Mansfield, Conn. and Ottawa - August 1, 2006
WinZip Computing, now part of Corel Corporation (NASDAQ:CREL - News; TSX:CRE - News), announced today that WinZip 10.0 won the 2006 Shareware Industry Award (SIA) for Best Overall Utility.

"We are very honored to receive this award," says Edwin Siebesma, president of WinZip Computing. "Our small team of developers takes a lot of pride in our product, and they work very hard to create features that will help make our users' lives just a little bit easier. And, as we become part of a larger organization, it's nice to know that the shareware industry recognizes the fact that WinZip® remains loyal to its shareware roots."

WinZip® is a powerful and easy-to-use compression utility that quickly zips and unzips your files to conserve disk space and greatly reduce email transmission time. The most recent version, WinZip 10.0, introduces Standard and Pro feature sets for the first time ever. WinZip 10.0 Standard offers powerful new compression technology that creates even smaller Zip files. And the new Explorer-style view makes it easier to work with complex, multi-folder Zip files.

WinZip 10.0 Pro adds the WinZip® Job Wizard, a powerful tool that offers predefined data backup jobs, the ability to customize and schedule zipping tasks, and FTP-upload functionality. WinZip 10.0 Pro also offers the ability to zip and burn directly to CDs/DVDs.

WinZip Computing offers WinZip 10.0 Standard for $29.95 and WinZip 10.0 Pro for $49.95. To download a free, fully functional 45-day evaluation version of WinZip 10.0 Pro, please visit www.winzip.com.

About WinZip Computing
Founded in 1991, WinZip Computing is located in Mansfield, Conn. and was recently acquired by Corel Corporation. WinZip Computing offers the world's most popular Zip utility for Windows, WinZip®, along with WinZip Self-Extractor and WinZip Companion for Outlook. Find download links and more detailed product information on the WinZip® web site at www.winzip.com.

About Corel Corporation
Corel is a leading global packaged software company with an estimated installed base of over 40 million users. The Company provides high quality, affordable and easy-to-use productivity, graphics and digital imaging software and enjoys a favorable market position among value-conscious consumers and small businesses. Its products are sold in over 75 countries through a scalable distribution platform comprised of original equipment manufacturers (OEMs), Corel's domestic and international websites, and a global network of resellers and retailers. The Company's product portfolio features well-established, globally recognized brands including CorelDRAW® Graphics Suite, Corel® WordPerfect® Office, WinZip®, Corel® Paint Shop Pro®, and Corel Painter™.

© 2006 Corel Corporation. All rights reserved. Corel®, CorelDRAW®, WordPerfect, WinZip®, Paint Shop Pro®, Corel Painter™, 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.