Altium revises revenue forecast in light of cautious market

4/11/2002 - Altium Limited (ASX: ALU), a leading developer of Windows-based electronic design and development software, today announced a revised estimate of its full year revenue forecast. The company now expects to report total revenue for the 2001/2002 financial year of approximately A$50m with profit in the second half at similar levels achieved in the first half. This revised estimate is made following the cautious economic climate seen in Q3, which is expected to continue into Q4. A revised release date for Altiumí s new Protel DXP product, originally announced for a Q1 release but now scheduled for July 2002, has also contributed to the modified revenue estimate.

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