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ALDUS REPORTS FIRST-QUARTER RESULTS

 ALDUS REPORTS FIRST-QUARTER RESULTS
 SEATTLE, April 21 /PRNewswire/ -- Aldus Corp. (NASDAQ: ALDC) today


announced revenue and earnings for the first quarter ended March 27, 1992.
 Revenue for the first quarter of 1992 was $44.1 million, compared with $40.3 million for the same period a year ago, an increase of 9 percent. First-quarter earnings were $4.7 million in 1992, or 31 cents per share, compared with $6.3 million, or 41 cents per share, in 1991. International sales for the first quarter of 1992 were 43 percent of revenue, compared with 49 percent of revenue for the same period in 1991.
 First-quarter revenue was positively affected by retail and upgrade sales of products that shipped in the fourth quarter, including Aldus FreeHand for Windows and Macintosh, and Aldus PageMaker for the Macintosh. "The results of the first-quarter direct sales program to our U.S. registered users were strong, and partially offset the continued effects of the recession in Europe," said Bill McAleer, vice president of finance. "While we saw some improvement in sales in our U.K. subsidiary, revenue in France, Sweden and Germany was impacted by weak market conditions this quarter.
 "As planned, we implemented new sales and marketing programs to attract new customers and sell the product line to our existing customer base of more than 1 million users. As a result, sales and marketing expenses increased this quarter. Amortization of capitalized software development costs also increased due to the shipment of new products," added McAleer.
 Aldus Corp. creates computer software solutions that help people throughout the world effectively communicate information and ideas. The Aldus product line includes Aldus PageMaker, Aldus Persuasion, Aldus FreeHand, Aldus Digital Darkroom, Aldus Gallery Effects, Aldus Personal Press, Aldus PhotoStyler, Aldus PrePrint, Aldus PressWise and Aldus SuperPaint. The company distributes its products through and international network of more than 16,000 dealers and distributors.
 ALDUS CORP.
 CONSOLIDATED STATEMENTS OF INCOME
 (In thousands, except earnings-per-share data)
 March 27, March 29,
 Three Months Ended: 1992 1991
 Net sales $ 44,051 $ 40,266
 Cost of sales 9,206 7,721
 Gross margin 34,845 32,545
 Sales and marketing 15,331 13,779
 General and administrative 6,753 5,802
 Software development costs:
 Research and development 4,236 3,631
 Amortization of capitalized
 software development costs 2,919 1,520
 Income from operations 5,606 7,813
 Interest income, net 1,284 1,263
 Other income (expense), net (75) 131
 Income before provision for
 income taxes 6,815 9,207
 Provision for income taxes 2,111 2,946
 Net income $ 4,704 $ 6,261
 Net income per share $ 0.31 $ 0.41
 Weighted average number of
 common shares 15,400 15,261
 CONDENSED BALANCE SHEETS
 (In thousands)
 March 27, Dec. 31,
 1992 1991
 ASSETS
 Current Assets:
 Cash and marketable securities $105,690 $106,215
 Accounts receivable 26,768 25,284
 Income taxes receivable -- 1,264
 Inventories 5,937 6,024
 Deferred income taxes 4,862 3,421
 Prepaid expenses 4,366 4,158
 Total current assets 147,623 146,366
 Equipment and leasehold
 improvements, net 16,656 17,556
 Other assets 14,425 14,647
 Total $178,704 $178,569
 LIABILITIES AND SHAREHOLDERS' EQUITY
 Current Liabilities:
 Accounts payable $ 7,349 $ 5,290
 Accrued liabilities 12,696 12,571
 Deferred technical support revenue 1,212 1,456
 Income taxes payable 3,839 --
 Total current liabilities 25,096 19,317
 Deferred income taxes 1,623 3,923
 Shareholders' Equity:
 Common stock 59,502 64,226
 Retained earnings 93,927 89,223
 Translation adjustments (1,444) 1,880
 Total shareholders' equity 151,985 155,329
 Total $178,704 $178,569
 NOTE: Aldus, the Aldus logo, PageMaker, Aldus FreeHand, Persuasion, PrePrint and SuperPaint are registered trademarks and Digital Darkroom, Gallery Effects, Personal Press, and PressWise are trademarks of Aldus Corp. PhotoStyler is a trademark of U-Lead Systems Inc.
 -0- 4/21/92
 /CONTACT: Mary Batterson, 206-628-2383 (investors), or Brad Stevens, 206-628-2361 (media), both of Aldus/
 (ALDC) CO: Aldus Corp. ST: Washington IN: CPR SU: ERN


LM-SC -- SE003 -- 0439 04/21/92 09:32 EDT
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Date:Apr 21, 1992
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