Full Transcript of Adobe Systems’ F4Q05 (Qtr Ending Dec 2, 2005) Conference Call — Prepared Remarks (ADBE)

Here’s the entire text of the prepared remarks from Adobe Systems’ (ticker: ADBE) fiscal Q4 2005 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.

Executives:

Mike Saviage, Vice President of Investor Relations
Bruce Chizen, Chief Executive Officer
Shantanu Narayen, President and Chief Operating Officer
Murray Demo, Executive Vice President and Chief Financial Officer

Analysts:

Ben Reitzes, UBS
Thomas Ernst, Deutsche Bank
Scott Kessler, Standard & Poor’s Equity Research
Jay Vleeschhouwer, Merrill Lynch
Brent Thill, Prudential
Gene Munster, Piper Jaffray
Sasa Zorovic, Oppenheimer
Tom Berquist, Citigroup
Steve Ashley, Robert W. Baird

Operator

Good afternoon, my name is Katena and I’ll be your conference facilitator today. At this time, I’d like to welcome everyone to the Adobe Systems Q4 and Fiscal Year 2005 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question and answer session. If you would like to ask a question during this time simply press “*