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Investor Relations

First Quarter Fiscal 2008 Earnings Conference Call

Legal disclaimer

The information contained in the broadcast of Adobe Systems Incorporated's conference call held on March 18, 2008 at 2:00 p.m. Pacific Time speaks of that date. Investors should not assume that these comments remain operative at a later time.

This Webcast and archive contain forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially.

Factors that might cause or contribute to such differences include, but are not limited to: delays in development or shipment of Adobe’s new products or major new versions of existing products, introduction of new products and business models by existing and new competitors, failure to successfully manage transitions to new business models and markets, failure to anticipate and develop new products and services in response to changes in demand for application software and software delivery, computers, printers, or other non PC-devices, adverse changes in general economic or political conditions in any of the major countries in which Adobe does business, difficulty in predicting revenue from new businesses, costs related to intellectual property acquisitions, disputes and litigation, inability to protect Adobe’s intellectual property from unauthorized copying, use, disclosure or malicious attack, failure to realize the anticipated benefits of past or future acquisitions and difficulty in integrating such acquisitions, changes to Adobe’s distribution channel, disruption of Adobe’s business due to catastrophic events, risks associated with international operations, fluctuations in foreign currency exchange rates, changes in, or interpretations of, accounting principles, impairment of Adobe’s goodwill or intangible assets, unanticipated changes in, or interpretations of, tax rules and regulations, Adobe’s inability to attract and retain key personnel, market risks associated with Adobe’s equity investments, and interruptions or terminations in Adobe’s relationships with turnkey assemblers. For further discussion of these and other risks and uncertainties, individuals should refer to Adobe’s SEC filings.

The financial information set forth in this Webcast and archive reflect estimates based on information available at this time.  These amounts could differ from actual reported amounts stated in Adobe’s Quarterly Report on Form 10-Q for the first quarter ended February 29, 2008, which the Company expects to file in April, 2008.  Adobe does not undertake an obligation to update forward looking statements.

For further discussion of these and other risks and uncertainties, individuals should refer to Adobe's SEC filings, including the 2007 annual report on Form 10-K and quarterly reports on Form 10-Q to be filed in 2008.