FOR IMMEDIATE RELEASE
Dec. 4, 2007

Corel Partners with ConceptShare to Deliver New Online Collaboration Tool

Corel Partners with ConceptShare to Deliver New Online Collaboration Tool

New Site Enables CorelDRAW® Users to Share Designs Online, Improving Collaboration with Clients and Colleagues

Ottawa, Canada ­-­ Corel Corporation (NASDAQ:CREL; TSX:CRE), a leading developer of graphics, productivity and digital media software, announced that it has partnered with ConceptShare Inc., an emerging leader in online collaboration. www.CorelDRAWConceptShare.com, launched today, will be the first project in a five year partnership between the two companies. This new online tool enables designers to easily share their work with other designers, colleagues or clients, providing a more dynamic and collaborative experience, while accelerating the design process.

CorelDRAWConceptShare.com helps designers and clients by making it easier to review concepts, make adjustments and complete projects faster. By moving consultations online, CorelDRAWConceptShare.com also saves time and money by eliminating the need to travel for face-to-face meetings. In addition, discussions about visual concepts are centralized, improving information flow and the speed of decision making between designers and their key stakeholders.

“CorelDRAW® has long been recognized as a premier graphics application that delivers the features and functionality our users need to be more productive in their day-to-day activities,” said Gerard Metrailler, Director of Product Management, Graphics for Corel. “We understand the time many users spend trying to collaborate on designs and feel that partnering with ConceptShare, an emerging leader in the online collaboration space, provides our users with the ability to get the feedback they need on all of their designs in an efficient and meaningful way.”

"We are enthusiastic about our partnership with Corel. The CorelDRAW version of ConceptShare™ provides us immediate exposure to millions of CorelDRAW users worldwide and will help to accelerate our growth into international markets,” said Bernie Aho, Product Manager and Co-Founder, ConceptShare. “This strategic partnership demonstrates a new model for relationships between web application providers and desktop software companies.”

To find out more about this new online tool, please visit www.coreldrawconceptshare.com. For more information about CorelDRAW Graphics Suite X3, please visit www.corel.com/cdgsx3. For more information about ConceptShare, please visit www.conceptshare.com.

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.

About ConceptShare Inc.
ConceptShare is a world leader in online design collaboration founded in 2006 in Sudbury, Ontario, Canada by a team of designers and industry professionals that understood the pains of the design collaboration process. The company has developed a web application that allows users to easily share, discuss and mark-up designs for review over the web.

Avenue A | Razorfish, QUALCOMM, AOL, Monster.com, the National Football League, the New York Knicks and Harvard University are among those on ConceptShare's growing client list of international marketing agencies, professional sports teams and leagues, large retailers, and internet and software companies.

© 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Painter, Corel DESIGNER, WordPerfect, PHOTO-PAINT, PowerTRACE, WinZip, iGrafx, InterVideo, VideoStudio, WinDVD, Ulead and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product, font and company names and logos are trademarks or registered trademarks of their respective companies.

Corel Corporation
1600 Carling Avenue
Ottawa, ON K1Z 8R7
Phone: 613.728.0826
E-Mail: kelly.manuel@corel.com
Website URL: www.corel.com