World Leader in Digital Painting and Illustration Delivers On Top Customer Requests

Ottawa, Canada - February 24, 2009

Corel Corporation (NASDAQ: CREL; TSX: CRE) today introduced Corel® Painter™ 11, the newest edition of the world’s leading painting and illustration software. With more than 40 new and enhanced features, Painter 11 provides the most inventive drawing and painting tools available, making it the ultimate art studio for those ready to expand their definition of creativity.

Since its inception, Corel Painter has set the standard for painting and illustration software. With Painter 11, artists can now expand their digital toolset with the most advanced painting and natural media tools available. New pressure-sensitive brushes allow hand and brush to fluidly work as one, producing brushstrokes that are unrivaled in texture and precision. Enhanced drawing tools and customizable media allow users to create distinct art every time.

“The cornerstone of Painter’s success has always been our loyal user community. During the development cycle for Painter 11, we listened closely and carefully to what these talented artists were saying about our product – the features they loved and the new features they needed as they worked with Painter on a day-to-day basis,” said Rob MacDonald, Product Manager for Corel Painter. “With Painter 11, we’ve successfully addressed many of the key areas our users highlighted while also delivering some exciting new features that will further expand artists’ creative options.”

Changing What’s Possible in Art
In developing the newest version of Corel Painter, the Corel team focused on four key areas:

Enhancing the Creative Process
Painter 11 offers artists the ability to enhance their creativity through the freedom to create and customize brushes and media variants to their precise specifications. With unique new tools including new artistic media, new hard media brushes, and new selection tools, Painter 11’s unique toolset enables users to create art that would not be possible working with traditional media

Going Beyond the Digital Darkroom
With Painter 11, artists can expand their digital toolset with painting media designed to extend the capabilities of digital photography programs such as Corel® Paint Shop Pro® Photo and Adobe® Photoshop®. New color management improves color recognition when importing files from other applications and individual color profiles per document create greater color accuracy for each file.

Learning from Unlimited Experimentation
For those looking to embark on an artistic education, Painter 11 offers the ability to experiment with color theory and composition much faster than in a traditional environment, and without the toxins and mess. With the option to undo brushstrokes and other effects, this digital art studio provides the ability to experiment in an unlimited capacity, giving students, teachers, and other new users the confidence to explore a wide variety of artistic techniques.

Increasing Performance and Productivity
Artists using Painter 11 can enjoy creating in an inviting environment that is optimized for their workflow. Enhanced brushes perform up to thirty percent faster than in previous versions, making this the fastest, most responsive version of Painter yet.

“I’ve been using Corel Painter for more than 18 years. This program has been a vital and integral part of my artistic workflow for the last 16 years. With the enhancements in brush technology and the expandable color palette introduced in Painter 11, I now have an even more powerful toolbox with which to express myself on the digital canvas!” said Jeremy Sutton, Portrait Artist (JeremySutton.com) and Founder of the new educational website, PaintboxJ.com, which features Painter 11 video tutorials, articles and new custom brushes. “Kudos to the Painter development team who sought out and listened to feedback from the artistic community and worked with us to make this version the best Painter yet. I highly recommend diving in, if you’re new to Painter, or upgrading from earlier versions so you can enjoy the new, improved features of Painter 11.”

For more information about Corel Painter 11 and to see a detailed list of new and enhanced features, and to view exceptional art created using Corel Painter, please visit www.corel.com/painter. To learn more about how Corel Painter is used worldwide, please visit the product’s community site at www.painterfactory.com.

Pricing and Availability
The English version of Corel Painter 11 is available tomorrow (Feb. 25) as an electronic download through www.corel.com and is priced at $399 US for the full version and $199 US for the upgrade. The boxed product featuring new, environmentally-aware packaging is also available immediately for preorder and is priced at $429 US for the full version and $229 US for the upgrade.

About Corel
Corel is one of the world’s top software companies with more than 100 million active users in over 75 countries. We develop software that helps people express their ideas and share their stories in more exciting, creative and persuasive ways. Through the years, we’ve built a reputation for delivering innovative, trusted products that are easy to learn and use, helping people achieve new levels of productivity. The industry has responded with hundreds of awards for software innovation, design and value.

Our award-winning product portfolio includes some of the world’s most widely recognized and popular software brands, including CorelDRAW® Graphics Suite, Corel® Painter™, Corel DESIGNER® Technical Suite, Corel® Paint Shop Pro® Photo, VideoStudio®, WinDVD®, Corel® WordPerfect® Office and WinZip®. Our global headquarters are in Ottawa, Canada, with major offices in the United States, United Kingdom, Germany, China, Taiwan and Japan.

© 2009 Corel Corporation. All rights reserved. Corel, Corel DESIGNER, CorelDRAW, Paint Shop Pro, Painter, Photo Express, WinDVD, iGrafx, InterVideo, Ulead, WordPerfect, WinDVD, WinZip and the Corel logo are trademarks or registered trademarks of Corel Corporation and/or its subsidiaries. All other product names and any registered and unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners.