Adobe Acquires Leading Audio Application and Technology from Syntrillium Software

SAN JOSE, Calif. - (NASDAQ: ADBE) - Adobe Systems Incorporatedannounced an agreement to acquire the technology assets of SyntrilliumSoftware, a leader in digital audio tools. Syntrillium's flagshipproduct, Cool Edit Pro, will join the company's existing line ofprofessional digital video products that include Adobe Premiere, AdobeAfter Effects, Adobe Encore DVD and Adobe Photoshop. Terms of theagreement were not disclosed. Adobe expects that the acquisition willnot have a material impact to earnings per share in Q203 or FY03.

"Cool Edit Pro has won recognition across the music and videoindustries, and by teaming-up with Adobe we will be able to bring thiscomplete multi-track recording application to an expanded set ofcustomers," said Bob Ellison, president of Syntrillium. "IntroducingCool Edit Pro into the Adobe family is great news for our customers,who will benefit from the company's complementary product line andcommitment to delivering high quality products."

"Cool Edit Pro's loyal customers, that span musicians to broadcastprofessionals, can look forward to us building on the product'sinnovative history. Today, professional audio editing is essential todigital video and DVD production, and by adding Cool Edit Pro to ourproduct line, Adobe is delivering a complete workflow for video prosand DVD authors," said Bryan Lamkin, senior vice president of DigitalImaging and Video Products at Adobe. "The introduction of Adobe EncoreDVD and our acquisition of this outstanding audio applicationdemonstrate our intention to put the best DV tools in the hands of PCusers worldwide."

An award-winning application since its introduction in 1997, CoolEdit Pro is packed with features essential to professional digitalaudio production, yet retains the ease of use that has won favor with alarge community of users. Features include support for up to 128 audiotracks; advanced loop mixing; unmatched wave editing power;professional DSP effects, mastering and analysis tools; audiorestoration; a multi-channel encoder for surround sound; as well asDirectX, MIDI and video support. During the transition, Syntrilliumproducts can still be purchased from the company's website at www.syntrillium.com.