Corel Announces MediaOne(R) Plus

Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity, and digital media software, today announced the launch of Corel® MediaOne® Plus, the newest release from Corel’s expanded digital media portfolio. The best choice for point-and-shoot digital camera users who want to express their creativity as well as organize, edit and share their photos and video clips, Corel MediaOne Plus is the fast, fun and easy photo and video software. With easy-to-use tools for photo retouching, effortless organization, simple video editing and automatic online backup and sharing from Sharpcast™, Corel MediaOne Plus is the ideal software solution to enrich the way consumers live, work and play. Previously known as Corel® Snapfire™ Plus, Corel MediaOne Plus has been renamed and redesigned to reflect the growing consumer demand for multimedia-savvy software. The new features in Corel MediaOne Plus enable users to easily combine photos, video clips, transitions and music to create more engaging and entertaining photo and video projects including scrapbook pages and slide shows. With Corel MediaOne Plus, users can also easily share photos and video clips online or on CD/DVD, making it an ideal choice for today’s "memory keepers” who take pride in capturing life’s special memories and sharing them with family and friends. With the inclusion of Sharpcast, photos are safely preserved with automatic online backup, allowing users to spend less time worrying about the safety of their photos and spend more time being creative. "Our focus with Corel MediaOne Plus was to create a software package that would provide users with the perfect companion to their point-and-shoot digital camera,” said Denise MacDonell, Director of Product Management, Digital Media at Corel. "We worked closely with customers to create a fast, fun and easy-to-use photo and video software that encourages users to express their creativity while keeping their digital memories organized, safe and secure.” Two Versions: Corel MediaOne Plus and Corel MediaOne Starter Corel MediaOne is available in two versions: Corel MediaOne Plus provides users with the ability to edit photos and videos as well as create and print projects and slide shows. Corel MediaOne Plus also provides hundreds of photo and video templates including photo frames, picture tubes, photo embellishments and makeover tools that remove blemishes, whiten smiles, remove red eye and apply a suntan. Corel MediaOne Plus has a suggested retail price of $49.99 (US and Canada). Corel MediaOne Starter includes basic tools for editing photos as well as creating and sharing print projects and slide shows. Corel MediaOne Starter is free and includes a 30-day preview of the additional features available in Corel MediaOne Plus. Corel MediaOne Starter is available as a free download beginning today at www.corel.com/mediaone. New features in Corel MediaOne Plus include: Online Backup and Sharing with Sharpcast – Users no longer have to worry about preserving and sharing their favorite photos thanks to the inclusion of Sharpcast in Corel MediaOne Plus and Corel MediaOne Starter. New pictures are backed up automatically, preserving an unlimited number of precious photos for life. Users can backup full-resolution pictures for 30 days at which time images are resized to a maximum of 1600 x 1200 pixels, suitable for a 5 x 7 print. Customers who wish to maintain photos at their full resolution for longer periods of time can subscribe to a Sharpcast premium plan. Sharpcast also automatically creates a private online gallery of backed-up photos, which users can access securely from any web browser to share their photo collections with family and friends. Professionally-designed, Creative Templates – Corel MediaOne Plus includes hundreds of new creative backdrops, picture tubes, photo frames, designs and layouts, including professionally-designed templates from Sandra Magsamen (www.sandramagsamen.com) and Smilebox™ (www.smilebox.com). These additions give users even more opportunities to put their own personal touch on scrapbook pages and slide shows. Built-in DVD Authoring – Corel MediaOne Plus now records video clips and slide shows onto DVD, making it easy for users to entertain and impress their family and friends with videos and slide shows that can be watched on a TV or computer. Improved Video Editing – Editing video is quicker and easier than ever before with the improved editing tools found in Corel MediaOne Plus. Users can simply select the beginning and end of each video clip on a slide bar continuum, and playback the edited video to ensure it captures the perfect memory to share with family and friends. Faster Performance and a Simpler User Interface – In response to user feedback, Corel MediaOne Plus and Corel MediaOne Starter now feature an easier-to-use interface with clearly labeled tabs to help users quickly complete the most popular photo and video projects. Customers familiar with Corel Snapfire Plus will notice Corel MediaOne Plus and Corel MediaOne Starter have a significantly faster start-up time and cataloguing speed helping users to complete photo and video projects up to 50 percent faster. "Corel MediaOne Plus is a perfect software package for inspiring people and households to live artfully, said Sandra Magsamen, Author and Host of Living Artfully and Creator and Founder of Messages from the Heart. "More and more people are expressing their creativity and sharing what matters most to them through photos and videos. Corel’s approach with MediaOne Plus is to provide the tools and learning while giving users the ability to put their own personal stamp on each project that they can then share with their family and friends.” Pricing and Availability Corel MediaOne Plus is available beginning today at a suggested retail price of $49.99 (US and Canada) SRP. Corel MediaOne Plus may be purchased at designated retailers and resellers nationwide or from Corel’s website at www.corel.com/mediaone. Corel MediaOne Starter is also available beginning today as a free download at www.corel.com/mediaone. 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® Photo, 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. ©2007 Corel Corporation. All rights reserved. Corel, Corel DESIGNER, CorelDRAW, MediaOne, Paint Shop Pro, Painter, Snapfire, 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.