Feb. 15, 2005 Award-winning Software Closes Banner Year with Record-setting Quarter; New Distribution Agreements and OEM Partners Point to Strong Performance in 2005

Corel Corporation today announced that Paint Shop Pro recently celebrated its strongest quarter ever, delivering the best single quarter sales performance in the product line's history.

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Sales of the award winning photo editing software jumped 30% over the product's last record breaking quarter, which occurred in 2000. With awards from some of the industry's most influential sources and additional investments from Corel, the Paint Shop family is set to expand its footprint in the digital photography market, through new distribution agreements, expanded OEM partnerships, and a commitment to ongoing customer research and interaction.

Corel will present its newly expanded portfolio of digital photography and imaging software, including Paint Shop Pro, at PMA in Orlando from February 20-23, 2005 Booth # 2463 With the addition of the Paint Shop family, Corel now offers users a full lineup of digital photography and imaging software solutions, opening up new creative possibilities for customers of all skill levels, whether they're a first time digital camera user, a dedicated hobbyist, or an industry professional.

Setting a New Standard

Launched in September 2004, Paint Shop Pro 9 continues to set the standard for powerful, efficient, and affordable professional photo editing software. Providing digital photographers, graphics hobbyists, and business professionals with award-winning tools for professional photo editing, Paint Shop Pro 9 enables users to persuasively communicate their ideas and express their individual creativity.

New in Version 9 are professional-strength photo editing filters that reduce the time spent producing the results photographers demand. These tools include the Chromatic Aberration Removal Filter, Noise Removal Filter, and the Fill Flash and Backlighting Filters. In addition, with the inclusion of technology from Bibble Labs (www.bibblelabs.com), Paint Shop Pro 9 supports raw camera images from digital camera manufacturers including Canon, Fuji, Kodak, Minolta, Nikon, Olympus, and Pentax, allowing users to set custom white balance, exposure, and sharpening levels when converting raw camera images.

Providing users with unmatched levels of control and flexibility, Paint Shop Pro 9 has attracted considerable recognition, winning industry praise for its power and versatility. Recent awards include:

» PC Magazine - Best of the Year - December 28, 2004
» Presentations Magazine - Standing Ovation Award - December 2004
» SmallBusinessComputing.com Excellence in Technology Award - January
2005

"Our goal with Paint Shop Pro 9 is to provide users with professional image editing software that is also affordable and very easy to use," said Michael Greenhalgh, Product Line Manager for the Paint Shop family. "We're very pleased with the response so far, and with Corel's continued investments and strong commitment to customer driven product development, I am confident that we'll attract many more new customers and partners to the Paint Shop fold."

Among the new partners embracing the Paint Shop product line is D&H Distributing, one of the largest wholesale distributors of computer, photographic, and consumer electronics products in the United States. For the first time, D&H resellers and dealers will have access to the award-winning Paint Shop lineup, including Paint Shop(TM) Photo Album(TM), Paint Shop(TM) Pro(R) Studio and, the family's flagship, Paint Shop Pro. Recently named Best Distributor at the 2004 RAM Awards, D&H is noted for its multi-market expertise and its ability to provide a one-stop resource for IT and consumer electronics solutions.

"The Paint Shop family is highly regarded in the digital photography industry for its professional photo editing capabilities, ease-of-use, and competitive price point," said Rob Eby, Director of Purchasing at D&H Distributing. "We are pleased to add this award-winning lineup to our portfolio of Corel solutions since we're confident it will help our customers build even more business in the rapidly expanding and very lucrative digital photography market."

Corel at PMA

Corel will demonstrate its entire portfolio of digital photography and imaging software at PMA in Orlando from February 20-23, 2005 (Booth # 2463). For more information on PMA, please visit www.pma2005.pmai.org

Product Pricing and Availability

Paint Shop Pro 9, Paint Shop Pro Studio, and Paint Shop Photo Album 5 are available through selected resellers and retailers. MSRP is $129 US for Paint Shop Pro, $69 US for Paint Shop Pro Studio, and $49 US for Paint Shop Photo Album 5. Dealers may sell for less.

To download a free, full-featured trial version of the software, please visit www.jasc.com. For more information on Corel Corporation, please visit www.corel.com

About Corel

Corel Corporation provides innovative software solutions that help millions of value-conscious businesses and consumers in over 75 countries improve their productivity. The Company is renowned for its powerful software portfolio that combines innovative photo editing and graphics creation, vector-illustration and technical-graphics applications along with office and personal productivity solutions. Corel's flagship products include the CorelDRAW(R) Graphics Suite, the WordPerfect(R) Office Suite, the Corel Painter Natural-Media(R) painting and illustration software and the Paint Shop(TM) Family of digital photography and image-editing software.

Corel was acquired by San Francisco-based Vector Capital in August 2003, and since that time, has re-established growth for its flagship product lines and achieved multiple consecutive quarters of corporate profitability. Founded in 1985, Corel is headquartered in Ottawa, Canada. For more information, please visit www.corel.com.

About Bibble Labs

Located in Austin, Texas, Bibble Labs was founded in 2000 to develop technologies and software for high quality processing of raw files from a wide variety of digital cameras. Bibble Labs standalone products are in use by thousands of photographers all over the world to quickly and accurately process their raw photos. It's technologies and expertise are increasingly becoming the standard other companies turn to when they wish to embed raw image processing technology in their products. For more information, visit our website at http://www.bibblelabs.com Licensing inquiries may be addressed to This email address is being protected from spam bots, you need Javascript enabled to view it

(C) 2005 Corel Corporation. All rights reserved. Corel, Paint Shop, 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