September 14, 2006
Posted by LRN Editorial Staff
Company Achieves 24 Percent Year-Over-Year Revenue Growth
SAN JOSE, Calif. — September 14, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today reported financial results for its third quarter ended September 1, 2006. The Company’s Q3 results reflect the acquisition of Macromedia in December, 2005, and are compared to pre-acquisition results of prior fiscal periods as applicable.
In the third quarter of fiscal 2006, Adobe achieved revenue of $602.2 million, compared to $487.0 million reported for the third quarter of fiscal 2005 and $635.5 million reported in the second quarter of fiscal 2006. On a year-over-year basis, this represents 24 percent revenue growth. Adobe’s third quarter revenue target range was $580 to $610 million.
September 12, 2006
Posted by LRN Editorial Staff
Integrated Photo and Video Functionality Offers More Ways to Make and Share Creations Just in Time for the Holidays
Press Release: SAN JOSE, Calif. – Sept. 12, 2006 – Adobe Systems Incorporated (Nasdaq:ADBE) today announced two milestone upgrades to its digital photo and video products for consumers, Adobe® Photoshop® Elements 5.0 for Windows® and Adobe Premiere® Elements 3.0 for Windows. The unique integrated functionality of the products allows users to do more with their photos and videos, whether adding impact to photo slideshows with video effects and transitions, providing dramatic pauses to videos with freeze frame effects or creating professional-looking printed CD/DVD labels and covers.
August 11, 2006
Posted by LRN Editorial Staff
Viacom to Leverage Adobe’s Engagement Platform for Creating and Delivering Digital Experiences Online and On the Go
Press Release: NEW YORK and SAN JOSE, Calif. — Aug. 10, 2006 — Viacom, Inc. (NYSE: VIA, VIA.B) and Adobe Systems Incorporated (Nasdaq:ADBE) today announced a strategic alliance to develop and deliver Viacom’s exclusive branded content using the Adobe® Engagement Platform. Through this agreement, Adobe will become Viacom’s preferred technology provider for rich media authoring tools and interactive online video solutions, enabling Viacom to deliver content from its television, motion picture and digital properties to online and mobile audiences in compelling ways. The two companies will also work together in developing new media applications leveraging Viacom’s exclusive content and using Adobe’s next-generation developer tools and ubiquitous cross-platform client software.
July 31, 2006
Posted by LRN Editorial Staff
Adobe Photoshop Elements and Premiere Elements will now be available on Lenovo PCs sold to education customers in the U.S.M
Press Release: SAN JOSE, Calif. — July 31, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) and Lenovo today announced an agreement to deliver digital imaging and video solutions to educational institutions. Under the terms of the agreement, Lenovo will include Adobe® Photoshop® Elements 4.0 and Premiere Elements 2.0 software on ThinkPad® laptop, tablet and ThinkCentre® desktops it sells in the U.S. education market.
July 21, 2006
Posted by LRN Editorial Staff
1,800 College Students from 24 Countries Competed in Sixth Annual Awards Program
Press Release: SAN JOSE, Calif. — July 21, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today announced the winners of the sixth annual Adobe Design Achievement Awards, the premier student design competition that honors the world’s most talented student graphic designers, photographers, illustrators, animators, digital filmmakers and computer artists from the top design, film and broadcast institutions. Using the latest Adobe products, more than 1,800 students from 24 countries competed in the annual program.
July 6, 2006
Posted by LRN Editorial Staff
Adobe San Jose Headquarters Recognized for Energy and Environmental Design Excellence
Press Release: SAN JOSE, Calif. — July 3, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today announced the U.S. Green Building Council (USGBC) has awarded a Leadership in Energy and Environmental Design (LEED®) Platinum certification for Adobe’s West Tower headquarters building in downtown San Jose. The Adobe tower is the world’s first commercial office building to earn this highest recognition possible for energy and environmental design excellence under the USGBC’s permanent LEED Existing Building (LEED-EB) standard.
June 26, 2006
Posted by LRN Editorial Staff
Adobe Further Extends Leadership in Digital Photography Raw File Workflows
Press Release: SAN JOSE, Calif. — June 26, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today announced it has acquired the technology assets of Pixmantec ApS, makers of digital imaging software that provides advanced workflow management and processing capabilities for digital camera raw files. The acquisition strengthens Adobe’s leadership position in raw processing. Terms of the acquisition were not disclosed.
June 16, 2006
Posted by LRN Editorial Staff
Stephen Elop to Remain with Adobe Through the End of Fiscal Year
Press Release: SAN JOSE, Calif. — June 15, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today announced that Stephen Elop, president, worldwide field operations, will leave the company at the end of the fiscal year. Elop, former CEO of Macromedia, is responsible for the company’s global sales organization including field marketing, customer care and professional services.
June 16, 2006
Posted by LRN Editorial Staff
Company Achieves Profitability Targets On Lower Than Expected Revenue
Press Release: SAN JOSE, Calif. — June 15, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today reported record financial results for its second quarter ended June 2, 2006. The Company’s Q2 results reflect the acquisition of Macromedia in December, 2005, and are compared to pre-acquisition results of prior fiscal periods as applicable.
June 13, 2006
Posted by LRN Editorial Staff
Adobe Incorporates Early Testers’ Feedback and Additional Raw File Support in Updated Beta
Press Release: SAN JOSE, Calif. — June 13, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today announced an update to the public beta of Adobe Lightroom, an all-new digital imaging workflow solution for professional photographers that allows them to import, select, develop and showcase large volumes of images. The latest version adds features suggested by beta testers that allow greater control over export size and resolution, refined metadata selection with print output and RGB value readouts for greater editing precision.
