Ottawa, Canada June 25, 2001 Corel Corporation (NASDAQ: CORL, TSE: COR) is pleased to introduce Bryce 5, the latest version of its powerful 3D landscape creation and animation application, designed to empower unlimited creativity on Macintosh OS and Windows. Bryce 5, part of Corels creative collection, will be available for purchase in July 2001. Bryce 5 is Corels first application for Apples new Mac OS X platform. It is the first of many creative products Corel will deliver for this advanced operating system over the coming months. With Bryce 5, we are delivering on our promise to release exceptional applications for Mac OS X, said Ian LeGrow, executive vice-president of creative products at Corel. Based on customer feedback, weve tailored Bryce 5 to meet the needs of serious Bryce users and 3D graphic artists. This includes the addition of time-saving Network Rendering and the ability to create premium photo-realistic images. Bryce 5 makes its mark in the 3D graphics environment by striking an optimum balance between power and ease of use. The dynamic tools in Bryce 5 enable users to unleash and explore the full potential of their creativity. Bryce 5 powers the creation of truly photorealistic landscapes, models and other images without the expensive and time-consuming training required by many other 3D applications. New Features in Bryce 5 Include: Network Rendering dramatically increases rendering speed by using the power and speed of multiple computers for a single image or animation. There is no limit to the number of systems used, and it is platform independent, enabling Mac and Windows users to render their images on either or both platforms simultaneously. Premium Rendering Options take Bryce to a new level of quality facilitating the creation of naturally photorealistic images with depth of field, blurred reflections, and soft shadows. The Tree Lab powers the creation of organic 3D trees. Users specify the exact look and feel of trees in a scene from the number of needles on a branch to selecting one of over 60 different tree types. Metaballs are a primitive object type that enable users to quickly create and experiment with organic shapes opening up a new world of creative possibility. The Light Lab gives more robust control over lighting direction, intensity and tinting addressing the need for accurate production of real-world environments. Pricing and Availability Bryce 5 for Windows 98, Windows Me, Windows 2000, Windows NT 4.0, and Mac OS 8.6, Mac OS 9.x, and Mac OS X will be available in July. The suggested retail price is US $309 for all platforms. Registered users of any version of Bryce are eligible to purchase the upgrade version of Bryce 5 for US $159. French and German versions of Bryce 5 will be available in August 2001. Corel Corporation Corel Corporation provides its customers with the creative tools they need to unleash their imaginations. With its heritage of software innovation and a solid franchise of loyal customers worldwide, Corel has earned its reputation as an internationally recognized developer of award-winning graphics and business productivity applications on the Windows, Macintosh, Linux and UNIX platforms. In 2001, Corel will continue to expand its support of the Web, delivering the Internets versatility to customers through exciting Web-based applications, content and services. Corel will also be developing applications for Microsofts .NET platform as part of its commitment to provide customers with a full range of applications and services over the Internet. With its headquarters in Ottawa, Canada, Corel continues to be one of Silicon Valley Norths most exciting and influential software companies. Corels common stock trades on the NASDAQ Stock Market under the symbol CORL and on the Toronto Stock Exchange under the symbol COR. For more information on Corel Corporation, please visit www.corel.com