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Stock Symbol: ADBE

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Business Description
Adobe Systems Incorporated builds software solutions for network publishing, including Web, print, e-paper, video, wireless and broadband applications. Its graphic design, imaging and dynamic media authoring tools enable customers to create, manage and deliver visually rich, reliable content. The Company licenses its technology to major hardware manufacturers, software developers and service providers, and it offers integrated software solutions to businesses of all sizes. Adobe distributes its products through a network of distributors and dealers, value-added resellers (VARs), systems integrators and original equipment manufacturers (OEMs); direct to end users through Adobe call centers, and through its own Website, www.adobe.com. The Company has operations in the Americas, Europe, the Middle East, Africa and Asia. Its software runs on Microsoft Windows, Apple Macintosh, Linux, UNIX, Palm OS and Pocket PC platforms.

Financial Information
Adobe Systems, Inc. is a provider of graphic design, publishing, and imaging software for Web and print production. The Company offers a line of software products application for managing information of all types. For the 39 weeks ended 8/30/02, revenues fell 10% to $870.1 million. Net income fell 12% to $151.3 million. Results reflect lower Photoshop sales, the weakness in the professional web layout and web animation markets and a $5.8 million in-process R and D charge.

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