Leading Graphics Software Provider Licenses Sharpcast Platform to Offer Embedded Online Service Bridging Gap Between Online Storage and Offline Media PALO ALTO, Calif., Sept. 18 /PRNewswire/ -- Sharpcast, a top innovator in synchronization technology and converged consumer services, today announced Corel Corporation (Nasdaq: CREL; TSX: CRE), a leading developer of graphics, productivity and digital media software, licensed Sharpcast's Universal Synchronization & Convergence (USC) platform technology to integrate with its new Corel(R) MediaOne(R) Plus and Corel MediaOne Starter digital photo and video software. The Sharpcast platform enables a unique converged experience across PC, web and mobile devices for Corel MediaOne customers, automatically synchronizing local images from a PC hard drive into a private and secure online vault from which people can view, share or manage their backed up photos from any web browser and from select mobile phones. Corel is the first of several major software industry players to license Sharpcast technology to help transform its offering from a standalone software solution to a hybrid software plus service combination that seamlessly connects people's online and offline worlds. Sharpcast is working with leading software providers, wireless and internet service providers and OEM manufacturers to make consumer media ubiquitously available to people regardless of the number of different devices they have and whether they are online or offline. Corel MediaOne, the newest release from Corel's expanded digital media portfolio, offers easy-to-use tools for automatic online backup and sharing, photo retouching, organization and simple video editing. It is available beginning today at designated retailers and resellers nationwide or from Corel's website at http://www.corel.com/mediaone. Customers can access the Sharpcast-powered backup, sharing and online gallery features from directly within the Corel MediaOne application. The license agreement between Corel and Sharpcast provides Corel a fast and efficient path to market for its embedded backup, sharing and online gallery offerings, and extends Sharpcast's service offering to millions of consumers through Corel's strong retail and reseller presence and OEM distribution. "We're pleased to be working with industry leaders like Corel to deliver new converged online and offline applications that automatically protect and provide access to digital media from anywhere," said Korak Mitra, vice president of sales and business development for Sharpcast. "We envision a world in which mobile devices, the web and PCs keep media and applications in sync automatically without any work required by the user. Corel MediaOne powered by Sharpcast is a step in that direction." "With automatic online backup and sharing capabilities from Sharpcast, Corel MediaOne users can focus on enhancing and sharing photos, videos and slide shows with their family and friends," said Denise MacDonell, Director of Product Management, Digital Media at Corel. "We are delighted to work with Sharpcast to provide their secure, award-winning service to our customers." Universal Synchronization and Convergence The Sharpcast Universal Synchronization and Convergence platform is a data type-agnostic, real-time push synchronization platform designed specifically for convergence of user files and data across mobile phones, PCs and the web. It is built on patent-pending custom sync protocols optimized for transmission over wireless networks and the Internet, and designed to extend the power of desktop computer applications to the web and mobile devices while completely automating client-side backup, sharing, uploading and downloading functions for the mobile user. Any sending of files and metadata between PCs, mobile devices and the web happen seamlessly in the background. The Sharpcast USC platform includes a synchronized online digital vault, vertical application modules that run on a wide variety of desktop and mobile platforms for deep handling of specific media types, and APIs for connecting to third-party applications, web services and social networks. It is available for license and deployment through software ISVs, wireless network operators, ISPs and OEMs worldwide. About Sharpcast An innovator in digital media and information synchronization, Sharpcast provides a category-defining hybrid software-services synchronization platform that delivers the absolute simplest way for people to back up, share, sync and access their digital content from anywhere regardless of what device they are on and whether they are online or off. A team of wireless and mobile industry veterans with a proven track record for building large-scale wireless data systems and successful software businesses founded Sharpcast in 2004 with a mission to make digital life simple. The company is headquartered in Palo Alto, California. 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(R) Graphics Suite, Corel(R) Paint Shop Pro(R) Photo, Corel(R) Painter(TM), Corel DESIGNER(R), Corel(R) WordPerfect(R) Office, WinZip(R) and iGrafx(R). In 2006, Corel acquired InterVideo, makers of WinDVD(R), 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. (C)2007 Corel Corporation. All rights reserved. Corel, Corel DESIGNER, CorelDRAW, MediaOne, Paint Shop Pro, Painter, Snapfire, 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. DATASOURCE: Sharpcast CONTACT: Allen Bush of Sharpcast, +1-650-323-1960, ext. 315, ; or Amie Hoffner of Corel Corporation, +1-952-294-2350, Web site: http://www.sharpcast.com/ http://www.corel.com/mediaone

Copyright