reprinted from a Corel press release:

Ulead DVD MovieFactory Plus now authors high-definition BDAV files on Blu-ray recordable and re-recordable discs.

OTTAWA, Canada January 8, 2008 Corel Corporation (NASDAQ:CREL) (TSX:CRE), a leading developer of graphics, productivity and digital media software, today announced that Ulead DVD MovieFactory Plus received BD-R 1.1 and BD-RE 2.1 certification for BDAV files. Corel’s Ulead DVD MovieFactory Plus now provides high-definition BDAV recording of BD-R and BD-RE discs.

By receiving certification for BD-R 1.1 and BD-RE 2.1, DVD MovieFactory Plus has passed the stringent standards and guidelines set by the Blu-ray Disc Association to ensure the best possible user experience. DVD MovieFactory 6 Plus has already been certified for AVCHD and BDMV.

“Creating high-definition movies at home just got easier with BDAV format support in DVD MovieFactory Plus, said Jeff Hastings, President and General Manager, Digital Media at Corel. “For recording high-definition home movies, DVD MovieFactory Plus now provides the latest easy-to-use tools and high-definition file formats at a price almost anyone can afford.

DVD MovieFactory Plus with BD-R 1.1 and BD-RE 2.1 support is now available to OEM customers. A retail version will be available in late 2008.

About Corel Corporation
Corel is a leading developer of graphics, productivity and digital media software with more than 100 million users worldwide. The Company’s product portfolio includes some of the world’s most popular and widely recognized software brands including CorelDRAW Graphics Suite, Corel Paint Shop Pro Photo, Corel Painter(TM), Corel DESIGNER, Corel WordPerfect Office, WinZip and iGrafx. In 2006, Corel acquired InterVideo, makers of WinDVD, and Ulead, a leading developer of video, imaging and DVD authoring software. Designed to help people become more productive and express their creative potential, Corel’s software strives to set a higher standard for value with full-featured products that are easier to learn and use. The industry has responded with hundreds of awards recognizing Corel’s leadership in software innovation, design and value.

Corel’s products are sold in more than 75 countries through a well-established network of international resellers, retailers, original equipment manufacturers, online providers and Corel’s global websites. The Company’s headquarters are located in Ottawa, Canada with major offices in the United States, United Kingdom, Germany, China, Taiwan and Japan. Corel’s stock is traded on the NASDAQ under the symbol CREL and on the TSX under the symbol CRE.

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