OTTAWA, May 3 /CNW/ - Corel Corporation (NASDAQ:CREL)(TSX:CRE) today announced that it will issue its earnings release for the first quarter 2006 after the market closes on Thursday, May 4, 2006. Corel will host a conference call to discuss the results at 4:30 p.m. EST on the same day. To access the call, please dial (800) 946-0720 or (719) 457-2646 at least five minutes prior to the 4:30 p.m. EST start time. An audio webcast of the call will also be available at http://investor.corel.com. A replay of the webcast will be available between 7:30 p.m. EST May 4, 2006 and 11:59 p.m. EST May 18, 2006 by accessing the same website or by calling (888) 203-1112 or (719) 457-0820 with the passcode 4136689. About Corel Corporation Corel is a leading global packaged software company with an estimated installed base of over 20 million users. The Company provides high quality, affordable and easy-to-use productivity, graphics and digital imaging software and enjoys a favorable market position among value-conscious consumers and small businesses. Its products are sold in over 75 countries through a scalable distribution platform comprised of original equipment manufacturers (OEMs), Corel's domestic and international websites, and a global network of resellers and retailers. The Company's product portfolio features well-established, globally recognized brands including CorelDRAW(R) Graphics Suite, Corel(R) WordPerfect(R) Office, Corel(R) Paint Shop(R) Pro, and Corel Painter(TM). (C) 2006 Corel Corporation. All rights reserved. Corel, CorelDRAW, WordPerfect, Paint Shop, Painter, 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. CRELF

