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Jul 27, 2006

DASTY: Revenues Up, Profits Down

Dassault Systemes reports Q2 revenue was e280.0 million, up 29% over a year ago. For SolidWorks, revenue increased by 20% to e56.1 million.

GAAP operating income decreased 9% to e49.7 million. The company has e473.5 million cash in the bank, but a long-term debt of e202.9 million. (1 euro = US$1.25, approx.)

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