Corel® Painter™ Wins 2007 Hot One Award from Professional Photographer Magazine


Ottawa, Canada - January 17, 2007

Corel Corporation (NASDAQ:CREL; TSX:CRE) today announced that Corel® Painter™ IX.5 has been recognized with a 2007 Hot One Award from Professional Photographer magazine. The Professional Photographer 2007 Hot One Awards honor the photography industry's best new products for professional application. Corel Painter has once again won the painting software award category.

"The Painter team is absolutely thrilled to receive this prestigious Hot One Award. This signals Corel Painter's continued leadership in the painting software category and our commitment to delivering best-in-class tools to our customers. No other application replicates the look and feel of traditional artists' media like Corel Painter!" said Rick Champagne, Product Manager for Corel Painter.

Complete with the new Photo-Painting Palettes that make it easier than ever to transform photographs into paintings, Corel Painter IX.5 is an ideal tool for photographers who wish to generate additional revenue by creating hand-crafted paintings from their photographs. Adding to the industry-leading power of Corel Painter IX, the Corel Painter IX.5 update also provides support for Rosetta® on the Mac®, along with a host of new tools and features to make customers more productive. Corel Painter IX.5 is available now as a free download to registered Painter IX customers and can be purchased directly from www.corel.com.

"The 2007 Hot One Award winners represent an interesting combination of advanced technology and superior usability. Looking over the winning products, we noticed a concerted effort by manufacturers to create high-tech, high-quality items that have the working habits of contemporary professional photographers in mind," explained Jeff Kent, Hot One Editor, Professional Photographer magazine. "Our team of judges chose this year's crop of winners based on quality, usability, innovation and, in many cases, value for price. These judges are all working professional photographers, and their endorsement of these products indicates that the items work not only on the conceptual level, but on the practical level as well. The 2007 Hot One Award winners can be proud to call themselves the best the business has to offer."

This latest honor adds to the extensive list of Corel Painter IX and Corel Painter IX.5 industry awards that include two PC World World Class Awards and Editors' Choice awards from PC Magazine, CNET® and MacAddict.

For more information about the Hot One Awards, please refer to the February issue of Professional Photographer or visit the magazine's Web site at www.ppmag.com.

A free update for registered Corel Painter IX customers, Corel Painter IX.5 is available at the US suggested retail price of $429 for the full version, $229 for the upgrade version and $99 for the education edition. To download a free, full-featured trial version of Corel Painter IX.5, please visit www.corel.com/painter.

About Corel Corporation
Corel® is a leading global packaged software company with over 40 million users. The Company provides full-featured, easy-to-use productivity, graphics and digital imaging software and enjoys a favorable market position among consumers and small businesses. The Company's award-winning product portfolio features popular, globally recognized brands, including CorelDRAW® Graphics Suite, Corel® Paint Shop Pro®, Corel® Snapfire™, Corel® Painter™, Corel DESIGNER®, Corel® WordPerfect® Office, WinZip® and iGrafx®. With hundreds of industry awards for leadership in software innovation, design and value, Corel's products have built a loyal following of customers and partners around the globe. Corel's products are sold in over 75 countries through an international network of resellers and retailers, original equipment manufacturers (OEMs) and Corel's global websites.

Corel Corporation announced the completion of its acquisition of InterVideo, Inc., a leading provider of digital media authoring and playback software with a focus on high-definition video and DVD technologies, on December 12, 2006. In 2006, InterVideo® acquired Ulead®, a leading developer of video imaging and DVD authoring software for desktop, server, mobile and Internet platforms.

© 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Snapfire, Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, InterVideo, 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 is one of the world's top software companies with more than 100 million active users in over 75 countries. Our products provide consumers and businesses with the easy-to-use and powerful software tools they need to improve their productivity and enhance their lifestyles. We produce Digital Studio multimedia software, VideoStudio video editing and movie making software, PaintShop photo-editing program, CorelDRAW Graphics Suite graphic design software, the WordPerfect Office productivity software line, WinDVD DVD player software, and the WinZip line of file compression software products. All of our products are available for a free trial software download.