SAN JOSE, Calif., (Feb. 26, 2001) (Nasdaq: ADBE) Adobe Systems Incorporated, the
leader in network publishing for the Web, print and dynamic media, today announced
Adobe After Effects 5.0, a new version of the company’s award-winning motion
graphics and visual effects software. Adobe After Effects 5.0 offers more than one
hundred new features and productivity enhancements that enable creative
professionals to generate compelling content for film, video, multimedia and the
Web.

Adobe After Effects 5.0 offers a superior implementation of tools that
professionals demand in a leading compositing software package. The new version
includes a true 3D compositing environment. In addition, new vector paint tools
and 16-bit color support expand the Production Bundle version. The combination of
new features along with numerous productivity enhancements will help visual
effects artists and motion graphics designers explore their creative ideas and
execute them with precise control.

“After Effects 5.0 is a major leap forward. We’re really excited because it allows
us to create new looks,” said Chris Meyer, co-owner of CyberMotion, a motion
graphics design studio. “We can now composite in three dimensional space with
lighting and cameras, plus use all of our familiar 2D tools like transfer modes
and mattes. New features such as expressions and parenting allow us to quickly
build elaborate, interlocking animations we wouldn’t previously have attempted.”

Other new features in Adobe After Effects 5.0 include Parenting, which allows
users to animate layers hierarchically; Expressions, which create live
relationships between layer properties; masking enhancements to draw masks in the
Comp window, expand masks, and add Motion Blur to masks; and Macromedia Flash
(SWF) output which allow users to create vector animations for Web sites. A
complete list of new features is available on the Adobe Web site at
http://www.adobe.com/aftereffects.

In addition to its exciting new features, Adobe After Effects 5.0 software offers
dozens of interface enhancements to provide a more efficient and streamlined
workflow. After Effects 5.0 also delivers a level of integration with Adobe
Photoshop, Adobe Illustrator, and Adobe Premiere that no other motion graphics
or visual effects program can match.

Adobe After Effects 5.0 software is available in two versions. The Standard
version provides the core 2D and 3D compositing and effects tools that motion
graphics professionals and Web designers need. The Production Bundle version is
designed for visual effects artists and motion graphics designers who need all of
the tools in the Standard Version, plus additional keying, motion control and
distortion tools, audio effects, 3D channel effects, 16-bit per channel color,
vector paint tools, and support for network rendering.

In the United States and Canada, Adobe After Effects 5.0 for Mac OS 9.0.4, Mac OS
9.1, Mac OS X Classic, Windows 98, Windows 2000, and Windows Millennium Edition
is expected to ship in the second quarter of 2001. The estimated street price for
the Standard version is $649 (U.S.) and for the Production Bundle version is
$1,499 (U.S.).