Many New Enhancements to Corel’s High-Speed Video Editing Software Including Extended Camera Support and Performance Upgrades

Ottawa, ON - June 14, 2010 -- Corel Corporation today announced the introduction of a free update for Corel® VideoStudio® Pro X3. This new update builds on the established strengths of VideoStudio Pro X3 in speed and creative effects, adding high-speed GPU- and multicore acceleration for video color correction, plus extended support for MPEG4 cameras. Customers also receive Corel® DVD Movie Factory™ 7 SE for advanced DVD authoring and burning, now fully integrated and accessible from Corel VideoStudio Pro X3.

"With VideoStudio Pro X3, we're committed to continuously setting new benchmarks for speed and performance in enthusiast video editing software," said Jan Piros who leads Product Management for Corel VideoStudio Pro. "X3's performance has been very well received and that's motivated us to keep pushing VideoStudio further in terms of performance and creative potential. This team is driven to find new ways to improve how you edit video."

Highlights of the new capabilities introduced in this update:

• New! High Speed Color Correction – New multicore- and GPU-optimized color correction tools provide VideoStudio Pro X3 with a new engine that adjusts and enhances color in real time. Color correction can now be done at speeds previously expected from only professional tools;

• New! Fully Integrated Advanced DVD Authoring with DVD MovieFactory™ Pro 7 SE – Now directly accessible from Corel VideoStudio Pro X3, DVD MovieFactory™ 7 SE provides more advanced DVD authoring for customers seeking more power than DVD Factory Pro 2010; both burning applications are free with Corel Videostudio Pro X3;

• Updated Camera Support – Broadened MPEG4 capabilities add support for additional cameras including select models from Flip, Canon and more.

Availability
Corel VideoStudio Pro X3 Service Pack (SP) 1, offering the new functionality outlined above as well as enhanced stability, performance and fixes, is now available as a free download from www.corel.com/videostudioprox3update.

Corel VideoStudio Pro X3 is available at a suggested retail price (SRP) of just $99.99 (USD and CDN) for the full version or $79.99 for the upgrade. Available in North America, Corel also offers the Corel Photo & Video Pro X3 Bundle, featuring both Corel VideoStudio Pro X3 and Corel® PaintShop Photo® Pro X3, value-priced at $149.99 (SRP).

Corel VideoStudio Pro X3 is available globally in Chinese Traditional and Simplified, Dutch, French, German, Italian, Japanese, Polish, Russian and Spanish.

To learn more about Corel VideoStudio Pro X3, purchase an ESD or download a free 30-day trial, please visit www.corel.com/videostudio.

About Corel Corporation
Corel is one of the world's top software companies with more than 100 million active users in over 75 countries. We develop software that helps people express their ideas and share their stories in more exciting, creative and persuasive ways. Through the years, we've built a reputation for delivering innovative, trusted products that are easy to learn and use, helping people achieve new levels of productivity. The industry has responded with hundreds of awards for software innovation, design and value.

Our award-winning product portfolio includes some of the world's most widely recognized and popular software brands, including CorelDRAW® Graphics Suite, Corel® Painter™, Corel DESIGNER® Technical Suite, Corel® PaintShop Photo®, Corel® VideoStudio®, Corel® WinDVD®, Corel® WordPerfect® Office, WinZip® and Corel® Digital Studio™.

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