(Source: Business Wire)

Adobe Systems Incorporated (Nasdaq:ADBE) today provided an intra-quarter
business update for its fourth quarter ending Nov. 27, 2009.
With approximately eight weeks remaining in the quarter, Adobe announced
it believes it will achieve quarterly results within the revenue and
earnings target ranges it provided on Sept. 15, 2009. The Company's Q4
target ranges are the following: revenue of $690 to $740 million, GAAP
diluted earnings per share of $0.23 to $0.29, non-GAAP diluted earnings
per share of $0.33 to $0.39, a GAAP operating margin of 23 to 27
percent, and a non-GAAP operating margin of 33 to 36 percent.
A reconciliation between the Company's GAAP and non-GAAP financial
targets is provided at the end of this press release. The fourth quarter
financial targets do not include the impact of Adobe's acquisition of
Omniture announced Sept. 15, 2009, which is expected to close in the
fourth quarter of Adobe's 2009 fiscal year.
Adobe plans to report its fourth quarter results on Dec. 15, 2009 after
the market closes.
Company to Outline Business Strategy at Financial Analyst Meeting
Adobe's management team will discuss its vision and business strategy at
its 2009 Financial Analyst Meeting, which will be held today in Los
Angeles, CA. The meeting will be broadcast live in Adobe Acrobat Connect
Pro from Adobe's Website (http://www.adobe.com/go/analystmeeting)
beginning at 11:30 a.m. Eastern Time. For those unable to attend the
meeting or watch the Webcast, an archive of the event will be available
on Adobe's investor relations Website for a limited time.
Forward-Looking Statements Disclosure
This press release contains forward-looking statements, including those
related to revenue, operating margin and earnings per share, which
involve risks and uncertainties that could cause actual results to
differ materially.