Corel Announces Ulead®-Brand VideoStudio® 10 Vista Update Pack

Business Wire, Jan 4, 2007

Free Download Adds Certified Compatibility With Latest Microsoft[R] OS

OTTAWA -- Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading provider of digital media software, today announced that users of its Ulead[R] VideoStudio[R] 10 can now install a free update pack to make the software compatible with Windows Vista[TM]. Available immediately, the update pack installs in current versions of VideoStudio 10 and VideoStudio 10 Plus and confers "Works with Windows Vista" compatibility to the award-winning video editing software.

"VideoStudio excels as an easy-to-use creative tool for anyone who wants to share their personal videos with friends and family. Its' intuitive, guided workflow ties in perfectly with the new, friendly experience promised by Windows Vista," said Blaine Mathieu, General Manager of Corel's Digital Media business. "With "Works with Windows Vista" compatibility now ready, VideoStudio customers can look forward to a continuing superior experience as they migrate to Microsoft's exciting new release."

For consumers who upgrade to the latest OS from Microsoft[R], or who buy new PCs with Vista pre-installed, a simple update is all that's needed to continue to use their current version of VideoStudio with Windows Vista. The VideoStudio Vista Update Pack is available for English, German, French, Japanese and Traditional Chinese versions of VideoStudio 10. Registered users can download the update pack free of charge from any of Ulead's Websites. A single pack updates all languages.

The update can be downloaded from http://www.ulead.com/tech/vs/vs_ftp.htm. For more information on Ulead's support for Vista, please visit http://www.ulead.com/spotlight/vista/runme.htm.> About Corel's Ulead[R]-brand VideoStudio[R]

VideoStudio 10 Plus is consumer video editing and DVD authoring software that lets anyone do more with video. Choose from a complete array of easy-to-use tools to edit video and author discs. Or use wizards to create exciting videos and slideshows automatically. Share movies everywhere, from iPods to the latest high-definition home theater systems.

VideoStudio 10 Plus is available in box and electronic versions in retail stores and at www.ulead.com.

About Corel Corporation

Corel[R] 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[R] Graphics Suite, Corel[R] Paint Shop Pro[R], Corel[R] Snapfire[TM], Corel[R] Painter[TM], Corel DESIGNER[R], Corel[R] WordPerfect[R] Office, WinZip[R] and iGrafx[R]. 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[R] acquired Ulead, a leading developer of video imaging and DVD authoring software for desktop, server, mobile and Internet platforms.

[c] 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Snapfire, Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, InterVideo, Ulead, VideoStudio[R] and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other trademarks are the property of their respective holders.