Netmosphere, Inc., a pioneer in the Intranet productivity software market, today announced that Corel Corporation will license from Netmosphere key components of its real-time collaboration and task management software technology for the new enterprise-focused suite, code-named "Alta." Netmosphere's ActionPlan™ and Java™ Application Server (JAS) software uses push-pull technology to communicate status, plan changes, and task-related comments immediately to a distributed team.

"With our technology, Corel now has the Java-based interactive collaboration features it wants for its new Alta product," said Heather Rose, Netmosphere president and CEO. "This licensing agreement supports our strategy to bring real-time project coordination to the enterprise."

"As this agreement demonstrates, Corel is completely committed to carrying out its aggressive Java-based product strategy," said Paul Skillen, Corel Corporation's vice president of Engineering. "Corel's `Alta' will provide an improved platform for information handling and knowledge management inside and outside the organization. Netmosphere's ActionPlan and Java Application Server (JAS) software is a key component in that platform."

"We are very pleased to see today's announcement from Netmosphere and Corel," said George Paolini, director of corporate marketing at Sun Microsystems' JavaSoft division. "This agreement reinforces the power of Java for enterprise solutions."

ActionPlan, certified 100% Pure Java, enables distributed workgroups to plan and effectively execute complex business projects. By using Java and the JAS technology, ActionPlan offers a level of information sharing across the enterprise found previously only in client/server products. ActionPlan is a cross-platform, cost-effective project collaboration solution that runs on browsers over the corporate Intranet and extended Extranet.

About Corel Corporation

Incorporated in 1985, Corel Corporation is recognized internationally as an award-winning developer and marketer of productivity applications, graphics and Internet software. Corel's product line includes CorelDRAW™, Corel(R) WordPerfect(R) Suite, Corel(R) Office Professional, Corel(R) WebMaster Suite and CorelCAD. Corel's products run on most operating systems, including: Windows(R), Macintosh(R), UNIX, MS-DOS, and OpenVMS and are consistently rated among the strongest in the industry.

The company ships its products in over 17 languages through a network of more than 160 distributors in 70 countries worldwide. Corel is traded on the Toronto Stock Exchange (symbol:COS) and the NASDAQ™ National Market System (symbol:COSFF). For more information visit Corel's home page on the Internet at http://www.corel.com .

About Netmosphere

Netmosphere's charter is to develop real-time communication and collaboration software for dynamic projects. Netmosphere's solutions connect the organization across geography for business success. Founded in February 1996, Netmosphere is privately held and based in San Mateo, Calif. For more information, visit its web site at http://www.netmosphere.com .