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The following information was released today, November 18, 1993 at 1:15pm PST. Autodesk Reports Revenues and Earnings Company Achieves Record Unit Shipments of AutoCAD SAUSALITO, Calif. — November 18, 1993 — Autodesk, Inc. today reported net revenues for the quarter ended October 31, 1993 grew to $98.2 million, compared to $93.8 million for the same quarter in the prior fiscal year. Net income for the third quarter was $14.9 million or $.60 per share, compared to $12.8 million or $.50 per share in the prior fiscal year. A stronger dollar relative to international currencies affected third quarter revenues, resulting in a negative impact of nearly $5 million. "While overall revenues increased by 5 percent, we are encouraged by record shipments of 53,000 new AutoCAD units. We are also pleased with revenues from our Emerging Businesses Group, which grew 35 percent over the same quarter last year," said Carol Bartz, CEO of Autodesk, adding, "This revenue growth was due in part to two new multimedia products, AutoVision and 3D Studio Release 3, which began shipping late in the quarter. In the last two weeks of the quarter alone, nearly 10 percent of the 3D Studio installed base upgraded to the new release." In addition to the two new multimedia products, the Company also shipped AutoCAD Data Extension, or ADE. While ADE was released toward the end of the third quarter, demand for the product was strong. Autodesk's customer base totals more than two million users who are supported either directly by the Company or through a network of authorized dealers. Independent application developers supply nearly 4,000 products to customize AutoCAD to a variety of disciplines, ranging from civil engineering to facilities management. A summary of Autodesk's operating results is as follows: Three months ended October 31 1993 1992 Net revenues $98,176,000 $93,755,000 Net income $14,928,000 $12,808,000 Net income per share $.60 $.50 Nine months ended October 31 1993 1992 Net revenues $303,454,000 $254,594,000 Net income $46,841,000 $32,679,000 Net income per share $1.87 $1.32 Autodesk is the world's leading supplier of desktop computer-aided design automation software. Autodesk develops, markets and supports a family of computer-aided design automation software products, as well as professional multimedia software products for use on personal computers and workstations. A global company since its founding in 1982, Autodesk offers products that are now available in 80 countries and 18 languages. Autodesk shares are traded on NASDAQ under the symbol ACAD. For more information on Autodesk, please call 415-332-2344 or type GO ADESK on CompuServe(R). – 30 – Autodesk, the Autodesk logo and AutoCAD are registered trademarks of Autodesk, Inc. ACAD is a trademark of Autodesk, Inc. All other brand and product names mentioned are the service marks, trademarks or registered trademarks of their respective owners.