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OCR: On Januar C661 the Company issued approximately million shares ot its common stock in exchange tor all of the common stock of Altsys Corporation (Altsys) corporation that designs font editing and graphics design software programs for business use Upon consummation of he merger, Macromedia issued approx cimately 45.000 shares of common stock in exchange for previously outstanding Altsys stock appreciation rights. In addition, the Company assumed Altsys stock options to purchase approx imately 83,000 shares of the Company' common stock subsequent to the merger. (See Note VIII. The merger has been accounted for as pooling of interests and accordingly the consolidated financial statements for periods prior to the coml bination have been restated to include the results of operations financial p ...