24 October 2005

Adobe Joins JT Open Program; Continuing Strong Momentum of Rapidly Growing Global Initiative

FOR RELEASE Monday, October 24, 2005

PLANO, Texas and SAN JOSE, Calif. – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, and Adobe Systems Incorporated (Nasdaq:ADBE) today announced Adobe has become the newest member of the rapidly growing JT Open Program. The announcement was made in conjunction with a separate announcement of a relationship between the two software leaders that will enable manufacturers to publish 3D digital product models, stored in the JT data format, as Adobe® PDF files.

The JT Open Program is a global organization of leading manufacturers, PLM vendors and prestigious universities focused on supporting JT as the de facto industry standard. JT is the PLM industry’s most widely used open format for sharing 3D digital product information.  Adobe, UGS and all the members of JT Open work together to help eliminate artificial barriers to product innovation caused by incompatible proprietary data formats.

“In today’s global manufacturing environment, effective collaboration among widely dispersed product development teams is key to achieving profitable revenue growth,” said Jim Brown, vice president, Global Product Innovation and Engineering, Aberdeen Group.  “Aberdeen research indicates that design and project collaboration are very important to both increasing revenue and decreasing product costs. Technology suppliers that work together to provide powerful, open solutions supporting global collaboration will enable the manufacturing industry to consistently deliver the new product innovations necessary to fuel their growth.”

JT Open benefits fuel strong momentum

In addition to gaining “level playing field” access to the JT software development toolkit (SDK), membership in JT Open also provides Adobe with a low entry cost into the large market of existing JT users.  Furthermore, Adobe can now participate in royalty free sales of JT-enabled software applications among other JT Open members and add its influence to helping direct the future direction of JT technology.

Since UGS established JT Open in November 2003 at the request of its customers, it has grown rapidly to support and add to the more than four million JT-enabled software seats installed today throughout the world. Strong momentum for JT Open continues to build with the recent addition of several new members. In addition to Adobe, other new JT Open members joining during the past several months include Siemens, Autodesk, Capgemini and Asahi Electronics.

Additional information about JT Open can be found at www.jtopen.com.

About Adobe Systems Incorporated

Adobe is the world’s leading provider of software solutions to create, manage and deliver high-impact, reliable digital content. For more information, visitwww.adobe.com.

About UGS
UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 46,000 customers worldwide.  Headquartered in Plano, Texas, UGS’ vision is to enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services while leveraging UGS’ open enterprise solutions, fulfilling the mission of enabling them to transform their process of innovation. 

Note:  UGS and Transforming the Process of Innovation are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. Adobe, the Adobe logo, Acrobat, and Reader are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

The statements in this news release that are not historical statements, including statements regarding the expected benefits of the customer relationship, the successfulness of the implementation and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, risks relating to loss or downsizing of customers, competition, international operations and exchange rate fluctuations, changes in pricing models, and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its registration statement on Form S-4 most recently filed with the SEC.  UGS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.