Software Industry Announcements and News
Adobe Reports Record Quarterly and Annual Revenue
[ No Comments ] Posted on 12.17.08 under Desktop Publishing
Company Achieves 13 Percent Annual Growth
SAN JOSE, Calif.–(BUSINESS WIRE)–Adobe Systems Incorporated (Nasdaq:ADBE) today reported financial results for its fourth quarter and fiscal year ended Nov. 28, 2008.
In the fourth quarter of fiscal 2008, Adobe achieved record revenue of $915.3 million, compared to $911.2 million reported for the fourth quarter of fiscal 2007 and $887.3 million reported in the third quarter of fiscal 2008. The Company’s reported fourth quarter revenue was slightly above the preliminary revenue range of $912 million to $915 million it provided on Dec. 3, 2008.
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Corel Corporation Updates Guidance for Fourth Quarter 2008 Results
[ No Comments ] Posted on 12.17.08 under Desktop Publishing
OTTAWA–(BUSINESS WIRE)–Corel Corporation (NASDAQ:CREL) (TSX:CRE) today updated its financial guidance for the fourth quarter ended November 30, 2008.
Based on preliminary results, Corel believes it will achieve fourth quarter fiscal 2008 revenue in the range of $68.5 million to $69.5 million. The Company also believes that it will achieve GAAP net income in the range of $(2.1) million to $(0.1) million and non-GAAP adjusted net income in the range of $7.6 to $9.6 million. The Company anticipates GAAP diluted earnings per share in the range of $(0.08) to $0.00 and non-GAAP diluted earnings per share in the range of $0.29 to $0.37. These financial results were prepared by management of the Company and are unaudited.
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Adobe Issues Call for Entries for 2009 Adobe Design Achievement Awards
[ No Comments ] Posted on 12.07.08 under Desktop Publishing
Partnership with International Council of Graphic Design Associations for Awards Ceremony Expands Global Recognition
SAN JOSE, Calif.–(BUSINESS WIRE)–Adobe Systems Incorporated (Nasdaq:ADBE) today announced the call for entries for the ninth annual Adobe Design Achievement Awards (ADAA). The premiere competition honors the best student graphic designers, photographers, illustrators, animators, digital filmmakers, developers and computer artists from accredited higher education institutions worldwide. Now in partnership with the International Council of Graphic Design Associations (Icograda), the awards ceremony will be held during the Icograda World Design Congress in Beijing, China in October 2009. The Congress will bring together 2,500 delegates from around the globe at the China National Convention Center, located in the heart of the Beijing Olympic Green.
“Adobe is always inspired by the tremendous creativity that we see in Adobe Design Achievement Awards submissions,” said Ann Lewnes, senior vice president of corporate marketing at Adobe. “Our partnership with Icograda will help us showcase breakthrough talent on a global stage, and preview the bright future of interactive design.”
“Communication designers play a critical role in developing messages that influence social and commercial perceptions,” said Professor Don Ryun Chang, president of Icograda. “We are excited to partner with Adobe for the prestigious Adobe Design Achievement Awards ceremony, which recognizes design innovation and encourages unrelenting progress in the field of graphic design and visual communication.”
As demand increases for talented designers and developers in the interactive design and development fields, the Adobe Design Achievement Awards spotlight the talented work of students in three media categories: Interactive Media, Motion Media, and Traditional Media.
– Interactive Media categories include Browser-Based Design, Non-Browser Based Design, Application Development, Installation Design and Mobile Design.
– Motion Media categories include Animation, Live Action and Motion Graphics.
– Traditional Media categories include Illustration, Packaging, Photography, and Print Communications.
Open to students in 40 countries, the contest also draws attention to interactive design and development programs at some of the best accredited higher education institutions. Students are invited to submit projects through the Adobe Design Achievement Awards website. From the website, visitors will also be able to access ADAA Live!, an interactive website that lets visitors see participants submitting projects in real-time.
“I was honored to be a finalist in the Adobe Design Achievement Awards animation category in 2007,” said Johnny Kelley, who recently completed a two-year MA in Animation at The Royal College of Art. “My achievement in this awards competition will continue to benefit me professionally as I look forward to a long career creating compelling animations with Adobe solutions.”
The 2009 Adobe Design Achievement Awards entries will be reviewed and scored by an independent panel of distinguished judges. Judges include: Leimei Julia Chui (Japan), director of global communications for the International Design Center NAGOYA (IdcN); Louis Gagnon (Canada), co-founder of Paprika Communications; Cristina Chiappini (Italy), founder of her own Rome-based consultancy; Garth Walker (South Africa), founder of Orange Juice Design, a creative firm serving many of South Africa’s best known corporate and consumer brands; Tarek Atrissi (The Netherlands), a principal of his own design studio and teacher in the department of Art, Media and Technology at the Utrecht School of the Arts in Holland; Kyle Kim (Korea), a professor at the School of Design, Hongik University and cofounder of design firm UM & Partners; and Lance Wyman (US) principal of his own New York environmental graphic design office.
Submissions will be accepted online through June 5, 2009. The online submissions will be judged digitally in June. For the final phase of judging, semifinalists will be asked to submit their source files and a physical aspect of their entry as it is meant to be viewed. Finalists will be invited to Beijing, China and the Icograda World Design Congress and awarded software and cash prizes.
For more information regarding the 2009 Adobe Design Achievement Awards, visit www.ADAAentry.com.
About Adobe Systems Incorporated
Adobe revolutionizes how the world engages with ideas and information – anytime, anywhere and through any medium. For more information, visit www.adobe.com.
About Icograda
Icograda (International Council of Graphic Design Associations) is the world body for professional communication design. Founded in 1963, Icograda promotes communication designers’ vital role in society and commerce. For more information, visit www.icograda.org.
Corel WordPerfect Office X4 Service Pack Now Available
[ No Comments ] Posted on 12.05.08 under Business, Desktop Publishing
Offers Performance and Compatibility Enhancements Plus Paradox® X4 Optimized for Windows Vista
Ottawa, ON (PRWEB) December 4, 2008 — Corel Corporation (NASDAQ: CREL; TSX: CRE) today released WordPerfect Office X4 Service Pack 1 (SP1), the latest update to the world’s leading alternative to Microsoft Office. Now available for download, SP1 offers enhanced compatibility with Microsoft Office and support for the latest version of IFilter. In addition, Corel has also released a special update for Paradox X4 that optimizes the database application to work with Windows Vista®.
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Adobe Provides Preliminary Q4 Fiscal 2008 Results
[ No Comments ] Posted on 12.05.08 under Desktop Publishing
Company Announces Restructuring to Reduce Expenses; Provides Q1 FY2009 Targets
SAN JOSE, Calif.–(BUSINESS WIRE)–Adobe Systems Incorporated (Nasdaq:ADBE) today provided preliminary financial results for its fourth quarter ended Nov. 28, 2008.
Based on preliminary Q4 financial information, Adobe believes it will achieve fourth quarter fiscal 2008 revenue in the range of $912 million to $915 million. The Company also believes it will achieve GAAP diluted earnings per share in the range of $0.45 to $0.46, and non-GAAP diluted earnings per share in the range of $0.59 to $0.60. The GAAP and non-GAAP diluted earnings per share estimates include two favorable tax items: a current quarter catch-up related to the reinstatement of the U.S. research and development credit and a favorable tax court settlement, which increased Q4 estimated GAAP and non-GAAP diluted earnings per share ranges by approximately $0.05.
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Adobe Announces 2008 MAX Awards Winners
[ No Comments ] Posted on 11.26.08 under Desktop Publishing
SAN FRANCISCO–(BUSINESS WIRE)–Adobe Systems Incorporated (Nasdaq:ADBE) today announced the winners of the 2008 MAX Awards. Now in its sixth year, the global awards program recognizes innovative applications of Adobe software for creating engaging experiences. Adobe received more than 700 entries from 30 countries in six categories. Finalists in each category also competed for a People’s Choice Award selected by visitors to the MAX Awards Finalist Gallery Web site.
“I’m always inspired by how our customers continue to push the boundaries with our tools,” said Kevin Lynch, senior vice president and chief technology officer. “This year’s finalists are true groundbreakers whose work is transforming how designers and developers create applications and content to engage audiences worldwide.”
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