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Subject: OASIS Member News -- Corel Smart Graphics Studio 1.1 Now Available

Corel(R) Smart Graphics Studio 1.1 Now Available

SVG Open Conference, Vancouver, Canada - July 15, 2003 - Corel
Corporation (NASDAQ: CORL, TSX: COR) today announced that it has
released an update to Corel Smart Graphics Studio, a development
platform designed to speed and simplify the creation of SVG-based smart
graphics. The new update will be demonstrated at the Corel booth for the
duration of the SVG Open conference.

Corel Smart Graphics Studio 1.1 provides several enhancements to both
the development and serving of SVG applications connected to databases
and Web services including:

* More control over assets and objects within Corel Developer SG(TM)
* Advanced debugging capabilities to simplify the development process 
* Support for Oracle stored procedures to improve Oracle
interoperability and reduce development time 
* More advanced caching capabilities on the server

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. For more information, please visit

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

(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

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