Canon Inc. Selects Corel's Ulead® Photo Express® LE to Bundle with its SELPHY ES2 Compact Photo Printer

Business Wire, March 4, 2008

Corel's Ulead[R] Photo Express[R] LE is now bundled with the SELPHY ES2 Compact Photo Printer from Canon Inc. to easily organize and edit digital photos, create fun photo projects and print photos and projects to share with family and friends.

OTTAWA -- Corel Corporation (NASDAQ:CREL) (TSX: CRE), a leading developer of graphics, productivity and digital media software, today announced that Ulead[R] Photo Express[R] LE is bundled with the SELPHY ES2 Compact Photo Printer from Canon Inc.

With Corel's award-winning Ulead Photo Express LE, SELPHY ES2 Compact Photo Printer users can organize multimedia files, edit photos, add eye-catching special effects and create fun photo projects. Users can then easily print their enhanced photos and created projects with the SELPHY ES2 Compact Photo Printer to share with family and friends.

"We are pleased Canon continues to select Corel products to bundle with its digital media hardware providing advanced, easy-to-use solutions to its customers," said Jeff Hastings, President and General Manager, Digital Media at Corel. "Bundling Corel's Ulead Photo Express LE with the SELPHY ES2 Compact Photo Printer provides the family memory keeper an all-in-one solution for editing digital photos, creating fun photo projects and easily printing them in a few simple steps."

The SELPHY ES2 Compact Photo Printer by Canon is available now in the United States, Canada, Europe and Japan.

About Corel's Ulead Photo Express LE

Corel's Ulead Photo Express LE is consumer photo creativity software that makes it easy to edit and share digital photos and create fun photo projects. Users can edit photos, add eye-catching special effects and create photo projects to share with family and friends.

About the SELPHY ES2 Compact Photo Printer

The SELPHY ES2 Compact Photo Printer gives digital photographers and scrapbookers more creative options for printing their photographs with an easy-to-use operation panel, a three-inch LCD monitor and multiple creative options for photos, including frames, clip art and image effects. The Easy-Photo Pack cartridge, ink and paper come together in one integrated system, making the SELPHY ES2 Compact Photo Printer easy to operate and convenient. Further, it offers the same great compact, stylish package that SELPHY printer users appreciate, while enabling consumers to create amazing prints without a computer.

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[R] Graphics Suite, Corel[R] Paint Shop Pro[R] Photo, Corel[R] Painter[TM], Corel DESIGNER[R], Corel[R] WordPerfect[R] Office, WinZip[R], WinDVD[R] and iGrafx[R]. 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.

(c)2008 Corel Corporation. All rights reserved. Corel, Corel DESIGNER, CorelDRAW, Paint Shop Pro, Painter, Photo Express, WinDVD, iGrafx, InterVideo, Ulead, WordPerfect, WinDVD, WinZip 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.

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