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SAN FRANCISCOMay 2, 2002Macromedia, Inc. (Nasdaq:MACR)
today announced that a jury ruled in favor of Adobe
Systems, Inc. in its patent infringement suit against
Macromedia. The verdict included a damage award of
$2.8 million. Macromedia expects no material impact
from this judgment on the Company's financial condition
or market leadership.
"It is unfortunate, and we believe wrong, that
Adobe has chosen this field to compete. Ultimately,
it is our customers, and particularly our mutual customers,
that will be harmed," said Rob Burgess, chairman
and CEO, Macromedia. "Nonetheless, we have no
choice but to protect our right to innovate and must
defend ourselves on this playing ground."
In August 2000, Adobe filed suit against Macromedia
in the U.S. District Court of Delaware. Macromedia
filed counterclaims of patent infringement in response
to Adobe's lawsuit in the U.S. District Court of Delaware
in September 2000. Macromedia will be presenting its
case as it relates to its patents beginning on Monday,
May 6, 2002. In October 2001, Macromedia brought a
patent infringement suit against Adobe in the Northern
District of California relating to additional patents
that Macromedia believes that Adobe infringes.
Except for the historical information contained herein,
matters discussed in this news release may be considered
forward looking statements that involve risks and
uncertainties, including those related to customer
acceptance of new products and services and new versions
of existing products, the impact of competition, the
risk of delay in product development and release dates,
the potential for unpredictable outcomes related to
litigation, risks of product returns, and the other
risks detailed from time to time in the Company's
SEC reports, including without limitation its quarterly
reports on Form 10-Q and its annual report on Form
10-K for the year ended March 31, 2001 as they may
be updated or amended with future filings. The actual
results the Company achieves may differ materially
from any forward looking statements due to such risks
and uncertainties. The Company assumes no obligation
to update the forward looking information contained
in this press release, except as otherwise required
by law.
ABOUT MACROMEDIA
Macromedia www.macromedia.com empowers
millions of designers and developers to create effective
user experiences across the widest array of platforms
and devices. Through an open, integrated family of
client, tool, and server technologies, Macromedia
is driving a new generation of rich Internet applications
that will radically improve the Internet experience.
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