For Immediate Release
Adobe Video Collection 2.5 and Updated Digital Video Products Now Shipping

All-New Adobe Premiere Pro 1.5, Adobe After Effects 6.5, Adobe Audition 1.5 and Adobe Encore DVD 1.5 Mark Major Upgrade to Digital Video Line-up

SAN JOSE, Calif. — May 24, 2004 — Adobe Systems Incorporated (Nasdaq:ADBE) today shipped the Adobe® Video Collection 2.5 - Standard and Professional editions - featuring new versions of its award-winning digital video products. Adobe Video Collection 2.5 includes all-new versions of Adobe Premiere® Pro 1.5, Adobe After Effects® 6.5, Adobe Audition™ 1.5 and Adobe Encore™ DVD 1.5, products that are also available for individual purchase. With extensive cross-product integration and performance enhancements, Adobe's upgraded video line-up introduces more than 200 innovative new features, including advanced support for high-definition (HD) video in Adobe Premiere Pro 1.5.

Enhanced integration and common interface elements make working in Adobe Video Collection 2.5 easier and more productive. For example, Adobe Premiere Pro 1.5, After Effects 6.5 and Adobe Encore DVD 1.5 integrate with the essential Adobe Photoshop® CS capabilities, including nested layer sets and non-square pixel support. Users can easily work between After Effects and Adobe Premiere Pro 1.5 with new copy and paste functionality and features in Adobe Audition 1.5, such as Frequency Space Editing, allow customers to enhance soundtracks for professional video productions. Adobe Encore DVD users can send Photoshop menus to After Effects to create unique motion menus. Adobe Encore DVD also recognizes timeline markers created in After Effects 6.5 and Adobe Premiere Pro 1.5 AVI and MPEG-2 files, giving users the option to convert markers to DVD chapter points.

The Adobe Video Collection 2.5 is available in two versions, Standard and Professional. Adobe Video Collection Standard includes Adobe Premiere Pro 1.5, After Effects 6.5 Standard, Adobe Audition 1.5, and Adobe Encore DVD 1.5. The Professional edition of Adobe Video Collection upgrades After Effects 6.5 to the Professional edition and adds Photoshop CS.

Pricing and Availability
Standard and Professional editions of the Adobe Video Collection 2.5 for Windows XP® are available for the estimated street price of US$999 and US$1499, respectively. Customers who owned the previous version of Adobe Video Collection Standard or Professional editions are eligible to upgrade for US$249. Customers who own an individual point product can upgrade to Adobe Video Collection Standard for $799. Customers who own a previous version of Adobe Video Collection Standard can upgrade to the new Professional edition for US$799.

Adobe Premiere Pro 1.5 for Windows XP is available for an estimated street price of US$699. Registered users of Adobe Premiere Pro can upgrade to Adobe Premiere Pro 1.5 for US$99. Registered users of Adobe Premiere 6.5 or earlier can upgrade to Adobe Premiere Pro 1.5 for US$199. Adobe Premiere Pro customers can now download a limited version of Red Giant Software's Magic Bullet Movie Looks when they register a copy of Adobe Premiere Pro online. For additional information on Movie Looks, visit www.redgiantsoftware.com/movielooks.html.

After Effects 6.5 for Windows® 2000, Windows XP®, and Mac OS® X is available for the estimated street price of US$699 for Standard edition and US$999 for Professional edition. Registered users of either version of After Effects 6.0 can upgrade to the new version for US$99. For more information on upgrades from previous After Effects versions, visit www.adobe.com/aftereffects.

Adobe Audition 1.5 for Windows® 2000 and Windows XP® is now available for the estimated street price of US$299. Registered users of Adobe Audition 1.0 or Cool Edit Pro 2.x can upgrade for US$69. Registered users of Cool Edit Pro 1.x or Cool Edit 2000 can upgrade to the new version for US$169.

Adobe Encore DVD 1.5 for Windows XP® is now available for an estimated street price of US$549. Registered users of Adobe Encore DVD 1.0 can upgrade to the new version for US$99.

Information about new features, pricing, support policies, and other language versions is available online at www.adobe.com/motion. Available from Adobe certified resellers, as well as through licensing and education programs, customers in North America can call 1-888-724-4507 for additional product and sales information.

About Adobe Systems Incorporated
Adobe helps people and businesses communicate better through its world-leading digital imaging, design and document technology platforms for consumers, creative professionals and enterprises. Adobe's revenue in its last fiscal year exceeded $1.2 billion. For more information about Adobe, visit www.adobe.com.

###

© 2004 Adobe Systems Incorporated. All rights reserved. Adobe, Adobe Audition, Adobe Encore, Adobe Premiere, Adobe Video Collection, the Adobe logo, After Effects and Photoshop 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
Russell Brady
Adobe Systems Incorporated
408-536-6048
rbrady@adobe.com

Molly McKinley
A&R Partners
919-401-8052
mmckinley@arpartners.com