Corel DESIGNER 10 Available Now!

Business Editors/High-Tech Writers

CHICAGO--(BUSINESS WIRE)--March 3, 2003

Corel Corporation (NASDAQ:CORL) (TSX:COR) today announced the North American availability of Corel(R) DESIGNER(R) 10, a technical graphics application that allows users to create, manage, and share technical diagrams,

Launched at National Manufacturing Week today (Booth #112), Corel DESIGNER 10 emphasizes key features for streamlining the production of technical graphics. Corel developed this latest version to meet the specific workflow requirements of professionals who create precise technical illustrations.

"Corel DESIGNER 10 will increase productivity within a technical design department," said Ted Poltoranos, Director, Graphics Solutions at Corel Corporation. "In our research we found a lot of people weren't using the most effective graphics application for their illustration work. Corel DESIGNER 10 is developed to give these professionals the output quality and workflow efficiency they require. Corel DESIGNER 10 will help ensure a technical illustration is completed quickly, accurately, and can be shared easily."

Corel DESIGNER 10 brings many advantages over previous versions including:

-- New industry standard symbols and symbol libraries for consistency and standardization

-- New technical illustration tools and features such as Virtual Segment Delete, Boundary Tool, Gravity Snapping and Reflective Nodes

-- VBA scripting included in the application

-- New and improved import/export filters to ensure complete compatibility within any workflow

-- CorelTRACE(R) to easily convert legacy data to editable vector images, and

-- Customizable workspaces to ensure a smooth learning curve

"In Corel DESIGNER we have found the ideal solution in precision tools for technical graphics, without the complexity and steep learning curve inherent in more expensive technical graphic applications," said John Redhead, Creative Director at POPex.co.uk, a U.K. design agency.

"Corel DESIGNER 10 helps me deliver quality products to my customers," says Deborah Miller, Owner, Rainwater Media, a design agency. "Corel has added time-saving features so designers can spend time creating and less time guessing."

Pricing and Availability

Corel DESIGNER 10 is now available across North America for the suggested retail price of $469 US for the full box and $229 US for the upgrade version. Corel also offers flexible licensing options for small, medium and large-sized organizations, as well as government and educational institutions.

For more information on Corel DESIGNER 10, please visit www.corel.com/designer10.

About Corel Corporation

Founded in 1985, Corel Corporation (www.corel.com) is a leading technology company specializing in content creation tools, business process management and XML-enabled enterprise solutions. The company's goal is to give consumers and enterprise customers the ability to create, exchange and instantly interact with visual content that is always relevant, accurate and available. With its headquarters in Ottawa, Canada, Corel's common stock trades on the Nasdaq Stock Market under the symbol CORL and on the Toronto Stock Exchange under the symbol COR.

(C) 2003 Corel Corporation. All rights reserved. Corel 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.