Adobe and SAP Alliance to Deliver Next Generation Print and Forms Technology for SAP Solutions.

Business Editors/High-Tech Writers

SAPPHIRE 2003

ORLANDO, Fla.--(BUSINESS WIRE)--June 17, 2003

New Technology to be Essential Component and Available in All

SAP(R) Applications

Today at SAPPHIRE(R), Adobe Systems Incorporated (NASDAQ:ADBE), announced that the Adobe and SAP (NYSE:SAP) alliance will be delivering joint print and forms solutions aimed at helping SAP customers further improve the efficiency of communications across the entire value chain. Over the coming months, SAP expects to deliver solutions and other applications that leverage this jointly developed offering.

"Documents are one face every organization puts on data to turn it into information people can work with," said Shai Agassi, executive board member, SAP. "The SAP and Adobe alliance is helping customers realize the benefits of lowering TCO and increasing productivity by implementing SAP solutions, through the power of SAP NetWeaver(TM), that bring manual document processes on line in an error free manner."

Whether forms, letters or reports, paper or electronic, documents are a critical point of connection between the information and services companies offer to employees, customers and partners. The SAP and Adobe alliance is addressing key problem areas facing enterprises today such as automating forms, eliminating paper, and keeping compliant with government initiatives.

SAP and Adobe joint solutions leverage the ubiquitous Adobe Reader, allowing SAP customers to reliably reach the extended enterprise. Now, SAP solutions will have the extended capabilities of connecting documents and people in a way that is integrated, actionable and interactive - both on and off line.

"Making documents and the information contained in them more 'intelligent' and easily integrated into core applications is the business-critical step the SAP and Adobe alliance is addressing for customers," said Shantanu Narayen, executive vice president of Adobe Systems. "Building on the global agreement announced at SAPPHIRE(R) '02, SAP and Adobe are helping customers realize the benefits of enabling customers to accelerate data in and out of systems, while reliably presenting information to users in and outside the firewall."

At SAPPHIRE Orlando, this week, attendees will see pilot demonstrations of these solutions. These solutions will be available for selected pilot tests by the end of this year.

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.

Forward Looking Statements Disclosure

This 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.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's Annual Report on Form 20-F for 2002 filed with the SEC on March 21, 2003. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

SAP, SAPPHIRE, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies.

Adobe, 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.