Ottawa, Canada-May1,2001 - Corel Corporation (NASDAQ: CORL, TSE: COR) today announced that the new version of its flagship office suite, WordPerfect Office 2002, is now available in stores across North America. "With WordPerfect Office 2002, we have taken extraordinary steps to ensure the new features and enhancements in our flagship office suite directly answer the needs of our loyal WordPerfect customers. I'm confident we are giving customers a convincing reason to upgrade," said Derek Burney, Corel's president and CEO. "We are very proud of our new release and, starting today, customers will be able to fully understand and appreciate our enthusiasm when they experience first-hand why WordPerfect continues to distinguish itself as a superior office suite." WordPerfect Office 2002 Standard Edition features the latest versions of the core applications - WordPerfect 10, Quattro Pro 10, Corel Presentations 10, and CorelCENTRAL 10. The Professional Edition also includes the powerful database Paradox 10 and the voice-recognition software Dragon NaturallySpeaking 5.0. The suggested retail upgrade price for the Standard Edition is US $159* while the suggested retail upgrade price for the Professional Edition is US $259*.