Corel and Mattel Sign Graphics Deal: GraphicCorp, a division of Corel, will provide Mattel's Broderbund unit with the online rights to over 1,000,000 images

Business Wire, June 28, 1999

OTTAWA--(BUSINESS WIRE)--June 28, 1999--

Corel Corporation (Nasdaq:CORL) (TSE:COR) and the Broderbund unit of The Learning Company, a division of Mattel, Inc. (NYSE:MAT), have signed a strategic licensing agreement in which Corel, through its GraphicCorp division, will provide Broderbund with the online rights to over 1,000,000 clipart, photo and Web images.

"This is the perfect example of the type of business relationship we had in mind when we acquired GraphicCorp back in April," said Carey Stanton, executive vice president of business development at Corel. "With the GraphicCorp acquisition, Corel became the leading supplier of clipart, photographs and Web images to software publishers and hardware manufacturers. We are pleased to be licensing this content to Broderbund."

GraphicCorp works with over 100 graphic designers around the world, and these relationships enable GraphicCorp to continually update and add new content to its collection.

"We are delighted to have reached an agreement with Corel to license these images," said Gordon Landies, general manager for the Broderbund unit of The Learning Company. "The addition of Corel's content to our vast library of images further strengthens our position as the leading provider of print creativity products."

Along with superior images, GraphicCorp offers a private-label Web site that allows companies to supply digital content to their customers. GraphicCorp currently has over two million clipart images, photographs, Web images, Web animations and downloadable applications in its collection and is acknowledged in the industry as the world's leading supplier of such digital content to software publishers and hardware manufacturers.

The GraphicCorp collection, together with Corel's vast collection of clipart and electronic images, puts Corel firmly in the top tier of digital content suppliers. Images from both collections can be found in Corel products and will be available at clipartcity.com July 9th.

Corel Corporation

Corel Corporation is an internationally recognized developer of award-winning graphics and business productivity applications. Development of market-leading products such as the CorelDRAW(r) line of graphics applications and the Corel(r) WordPerfect(r) Suite of business tools is continually evolving to meet the demands of the corporate, retail and academic markets. Committed to performance, compatibility, value and open standards, Corel develops products for the Windows(r), Macintosh(r), UNIX(r), Linux(r) and Java(tm) platforms. Corel's common stock trades on The NASDAQ Stock Market(sm) under the symbol CORL and on the Toronto Stock Exchange under the symbol COR. For more information visit Corel's Web site at www.corel.com or GraphicCorp's Web site at www.graphiccorp.com.

About Broderbund

The Broderbund unit of The Learning Company, a division of Mattel (NYSE:MAT) is one of the country's leading developers of consumer software for the entire family. The company publishes some of the best-known education, reference, personal productivity, and family entertainment brands in the U.S., including American Greetings, National Geographic, The Print Shop, PrintMaster, Cosmopolitan Virtual Makeover, Mavis Beacon, Reader Rabbit, The Oregon Trail, Sesame Street, Carmen Sandiego, and Myst. The company's products are sold in more than 23,000 retail stores in North America and through multiple distribution channels including school sales, online, direct marketing, and OEM. Mattel also develops, publishes, and distributes products internationally through subsidiaries in France, Germany, the United Kingdom, Holland, Japan, and Australia, and with distributors throughout Europe, Latin America, and the Pacific Rim. The Web site is located at www.broderbund.com

Mattel is a registered trademark of Mattel, Inc. Corel, WordPerfect, CorelDRAW and the Go Further logo are trademarks or registered trademarks of Corel Corporation or Corel Corporation Limited. Linux is a registered trademark of Linus Torvalds. UNIX is a registered trademark of The Open Group. All other product names are trademarks of their respective companies. All other brands and products referenced herein are the trademarks or registered trademarks of their respective holders.