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                                                                   Exhibit 99.02


MACROMEDIA COMPLETES MERGER WITH ALLAIRE

SAN FRANCISCO, March 20 -- Macromedia (Nasdaq: MACR) today announced the
completion of its merger with Allaire Corporation, a leading provider of
software for companies building their business on the Web. Macromedia previously
announced a definitive agreement to merge with Allaire on January 16, 2001. The
transaction brings together market-leading server, development and playback
software to make building professional Web sites more efficient, affordable, and
accessible.

ABOUT MACROMEDIA

Macromedia is passionate about what the Web can be. Its award-winning products
empower designers and developers to efficiently create and deliver the most
engaging experiences on the Web, and enable innovative Internet business
solutions. Headquartered in San Francisco, Macromedia has more than 1,700
employees worldwide and is available on the Internet at www.macromedia.com.