FOR IMMEDIATE RELEASE
Jan. 14, 2008

CorelDRAW® Graphics Suite to be Installed on School Desktops Across Russia

Ottawa, ON - Corel Corporation (NASDAQ: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, today announced that its award-winning graphics suite, CorelDRAW® Graphics Suite, will be installed on all primary and secondary school desktops in Russia, a key emerging economy Corel has targeted for growth. Under the terms of the licensing agreement, the Russian Federal Agency of Education will receive one million licenses of CorelDRAW Graphics Suite, which will be deployed as part of the National State Project of Software Legalization.

CorelDRAW Graphics Suite was chosen by the Russian Federal Agency of Education due to its popularity in Russian schools. The software also enjoys a large following in the Russian market at large, and with administrators in both the Russian Federal Agency of Education and in Russian schools.

“We are pleased and proud to be able to provide Russian students and teachers with CorelDRAW Graphics Suite as an integral creative tool in their curriculum,” said Nick Davies, Vice President and General Manager, Graphics and Productivity at Corel. “With this agreement, Corel is further expanding the global reach of its flagship graphics suite and providing students with essential skills that will enhance their ability to communicate in an increasingly visual world.”

Known for being easy to use and learn, CorelDRAW Graphics Suite helps students and teachers to transform their ideas into professional-looking results. With enhanced illustration, page layout, photo editing, and bitmap-to-vector tracing, the suite delivers a combination of superior design capabilities, unparalleled ease-of-use and affordability that is unmatched by any other graphics suite.

"Corel is making it easy for Russian students to gain confidence in their graphic design capabilities with a program that is both powerful and easy-to-use," said Felix Muchnik, General Director of Softkey, one Russia's leading software resellers. "With this agreement, Corel is providing Russian students with the tools and skills they will need to succeed both in school and in their careers."

Softkey will work with the Russian Federal Agency of Education to deploy licenses of CorelDRAW Graphics Suite in schools across Russia beginning in January 2008. Participating schools will also have access to Corel Paint Shop Pro® XI for editing digital photos and Corel Painter™ Essentials 3, which students can use to transform their favorite photos into painted canvases.

For more information about CorelDRAW Graphics Suite or to download a full-featured, free trial version, please visit www.corel.com/coreldraw.

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® Photo, 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, 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

© 2008 Corel Corporation. All rights reserved. Corel, CorelDRAW, PHOTO-PAINT, PowerTRACE, CAPTURE, 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.

Corel Corporation
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