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Business Description
Autodesk, Inc. is a design software and digital content company with two operating segments, Design Solutions and Discreet. The principal products sold by the Design Solutions segment include AutoCAD and AutoCAD LT products. In addition to software products, the segment offers a range of services, including consulting, support and training. The Discreet segment develops, integrates, markets, sells and supports film and television compositing systems, High-Definition and Standard-Definition broadcast editorial and finishing systems, Digital Cinema production systems for color grading and film finishing and animation, visualization and streaming media products. In addition to the customers served by the two operating segments, the Company's Location Services division offers a technology platform designed to deliver location-based applications to wired, mobile and wireless users.

Financial Information
For the fiscal year ended 1/31/05, net revenues rose 30% to $1.23 billion. Net income increased 84% to $221.5 million. Revenues reflect strong new seat, upgrade and subscription sales. Higher income also reflects higher gross margins and improved productivity and efficiency.