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SYMANTEC ANNOUNCES FINANCIAL RESULTS FOR SEPTEMBER QUARTER

 CUPERTINO, Calif., Oct. 25 /PRNewswire/ -- Symantec Corporation (NASDAQ: SYMC) today announced that revenues for its September quarter of fiscal year 1994 were $58.0 million, an increase of 19 percent or $9.3 million compared to the comparable period a year ago. The second fiscal quarter ended October 1, 1993.
 Net income for the quarter was $2.4 million compared to a net loss of $6.1 million in the September quarter of fiscal year 1993. Earnings per share were $0.09 on 28.1 million shares, compared with a loss per share before acquisition and restructuring expenses of $0.24 on 25.5 million shares outstanding in the September 1992 quarter. In the September 1992 quarter, the company incurred $8.1 million in costs associated with acquisitions and restructuring.
 SYMANTEC CORPORATION
 Q2 Q2
 FY94 FY93
 (in millions, except per share data)
 Net revenues $58.0 $48.7
 Operating income (loss) before acquisition,
 restructuring and other expenses $ 3.8 ($ 9.2)
 After-tax income (loss) before acquisition,
 restructuring and other expenses $ 2.4 ($ 6.1)
 After-tax income (loss) per share before acquisition,
 restructuring and other expenses $0.09 ($0.24)
 Net income (loss) $ 2.4 ($11.7)
 Net income (loss) per share $0.09 ($0.46)
 "Our growth this quarter was due to the release of several important products, including Q&A for Windows, Symantec C++ Professional 6.0 and The Norton AntiVirus 3.0," said Gordon E. Eubanks, Jr., Symantec's president and CEO. "We have also entered the network utilities market with the introduction of The Norton AntiVirus for NetWare and The Norton Administrator for Networks."
 New Products and Acquisition Announced
 During the September quarter, Symantec released several major products that reflect its evolution from desktop applications to broader, enterprise-wide solutions. These include the Norton AntiVirus for NetWare, which protects DOS, Windows and Macintosh files across the network, and The Norton Administrator for Networks, a network utility that automates key LAN administration tasks such as software and hardware inventory, software distribution, and license monitoring and metering. The acquisition of Fifth Generation Systems, announced during the September quarter, contributes core network technology and complements the enterprise management product development in the Norton group. Fifth Generation Systems, Inc., based in Baton Rouge, LA, develops and markets utilities for DOS, Windows, OS/2, UNIX, Macintosh and NetWare operating systems. The acquisition was completed on October 4, 1993. Symantec also released The Norton AntiVirus 3.0, state-of-the-art protection that identifies and repairs both known and unknown viruses in DOS and Windows files.
 In addition, the company remained committed to cross-platform applications with the release of Q&A 4.0 for Windows, ACT! for Macintosh version 1.1 and Symantec C++ Professional 6.0. Q&A for Windows is a new version of the award-winning DOS database program. With ACT! for Macintosh, users can manage their business relationships using its integrated contact database, activity scheduler, report generator and word processor. Symantec also shipped Symantec C++ 6.0 Professional, which provides programmers with a breakthrough development and debugging environment for DOS, Windows and Win32s.
 Symantec Corporation develops, markets and supports a complete line of application and system software products for IBM personal computers and compatibles, and Apple Macintosh computers. Founded in 1982, the company has offices in the United States, Canada, Australia and Europe. Information on the company and its products can be obtained by calling 800-441-7234 toll free, or 503-334-6054.
 Brands and products referenced herein are the trademarks or registered trademarks of their respective holders.
 -0- 10/25/93
 /CONTACT: Heather Hedin of Symantec, 408-725-2733, or Rebecca Fuller of Wilson McHenry Company, 415-592-7600/
 (SYMC)


CO: Symantec Corporation ST: California IN: CPR SU: ERN

LG -- NY012 -- 6106 10/25/93 07:59 EDT
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Date:Oct 25, 1993
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