OASIS Member News -- CorelR Smart Graphics StudioT Now Available

["Jessica Gould" <Jessica.Gould@corel.com>]

For Immediate Release

Corel(r) Smart Graphics Studio(tm) Now Available

Ottawa, Canada - April 30, 2003 - Corel Corporation (NASDAQ: CORL, TSX:
COR) today announced the availability of Corel(r) Smart Graphics
Studio(tm), a development platform designed to speed and simplify the
creation of SVG-based smart graphics. Smart graphics are a new form of
enterprise-class, graphically-rich application built using open standard
SVG (Scalable Vector Graphics) to transform XML and legacy data into
powerful and compelling intranet and extranet applications.

"Enterprise and government organizations are incorporating XML as a key
technology component in their IT development strategies. XML-based
technologies that can be used to build dynamic applications that are
data-driven and feature rich are drawing the attention of developers
within these organizations," said Rikki Kirzner, Research Director at
IDC. "SVG is an open standard, XML-based language that can be used to
create graphics and images to represent information in a more effective
and understandable manner. It also provides the ability to dynamically
interact with intranet and extranet applications. SVG is a key XML
technology being considered by many professional developers."

SVG-based applications are ideal for enterprise and government customers
for a variety of purposes including interactive electronic technical
publishing, Geographic Information Systems (GIS), schematic diagramming,
and building Human Machine Interfaces (HMI).

"WIPRO has taken keen interest in the Corel Smart Graphics Studio
because of its adherence to enterprise class open standards. We are
excited to be testing the product with our enterprise IT consulting
practice - enabling us to reduce the time and costs associated with
delivering visual interfaces to our back-end development efforts," said
Ajay Kumar, Marketing Manager, Corporate Vertical at WIPRO Technologies.

Corel Smart Graphics Studio enables System Integrators and IT
departments to reduce the cost and complexity of building and delivering
SVG-based applications. Based on XML, SVG, and XSLT, applications built
with Corel Smart Graphics Studio are not dependent on proprietary
technology and are highly interoperable with existing tools and
infrastructure. Corel Smart Graphics Studio enables application
developers to easily produce extensible solutions by maintaining a
separation between the graphical, functional and data components of an
application, resulting in significantly increased application
development ROI.

"Many organizations are turning to XML and open standard Web services to
ensure the easy exchange and longevity of their data and information. As
a result, SVG application development is on the rise - enabling
developers to deliver these services in a compelling way, while
maintaining an end-to-end XML infrastructure," said Ian LeGrow, Vice
President of New Ventures at Corel. 

He added: "Many enterprises have long recognized the power SVG offers
for creating graphical solutions, but were challenged with the task of
hand coding these applications - a very time consuming and expensive
process. Corel Smart Graphics Studio enables developers to deliver these
applications in a fraction of the time, and as a result, will further
spur the adoption of the SVG standard." 

Corel Smart Graphics Studio is composed of four integrated applications:
* Corel(r) Developer SG(tm)
* Corel Developer SG includes three components:
* Design Window enables application developers to design client
interfaces while working in a visual development environment;
* Template Builder lets application developers prepare SVG documents
with dynamic objects for data mappings;
* Data Mapper allows application developers to define the connections
between the inputs of an SVG template and the data.

Corel(r) Process Builder
Corel Process Builder lets application developers build processes for
binding multiple data sources including XML, ODBC, Web Services, and
legacy data. The data is then combined with graphics and application
logic to create a run-time process. Process Builder allows the developer
to visually create server-side processes using drag-and-drop modules.
There is no need to learn complicated scripting languages. 

Corel(r) Server SG(tm)
Corel Server SG is a high performance platform for the management and
transformation of application data and images. Processes created in the
Process Builder are executed on the Server. Corel Server SG is available
in both developer and enterprise editions.

Corel(r) SVG Viewer
Corel SVG Viewer is a Web browser plug-in that lets application
developers view and interact with the SVG graphics as they develop the
application interface. It offers:
* unparalleled rendering capability;
* compliance with open standards;
* an ActiveX control for integration with enterprise applications.

Pricing and Availability
Corel Smart Graphics Studio is available for download from www.corel.com
now. It will be widely available through Corel's reseller partners
starting June 2003. 

Suggested retail pricing (US$) for Corel Smart Graphics Studio is $1,199
for a box or $1,049 for download. Corel Smart Graphics Studio includes
Corel Developer SG, Corel Process Builder, Corel Server SG (Developer
Edition) and the Corel SVG Viewer. 

Suggested retail pricing (US$) for Corel Server SG starts at $3,999.
Specific server modules to support Web services, imaging, and run-time
conversion will be available for additional costs ranging from $999 to
$5,999. Server pricing is per CPU. Please contact Corel for more
details.

To protect their software investment, customers who purchase Corel Smart
Graphics Studio by July 31st, 2003 are automatically provided with free
maintenance (upgrade protection) for all versions up to and including
2.0.

For more information about Corel Smart Graphics Studio or to download a
free trial version, please visit www.corel.com/smartgraphics. The trial
version includes a 'Get Started' guide and tutorials to introduce system
integrators and IT professionals to simplified SVG smart graphics
application development. 

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. 

- 30 - 

This press release contains forward-looking statements as defined by the
United States Private Securities Litigation Reform Act of 1995,
involving the company's expectations about future financial results and
other matters. These statements reflect management's current forecast of
certain aspects of the company's future business. These forward-looking
statements are subject to certain risks and uncertainties that could
cause actual results of operations to differ materially from historical
results or current expectations. The words "plan", "expect", "believe",
"intend", "anticipate", "forecast", "target", "estimate" and similar
expressions identify forward-looking statements. Risk factors include
shifts in customer demand, product shipment schedules, product mix,
competitive products and pricing, technological shifts and other
variables. Readers are referred to Corel's most recent reports filed
with the Securities and Exchange Commission for a more complete
discussion of the other risks and uncertainties. The factors underlying
forecasts are dynamic and subject to change. As a result, forecasts
speak only as of the date they are given and do not necessarily reflect
the company's outlook at any other point in time. The company does not
undertake to update or review these forward-looking statements.

(c) 2003 Corel Corporation. All rights reserved. Corel, SG 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.

Jessica Gould
Senior Communications Manager
Corel Corporation
613-728-0826 x 5405