Corel Announces WinDVD(R) is the World’s First Blu-ray Disc Playback Software to Receive BD-Video Profile 1.1

Certification WinDVD(R) now supports BD-Video Profile 1.1 for high-definition, picture-in-picture playback on Blu-ray Discs.OTTAWA–(Business Wire)–Corel Corporation (NASDAQ:CREL) (TSX:CRE), a leading developer ofgraphics, productivity and digital media software, today announcedthat WinDVD(R) is the world’s first Blu-ray Disc playback software toreceive BD-Video Profile 1.1 certification. By receiving certification for BD-Video Profile 1.1, WinDVD haspassed the stringent standards and guidelines set by the Blu-ray DiscAssociation to ensure the best possible user experience. With BD-Video Profile 1.1 support, WinDVD users can now usepicture-in-picture functionality to playback a smaller high-definitionvideo in the corner of their screen while watching the high-definitionmovie on the background main screen. With this enhanced functionality,movie fans can now watch the director’s commentary as an overlay tothe action on screen.

“Corel is pleased to be the first DVD playback software vendor toreceive BD-Video 1.1 Certification,” said Jeff Hastings, President andGeneral Manager, Digital Media at Corel. “With the retail release ofProfile 1.1-enabled Blu-ray Discs early in 2008, WinDVD users will beable to enjoy the ultimate at-home movie viewing experience, watchingtheir favorite high-definition Blu-ray Disc movies, while enjoying thedirector’s commentary at the same time.” WinDVD with BD-Video Profile 1.1 support will be availablebeginning in early 2008. About Corel Corporation Corel is a leading developer of graphics, productivity and digitalmedia software with more than 100 million users worldwide. TheCompany’s product portfolio includes some of the world’s most popularand widely recognized software brands including CorelDRAW(R) GraphicsSuite, Corel(R) Paint Shop Pro(R) Photo, Corel(R) Painter(TM), CorelDESIGNER(R), Corel(R) WordPerfect(R) Office, WinZip(R) and iGrafx(R).In 2006, Corel acquired InterVideo, makers of WinDVD(R), and Ulead, aleading developer of video, imaging and DVD authoring software.Designed to help people become more productive and express theircreative potential, Corel’s software strives to set a higher standardfor value with full-featured products that are easier to learn anduse. The industry has responded with hundreds of awards recognizingCorel’s leadership in software innovation, design and value. Corel’s products are sold in more than 75 countries through awell-established network of international resellers, retailers,original equipment manufacturers, online providers and Corel’s globalwebsites. The Company’s headquarters are located in Ottawa, Canadawith major offices in the United States, United Kingdom, Germany,China, Taiwan and Japan. Corel’s stock is traded on the NASDAQ underthe symbol CREL and on the TSX under the symbol CRE.

(C) 2007 Corel Corporation. All rights reserved. Corel, CorelDRAW,Paint Shop Pro, Snapfire, Painter, Corel DESIGNER, WordPerfect,WinZip, iGrafx, InterVideo, WinDVD, DVD MovieFactory, Ulead and theCorel logo are trademarks or registered trademarks of CorelCorporation and/or its subsidiaries. All other product, font andcompany names and logos are trademarks or registered trademarks oftheir respective companies. CRELFCorel CorporationAmie Hoffner, 952-294-2350amiehoffner@corel.comorfama PRGreg Wind, 617-758-4173greg@famapr.comorInvestor Relations Contacts:The Blueshirt GroupTodd Friedman, 415-217-7722todd@blueshirtgroup.comorStacie Bosinoff, 415-217-7722stacie@blueshirtgroup.comCopyright Business Wire 2007