Corel Painter Essentials 3 Now Bundled with Bamboo Fun

Corel® Painter™ Essentials 3 Now Bundled with Bamboo™ Fun, A New Consumer Pen Tablet From Wacom®

Corel Corporation (NASDAQ: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, today announced that it has partnered with Wacom to offer an exciting new bundle for budding artists and photo enthusiasts. This partnership will see Corel’s easy-to-use consumer digital painting software, Corel® Painter™ Essentials 3, bundled with every unit of the new Wacom® Bamboo™ Fun pen tablet shipped in North America.

Ideal for digital photographers, aspiring artists, arts and crafters, students and teachers, Corel Painter Essentials 3 lets users effortlessly create handmade digital art that is perfect for framing, making unique craft projects, incorporating into scrapbooks, or simply creating one-of-a-kind art to share with family and friends.

“Bamboo Fun provides the tools needed to have fun editing digital photos and exploring creativity with pen-based technology,” said Michael Marcum, Director of Product Management for Wacom Technology, Corp. “The natural feel of Bamboo Fun’s pen, combined with the intuitive nature of Corel Painter Essentials 3, makes creating great-looking artwork easy and fun.”

“We are proud to be part of Wacom’s new product release and are excited by the new creative opportunities that the new Bamboo Fun Pen Tablet provides to budding artists,” said Robert MacDonald, Product Manager, Corel Painter. “With Corel Painter Essentials 3, it’s easy for Bamboo Fun pen tablet users to discover new levels of creativity, transforming favorite photos into paintings, or creating original artwork from scratch.”

Based on the award-winning Corel Painter, Corel Painter Essentials 3 features a dynamic painting system that makes it easy to transform photos into stunning paintings, using a wide selection of paints, brushes and pencils that look and feel like their traditional counterparts. Corel Painter Essentials 3 also includes helpful training resources to get people started quickly.

For more information on Corel Painter Essentials 3, please visit www.corel.com/painteressentials. For more information on the Bamboo Fun pen tablet, please visit www.wacom.com/bambootablet/bamboofun.cfm.

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® 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. www.corel.com.

© 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW, 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.

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