Fremont, CA - December 18, 2006 - Corel Corporation (NASDAQ:CREL; TSX:CRE) and its subsidiary Ulead®, industry leaders in video, image and DVD software, today announced that Ulead® VideoStudio® 10 is the first video editing software package to be awarded the "Vista Certified" logo. In addition to providing retail consumers with a ready-to-go solution for new Vista PCs, full Vista certification positions VideoStudio 10 as the premier choice for PC and peripheral manufactures to create Vista certified offerings.

Ulead VideoStudio 10 is consumer video editing and DVD authoring software that lets users do more with video, including video editing, slideshow and video creation or sharing movies on a variety of devices from iPods to high-definition home theater systems.

"This early Vista certification further solidifies our leadership position in digital multimedia solutions," said Blaine Mathieu, General Manager of Corel's Digital Media business. "VideoStudio's renowned ease-of-use and support for high definition video make it the software of choice for Microsoft's new operating system. When users see the Vista Certified logo on our software, they will know they can look forward to the highest level of compatibility and best user experience when editing their videos."

Under Vista, VideoStudio 10 users will experience the same ease-of-use and native product features as when running under previous operating systems such as Windows® XP or Windows 2000. VideoStudio users will be able to take advantage of the Vista Aero™ user interface with enhancements such as dialog fading, anti-aliased UI text, translucence, and live task previews.

In addition, VideoStudio 10 complies with Microsoft's new User Account Control (UAC) policies for added security and takes advantage of new Windows Installer technology for an improved installation experience. All VideoStudio components are signed and the application offers full event logging to facilitate management, monitoring and to provide better information for troubleshooting. Support for multiple core processors remains integral to VideoStudio, enabling faster rendering speeds.

By achieving the highest level of certification for the company's popular consumer video editing and DVD authoring software, Corel® and Ulead ensure that video editing enthusiasts will enjoy a smooth transition as they upgrade their PCs to the new operating system or purchase new Vista-based PCs.

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 2005, InterVideo® acquired a majority interest in Ulead, a leading developer of video imaging and DVD authoring software for desktop, server, mobile and Internet platforms. Corel's acquisition of the remaining interest in Ulead is expected to be completed before the end of 2006.

© 2006 Corel Corporation. All rights reserved. Corel, CorelDRAW, Paint Shop Pro, Snapfire, Painter, Corel DESIGNER, WordPerfect, WinZip, iGrafx, the Corel logo, InterVideo, WinDVD, WinDVD Creator, Ulead, VideoStudio and the Ulead Systems logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other trademarks are the property of their respective holders.

For press/analyst inquiries, contact:

Dwight Jurling

+886-2-2659-7588, ext. 2720
djurling@ulead.com.tw

Keri Bertolino
fama PR
617-758-4148
corel@famapr.com

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