Corel do not support PhotoImpact X3 and refer to it as a legacy program. They would not let me register a new OEM version for this reason. In fact I couldn't get it to work on Windows 7 anyway and the program compatability feature showed that it is not compatible.
If you manage to download a trial copy of PhotoImpact X3 you will find that it is timestopped and will not work without an activation code. This costs money and will be money wasted if you succeed in activating the program as it will not work.
The Corel news release above dates from 2008 and is now redundant.