OASIS Member News -- Corel and LightSpeed Software Deliver Integrated Content Management Solution for Technical Publishing

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

For Immediate Release

Corel and LightSpeed Software Deliver Integrated Content Management
Solution for Technical Publishing

Joint Offering Provides a Seamless Way to Easily Create, Manage and
Reuse Structured Content for Multi-Channel Publishing

Ottawa, Canada and San Francisco, CA - May 13, 2003 - Corel Corporation
(NASDAQ: CORL, TSX: COR) and LightSpeed Software today announced a
strategic partnership to deliver a comprehensive content management
solution for authoring, managing and publishing technical documentation.
The companies have built an integration between Corel(r) XMetaL(r),
Corel's enterprise-class XML editing tool, and LightSpeed Astoria,
LightSpeed Software's content management system, providing customers
with a single solution to protect and extend the significant investment
they have made in their content assets. This offering is available now
and has been adopted by customers including Texas Instruments and Open
Learning Agency. 

"A primary driver for organizations is to maximize use of their
resources," said Michael Maziarka, Director of CAP Ventures' Dynamic
Content Software Strategies. "Businesses are beginning to understand the
value of their content, and that content effectively managed becomes
even more valuable as it is leveraged by the organization's many
constituencies. The LightSpeed Software and Corel solution provides a
way for organizations to achieve their goals using an XML-driven content
strategy to maximize the return on their content."

The Corel/LightSpeed Software solution offers content experts a flexible
way to create reusable XML content at an element level - breaking
documents into small and easily managed elements or 'chunks' that can be
easily shared, updated, located and delivered to multiple channels. By
enabling anyone within an organization to create XML content, the costly
and repetitive process of converting content from proprietary document
formats into XML is eliminated. Combining the strengths of Corel XMetaL
and LightSpeed Astoria, the offering provides a robust XML authoring
environment integrated with a powerful content management repository
that is easily accessible through a common user interface. 

The XMetaL interface enables knowledge workers to create XML content in
an environment that is as easy to use as a word processor. LightSpeed
Astoria manages this content and makes it available to be shared and
reused throughout the organization for delivery to multiple channels -
whether it is to be published online, in print or to wireless devices.
The solution supports the newly-released Corel XMetaL 4, giving authors
the power to create XML content within any ActiveX(r)-compliant
application, including email and Web browsers. The ability to create XML
content virtually anywhere enables improved collaboration in the
authoring process across distributed workgroups.

"Faced with the challenge of doing business on short deadlines in a
dynamic marketplace, nothing is more important than saving time and
reducing costs. XML is the ideal format for creating and managing
reusable content - enabling our customers to find huge efficiencies in
their document creation processes," said Bruce Sharpe, Vice President of
XML Content Solutions for Corel. "This solution builds on the strengths
of both XMetaL and LightSpeed Astoria, providing an environment ideally
suited for technical documentation. We are delivering a comprehensive
offering, saving our customers the time and effort required to build
their own custom solutions." 

"Our partnership with Corel represents a remarkable opportunity for
customers looking to drive down costs and realize new efficiencies
associated with creating and managing their enterprise content assets,"
said Mark Leonard, Executive Vice President of Business Development at
LightSpeed Software. "Our joint solution provides a way for
organizations to optimize their content processes in critical areas of
their business such as those closely tied to the product life cycle."

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.

About LightSpeed Software, Inc.
LightSpeed Software has helped more than 300 leading organizations -
including manufacturing, financial services, healthcare and government
entities - reduce costs and speed time-to-market by optimizing the value
of their content assets. LightSpeed Software's content management system
enables organizations to capture, manage, collaborate and distribute
enterprise content at a document, component and element level for easy
reuse. For more information about LightSpeed Software, visit
www.LSpeed.com.

-30- 

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

Corel Press Contact:
Christopher Wood
Maverick Public Relations
(416) 640-5525 x 243
chrisw@maverickpr.com

Corel Investor Contact: 
John Hladkowicz
(613) 728-0826 ext. 1194
john.hladkowicz@corel.com 

LightSpeed Software Press Contact:
Nathan Butler
LightSpeed Software, Inc.
(415) 512-7470, x111
press@LSpeed.com