in-product auto-update or via download at www.corel.com. For more information on CorelDRAW Graphics Suite or to download a free, fully-featured trial, please visit www.corel.com/coreldraw. To learn more about the CorelDRAW user community, please visit www.CorelDRAW.com.

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®, Corel® Painter™, 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, Taiwan, China 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

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© 2008 Corel Corporation. All rights reserved. Corel, CorelDRAW, 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.