Dassault Systemes Reports 15% Increase in Third Quarter Revenue and 20% Increase in Revenue for the First Nine Months of 2001

DELMIA announced that METROLOGIC GROUP has joined the Software Community Program as a Gold Partner. Through this development partnership METROLOGIC GROUP will develop, market and sell applications based on the V5 architecture, integrated and complementary to CATIA, ENOVIA and DELMIA V5 solutions.

DS and NK-EXA joined forces, further extending the design automation of the inner shape design of molded parts for Product Lifecycle Management. Under the agreement, NK-EXA will provide a strategic component of the end-to-end V5 PLM "style to manufacturing" solution for plastic molded parts and DS continues its focus on the styling, detailed design, feasibility analysis, mold design and manufacturing steps required for the complete process coverage.

Zuken joined DS' V5 Software Community Program. Zuken provides a strategic component of the end-to-end V5 PLM electromechanical solution, delivering V5 interfaced and integrated solutions and addressing the logical steps of the cabling design through their leading Cabling Designer product. ZUKEN and DS' primary targeted markets are the Automotive and E/E industries. Together with its partners, DS is building on the V5 technology -- the most comprehensive electromechanical solution available today.

AWARDS

SolidWorks and SmarTeam were among a select group of companies named "Hottest Companies" of the year by Start magazine for their consistent focus on improvement and overall product excellence.

Statements above that are not historical facts but express expectations or objectives for the future, including but not limited to statements regarding the Company's objective for 2001 revenue and EPS and 2002 financial objectives, are forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended). Such forward-looking statements are based on management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results or performances may differ materially from those in such statements due to, among other factors: (i) currency fluctuations (ii) global economic conditions, (iii) market demand for our products and services, (iv) new product developments and technological changes, and (v), our ability to recruit and retain skilled personnel. Unfavorable changes in any of the above or other factors described in the Company's SEC reports, including the Form 20F for the year ended December 31, 2000, which was filed with the SEC on April 27, 2001, could materially affect the Company's financial position or results of operations.

ABOUT DASSAULT SYSTEMES

Dassault Systemes (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA) is the premier global software developer for the CAD/CAM/CAE/PLM market, providing companies with e-business solutions to implement their digital enterprise, thus creating and simulating the entire product life cycle from initial concept to product in service. CATIA, ENOVIA and DELMIA solutions support industry-specific business processes to help unleash creativity and innovation, reduce development cycle time, improve quality, competitiveness and shareholder value: CATIA supports the digital product definition and simulation, DELMIA provides solutions to define and simulate lean digital manufacturing processes and ENOVIA delivers enterprise solutions that manage a comprehensive, collaborative and distributed model of the digital product, processes and resources. The combined integration creates the Digital Product life cycle Pipeline, supporting reuse of corporate knowledge. SolidWorks and SmarTeam, as Dassault Systemes companies, offer respectively 3D design-centric and collaborative PDM software solutions based on Windows and the Internet. Spatial, also part of Dassault Systemes family, is a market-leading provider of world-class 3D software components and services (for 3D modeling, visualization, and interoperability) to meet the requirements of 3D in Internet-based e-commerce and B2B applications. Information about Dassault Systemes is available at http://www.dsweb.com.

                           DASSAULT SYSTEMES
                CONSOLIDATED STATEMENTS OF INCOME DATA
             (in millions of Euro, except per share data)

                     Three Months Ended            Nine Months Ended
                        September 30,               September 30,
                     2001          2000            2001         2000
                     ----          ----            ----         ----
Revenue

Software            155.3         134.8           451.3        378.5
Service and Other    23.5          20.6            69.5         57.4
                ----------     ---------      ----------   ----------
  Total revenue (E) 178.8      (E) 155.4      (E) 520.8    (E) 435.9

Cost of Revenue

Software              4.9           4.5            15.0         11.6
Service and Other    19.8          17.5            58.2         48.1
                ----------     ---------      ----------   ----------
Total Cost
 of Revenue     (E)  24.7     (E)  22.0       (E)  73.2    (E)  59.7
Gross Profit    (E) 154.1     (E) 133.4       (E) 447.6    (E) 376.2
Research, selling,
 administrative
 and acquisition
 expenses:
  Research and
   development       51.5          42.7           152.0        122.9
Marketing and Sales  43.6          30.3           123.2         85.6
General
 Administration      10.8           9.0            32.5         26.0
Acquisition Costs    13.6          10.4            45.2         28.4
                ----------     ---------      ----------   ----------
Total Research,
 selling,
 administrative
 and acquisition
 expenses:      (E) 119.5      (E) 92.4       (E) 352.9    (E) 262.9
                ==========     =========      ==========   ==========
Operating Income(E)  34.6      (E) 41.0       (E)  94.7    (E) 113.3
Financial revenue
 and Other           -1.0           2.8             9.8          8.4
                ----------     ---------      ----------   ----------
Income before
 income taxes        33.6          43.8           104.5        121.7
Income tax expense  -18.5         -20.0           -57.9            -54.5
                                ----------          ---------            ----------      ----------
Net  Income            (E)    15.1            (E)  23.8              (E)    46.6          (E)  67.2
                                ==========          =========            ==========      ==========
Basic  net  income
  per  share  (1)    (E)    0.13            (E)  0.21              (E)    0.41          (E)  0.59
                                ==========          =========            ==========      ==========
Diluted  net  income
  per  share  (1)    (E)    0.13            (E)  0.20              (E)    0.40          (E)  0.57
                                ==========          =========            ==========      ==========
Basic  weighted
  average  share
  outstanding
  (in  millions)            113.9                  113.3                      113.6                113.0
                                        -----                  -----                      -----                -----
Diluted  weighted
  average  share
  outstanding
  (in  millions)            115.1                  119.0                      116.5                118.7
                                        -----                  -----                      -----                -----

(1)  Excluding  acquisition  costs,  operating  income  and  net  income  would
        have  been  as  follows:

Operating  Income  (E)  48.2            (E)  51.4              (E)  139.9        (E)  141.7
Net  Income              (E)  28.3            (E)  33.0              (E)    89.2        (E)    92.2
                                ==========          =========            ==========      ==========
Diluted  net  income
  per  share              (E)  0.25            (E)  0.28              (E)    0.77        (E)    0.78
                                ==========          =========            ==========      ==========


                                                      DASSAULT  SYSTEMES
                                CONSOLIDATED  STATEMENTS  OF  INCOME  DATA
                                                    PERCENTAGE  VARIANCE
                                          (EXCLUDING  ACQUISITION  COSTS)
                          (in  millions  of  Euro,  except  per  share  data)

        Excluding  acquisition  costs,  the  consolidated  statements  of  income
        data  would  have  been  as  follows:

                                            Three  Months  Ended                                      Percentage
                                                                                                                        Variance
                              Sept.  30,  2001        Sept.  30,  2000                                  %
                              --------------        --------------                        ----------
Revenue

Software                        155.3                        134.8                                        15.2%
Service  and  Other        23.5                          20.6                                        14.1%
                              --------------        --------------                        ----------
    Total  revenue  (E)  178.8                (E)  155.4                                        15.1%

Cost  of  Revenue

Software                            4.9                            4.5                                          8.9%
Service  and  Other        19.8                          17.5                                        13.1%
                              --------------        --------------                        ----------
Total  Cost
  of  Revenue          (E)    24.7                (E)    22.0                                        12.3%
Gross  Profit        (E)  154.1                (E)  133.4                                        15.5%

Research,  selling,
  administrative:

Research  and
  development                  51.5                          42.7                                        20.6%
Marketing  and  Sales    43.6                          30.3                                        43.9%
General
  Administration            10.8                            9.0                                        20.0%
                              --------------        --------------                        ----------
Total  Research,
  selling,
  administrative:(E)  105.9                  (E)  82.0                                        29.1%
                              ==============        ==============                        ==========
Operating  Income          48.2                          51.4                                        -6.2%
Financial  revenue
  and  Other                      -1.0                            2.8                                          N/S
                              --------------        --------------                        ----------
Income  before
  income  taxes                47.2                          54.2                                      -12.9%
Income  tax  expense    -18.9                        -21.2                                      -10.8%
                              --------------        --------------                        ----------
Net  Income            (E)    28.3                (E)    33.0                                      -14.2%
                              ==============        ==============                        ==========
Diluted  net  income
  per  share            (E)    0.25                (E)    0.28                                      -10.7%
                              ==============        ==============                        ==========
Average  Shares            115.1                        119.0
                                        -----                        -----



                                                      DASSAULT  SYSTEMES
                                CONSOLIDATED  STATEMENTS  OF  INCOME  DATA
                                                    PERCENTAGE  VARIANCE
                                          (EXCLUDING  ACQUISITION  COSTS)
                          (in  millions  of  Euro,  except  per  share  data)

        Excluding  acquisition  costs,  the  consolidated  statements  of  income
        data  would  have  been  as  follows:

                                                  Nine  Months  Ended                                  Percentage
                                                                                                                        Variance
                            Sept.  30,  2001            Sept.  30,  2000                                  %
                            --------------            --------------                      ----------
Revenue

Software                        451.3                        378.5                                        19.2%
Service  and  Other        69.5                          57.4                                        21.1%
                            --------------            --------------                      ----------
    Total  revenue  (E)  520.8                (E)  435.9                                        19.5%

Cost  of  Revenue

Software                          15.0                          11.6                                        29.3%
Service  and  Other        58.2                          48.1                                        21.0%
                            --------------            --------------                      ----------
Total  Cost
  of  Revenue          (E)    73.2                (E)    59.7                                        22.6%
Gross  Profit        (E)  447.6                (E)  376.2                                        19.0%

Research,  selling,
  administrative:

Research  and
  development                152.0                        122.9                                        23.7%
Marketing  and  Sales  123.2                          85.6                                        43.9%
General
  Administration            32.5                          26.0                                        25.0%
                            --------------            --------------                      ----------
Total  Research,
  selling,
  administrative:(E)  307.7                        234.5                                        31.2%
                            ==============            ==============                      ==========
Operating  Income        139.9                        141.7                                        -1.3%
Financial  revenue
  and  Other                        9.8                            8.4                                        16.7%
                            --------------            --------------                      ----------
Income  before
  income  taxes              149.7                        150.1                                        -0.3%
Income  tax  expense    -60.5                        -57.9                                        +4.5%
                            --------------            --------------                      ----------
Net  Income            (E)    89.2                  (E)  92.2                                        -3.3%
                            ==============            ==============                      ==========
Diluted  net  income
  per  share            (E)    0.77                  (E)  0.78                                        -1.3%
                            ==============            ==============                      ==========
Average  Shares            116.5                        118.7
                                        -----                        -----



                                                      DASSAULT  SYSTEMES
                                  CONDENSED  CONSOLIDATED  BALANCE  SHEETS
                                                  (in  millions  of  Euro)

                                                                September  30,              December  31,
                                                                          2001                              2000
                                                                -------------              ------------
ASSETS

Cash  and  short-term  investments            338.0                              274.2
Accounts  receivable,  net                          156.7                              210.1
Other  assets                                                  264.9                              249.3
                                                                -------------              ------------
Total  assets                                        (E)    759.6                    (E)    733.6

LIABILITIES
AND  SHAREHOLDERS'  EQUITY

Total  liabilities                                        259.1                              267.9
Shareholders'  equity                                  500.5                              465.7
                                                                -------------              ------------
Total  Liabilities  and
  shareholders'  equity                      (E)    759.6                    (E)    733.6

 

Contact:
           FOR:  Dassault  Systemes
          Thibault  de  Tersant,  33.1.40.99.40.04
          Didier  Gaillot,  33.1.40.99.44.20
          or
          Morgen-Walke  Associates,  Inc.
          Michele  Katz/Michael  Polyviou
          Press:  Brian  Maddox
          212/850-5600
          or
          Morgen-Walke  Europe  S.A.
          Jean-Benoit  Roquette/Ronald  Dassa
          Nelly  Dimey/Lorie  Lichtlen
          33.1.47.03.68.10 


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