Corel(R) Launches New Template Trading Site for VideoStudio(R) Pro X4

OTTAWA, ONTARIO--(Marketwire - May 18, 2011) -

Editors Note: There is a photo associated with this press release.

Corel® today introduces PhotoVideoLife.com, a new web community where Corel® VideoStudio® Pro X4 users can share and trade video templates and content. An extension of the Corel Guide included in VideoStudio Pro X4, PhotoVideoLife.com provides users with extra tips, tricks and tutorials as well as product updates, news and commentary. PhotoVideoLife's ongoing goal is to make the movie-making process faster, easier and more fun for X4 users.

"VideoStudio fans love movie templates, and why not? They make any video project faster, easier and more enjoyable," said Greg Wood, Senior Product Marketing Manager for VideoStudio. "These templates, combined with X4's effects, ease-of-use and speed will help make the creation process even smoother. When you start with a good looking template and a bit of know-how, it's easy to create a funny video for a friend, a recap of a family weekend, or a video blog, in just a few minutes. Making video editing easier and more fun is exactly why we created PhotoVideoLife for our users."

PhotoVideoLife Details:

New movie template trading site PhotoVideoLife.com enables users to:

• Browse and select templates to quickly build your video production
• Provide an exciting new look to an existing video production
• Upload your own video creations to share with other users
• Read the PhotoVideoLife blog to help get the most out of VideoStudio Pro X4
• Participate in the PhotoVideoLife blog by leaving comments and helpful advice for other VideoStudio Pro X4 users
• Link to Corel support options and learning resources

About Corel VideoStudio Pro X4

Launched in February 2011, VideoStudio Pro X4 is the newest version of Corel's consumer video editing software. It pushes the performance envelope by delivering increased speed and usability as well as cool creative tools like Stop Motion, Timelapse and drag and drop templates.

"We believe that VideoStudio Pro X4 is a big step forward in making video editing easier and more fun, regardless of your experience," explained Wood. "The VideoStudio team wants to help our users reach their creative potential by giving them powerful tools that are simple and fun to use, plus the knowledge to apply them with confidence."

To download a free, fully-functional trial version, or for more information about Corel VideoStudio Pro X4, please visit www.corel.com/videostudio.

Media & Blogger Resources

For additional Corel VideoStudio Pro X4 resources including reviewer's materials, images and videos, please visit www.corel.com/newsroom/videostudio.

Join the VideoStudio Community

• Connect with VideoStudio users on Facebook http://www.facebook.com/corelvideostudio

• Follow our Twitter updates at @videostudio

• Join our community at PhotoVideoLife.com

About Corel

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®, Corel® Painter™, Corel DESIGNER®, Corel® PaintShop Photo®, Corel® VideoStudio®, Corel® WinDVD®, Corel® WordPerfect® Office, WinZip® and Corel® Digital Studio™.

© 2011 Corel Corporation. All rights reserved. Corel, the Corel logo, the Corel Balloon logo, Corel DESIGNER, CorelDRAW, Digital Studio, PaintShop Photo, Painter, VideoStudio, WordPerfect, WinDVD and WinZip are trademarks or registered trademarks of Corel Corporation in Canada, the United States and other Countries. 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.

To view the image of the PhotoVideoLife.com banner, please visit the following link: http://www.marketwire.com/library/20110517-photovideolife800.jpg.