Corel Provides Support For ODF and OOXML In New Beta of WordPerfect(R) Office

OTTAWA--(BUSINESS WIRE)--Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced a new beta version of Corel® WordPerfect® Office that supports both the Open Document Format (ODF) and Microsoft® Office Open XML (OOXML), the default file format for Microsoft® Office 2007.

“A multi-format approach allows Corel to provide our customers with maximum compatibility and archival options, and harnesses our deep expertise in file formats to deliver flexible document solutions for our customers.”

The new beta will allow users to open, view and edit ODF and OOXML files and uniquely positions Corel as the industry’s format-neutral vendor of productivity software. The free beta will allow customers to test WordPerfect Office’s ODF and OOXML capabilities and evaluate which of these emerging standards best meets their needs.

“Open standards are increasingly important for our customers, especially in government,” said Nick Davies, Vice President and General Manager, Graphics and Productivity at Corel. “A multi-format approach allows Corel to provide our customers with maximum compatibility and archival options, and harnesses our deep expertise in file formats to deliver flexible document solutions for our customers.”

The introduction of ODF and OOXML support in the new WordPerfect Office XML Format Beta is the latest example of Corel’s long standing commitment to multi-format compatibility. In addition to ODF and OOXML, the Beta supports Microsoft Office binary formats, Adobe’s PDF, Corel’s own WordPerfect Office formats and over 60 others. It also includes an integrated XML Editor capable of creating custom XML publishing solutions.

Corel backs the multi-format support of WordPerfect Office with a full range of conversion and consulting services delivered through its Professional Services group. Information on the company’s free document conversion assessments are available online at www.wordperfect.com/conversion.

Known worldwide as a full-featured and value-priced alternative to Microsoft Office, WordPerfect Office works with screen-reading and other accessibility technologies called for under Section 508 of the United States Rehabilitation Act. Support for ODF combined with such accessibility capabilities positions WordPerfect Office to help foster ODF's broader adoption in public sector organizations, where accessibility is a key requirement.

To learn more about the Open Document Format, Microsoft Office Open XML and the new WordPerfect Office XML format beta, please visit www.wordperfect.com/open.

About Corel Corporation

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® and iGrafx®. In 2006, Corel acquired InterVideo, makers of WinDVD®, and Ulead, a leading developer of video, imaging and DVD authoring software. 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

© 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Corel 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.