| Adobe and Documentum Expand Alliance to Create Business Process Management Solutions | |||
Companies to Fully Integrate Documents and Forms with Enterprise Content Management to Automate Business Transactions SAN JOSE, Calif. — April 7, 2003 (NASDAQ: ADBE) — Adobe Systems Incorporated, the leader in network publishing, and Documentum (NASDAQ: DCTM), the leading provider of enterprise content management (ECM), today announced a strategic alliance to develop business process management solutions for the enterprise. As a result of the expanded alliance, the two companies are working to integrate the Adobe® Form solutions with the Documentum ECM platform to automate and manage document-intensive business processes across all major regulated industries, including financial services, manufacturing and government. Businesses and governments are suffering from inefficiencies associated with paper-based processes that aren't currently automated. Adobe and Documentum are working together to address the challenges of managing the information flow between documents, forms and business processes throughout the extended enterprise. "Global companies turn to Documentum to provide a full range of content management functionality in a single, scalable platform," said Rob Tarkoff, executive vice president and chief strategy officer for Documentum. "Together, Adobe and Documentum provide enterprise solutions that ensure the secure, reliable delivery and exchange of information across the extended enterprise. Our combined leadership in enterprise content management and document integration will let our customers further accelerate and extend business processes to realize increased operational efficiencies." Organizations are looking for solutions that help them increase productivity, improve data accuracy and lower costs through enhanced control and management of critical information and documents. For example in the financial services industry, increasing demands from customers for self-service options for processes, such as completing loan applications and opening bank accounts, are driving organizations to create solutions that integrate documents with business transactions. "Adobe and Documentum are experts at integrating document-based processes and content, enabling organizations to engage in unique customized workflows with more secure and reliable document exchange, across a wide range of platforms and devices," said Ivan Koon, senior vice president, ePaper Business Unit at Adobe. "Our joint customers will reap the benefits of intelligent forms integrated with a unified enterprise platform that supports content and collaborative initiatives across the extended enterprise. This is an exciting step in the continued relationship between our two companies." Forward Looking Statements DisclosureThis press release contains forward looking statements, including those related to revenue, earnings per share, expenses, margins, profitability and product releases, 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: adverse changes in general economic or political conditions in any of the major countries in which we do business; introduction of new products by existing and new competitors; delays in shipment of our new products or major new versions of existing products; difficulties in transitions to new markets, including the enterprise, government, corporate business and consumer markets; inability to attract and retain key personnel; lack of market acceptance of new products and upgrades; weakness in demand for application software, computers, and printers; downward sales price adjustments; intellectual property disputes and litigation; industry transitions to new business models; renegotiation or termination of royalty or intellectual property licensing arrangements; changes in accounting rules; and market risks associated with our equity investments. For further discussion of these and other risks and uncertainties, individuals should refer to the Company's SEC filings, including the 2002 annual report on Form 10-K and quarterly reports on Form 10-Q to be filed in 2003. The Company does not undertake an obligation to update forward looking statements. About Documentum Documentum provides enterprise content management (ECM) solutions that enable organizations to unite teams, content and associated business processes. Documentum's integrated set of content, compliance and collaboration solutions support the way people work, from initial discussion and planning through design, production, marketing, sales, service and corporate administration. With a single platform, Documentum enables people to collaboratively create, manage, deliver and archive the content that drives business operations, from documents and discussions to email, Web pages, records and rich media. The Documentum platform makes it possible for companies to distribute all of this content in multiple languages, across internal and external systems, applications and user communities. As a result, Documentum's customers, which include thousands of the world's most successful organizations, harness corporate knowledge, accelerate time to market, increase customer satisfaction, enhance supply chain efficiencies and reduce operating costs, improving their overall competitive advantage. For more information, visit Documentum on the Web at www.documentum.com. About Adobe Systems Incorporated Founded in 1982, Adobe Systems Incorporated (www.adobe.com), the leader in network publishing, offers a comprehensive line of software for enterprise and creative professional customers. Its products enable customers to create, manage and deliver visually rich, compelling and reliable content. Based in San Jose, Calif., Adobe is one of the world's largest software companies. ### © 2003 Adobe Systems Incorporated. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners. | Press/Analyst Contacts | ||