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ALDUS ANNOUNCES THIRD-QUARTER EARNINGS, IMPROVED REVENUES

 ALDUS ANNOUNCES THIRD-QUARTER EARNINGS, IMPROVED REVENUES
 SEATTLE, Oct. 20 /PRNewswire/ -- Aldus Corp. (NASDAQ: ALDC) today announced financial results for the third quarter ended Sept. 25, 1992. The company reported revenue of $45.3 million, a 12-percent increase over revenue of $40.3 million for the same period a year ago. Net income for the quarter was $1 million, or 7 cents per share, compared with $5.5 million, or 35 cents per share, for the same period a year ago. Aldus' international revenues were 51 percent of total sales in the third quarter.
 "We are pleased that revenues improved from the second quarter in light of continued recessionary conditions and seasonally slower markets in Europe," said Bill McAleer, vice president of finance. "The increase in revenues was related to improved results from our German subsidiary, which was restructured in the third quarter, and record sales from our Pac Rim division, particularly Japan," he said.
 McAleer added that demand creation activities in the quarter generated higher worldwide sales of Macintosh products and PageMaker for Windows.
 Operating costs were higher for the quarter due to increased marketing activities, continued investment in research and development and one-time charges totaling $1.4 million. The one-time charges include domestic restructuring costs, reserves for obsolete product inventory and costs incurred in establishing the company's Irish subsidiary.
 In the third quarter, the company announced two new products, Aldus Fetch, a multi-user program for cataloging, browsing and retrieving images, and Aldus TrapWise, a color-trapping product used in the prepress process. The company also continued its share buy-back program. Of the two million shares authorized by the board of directors, 1.2 million shares have been repurchased.
 Aldus Corp. develops computer software solutions that help people throughout the world effectively communicate information and ideas.
 ALDUS CORP.
 CONSOLIDATED STATEMENTS OF INCOME
 (In thousands, except earnings-per-share data)
 Three Months Nine Months
 Sept. 25, Sept. 27, Sept. 25, Sept. 27,
 Period Ended: 1992 1991 1992 1991
 Net sales $45,306 $40,292 $128,241 $124,834
 Cost of sales 10,216 7,868 28,160 23,868
 Gross margin 35,090 32,424 100,081 100,966
 Sales and marketing 18,704 13,584 51,951 41,660
 General and
 administrative 8,532 5,842 23,344 18,098
 Software Development Costs:
 Research and development 4,701 3,320 13,295 10,308
 Amortization of capitalized
 software development costs 2,377 2,940 7,339 6,470
 Income from operations 776 6,738 4,152 24,430
 Interest income, net 936 1,250 3,262 3,697
 Other income (expense), net (147) (57) (333) 37
 Income before provision
 for income taxes 1,565 7,931 7,081 28,164
 Provision for income taxes 524 2,459 2,234 8,824
 Net income $ 1,041 $ 5,472 $ 4,847 $ 19,340
 Net income per share $ 0.07 $ 0.35 $ 0.33 $ 1.25
 Weighted average number
 of common shares 14,288 15,497 14,847 15,464
 ALDUS CORP.
 CONDENSED BALANCE SHEETS
 (In thousands)
 Sept. 25, 1992 Dec. 31, 1991
 ASSETS
 Current Assets:
 Cash and marketable securities $ 81,911 $106,215
 Accounts receivable 25,089 25,284
 Income taxes receivable -- 1,264
 Inventories 7,435 6,024
 Deferred income taxes 5,819 3,421
 Prepaid expenses 4,267 4,158
 Total current assets 124,521 146,366
 Property and equipment, net 25,431 17,556
 Other assets 21,561 14,647
 Total $171,513 $178,569
 LIABILITIES AND SHAREHOLDERS' EQUITY
 Current Liabilities:
 Short-term borrowings $ 1,658 $ --
 Accounts payable 8,211 5,290
 Accrued liabilities 17,565 12,571
 Deferred technical support revenue 1,080 1,456
 Income taxes payable 2,302 --
 Total current liabilities 30,816 19,317
 Deferred income taxes 2,042 3,923
 Shareholders Equity:
 Common stock 45,277 64,226
 Retained earnings 94,069 89,223
 Translation adjustments (691) 1,880
 Total shareholders' equity 138,655 155,329
 Total $171,513 $178,569
 -0- 10/20/92
 /CONTACT: John Snyder (investors), 206-343-3289, or Brad Stevens (media), 206-628-2361, both of Aldus/
 (ALDC) CO: Aldus Corp. ST: Washington IN: CPR SU: ERN


LM-JH -- SE005 -- 2075 10/20/92 09:49 EDT
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Date:Oct 20, 1992
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