Exhibit 21.01



LIST OF REGISTRANTS SUBSIDIARIES



|                                                  |  |                                        
|------------------------------------------------- |  | ---------------------------------------
|Subsidiary Legal Name                             |  | Jurisdiction of Incorporation/Formation
|Allaire Corporation                               |  | United States                          
|                                                  | 
|Allaire Securities Corporation                    |  | United States                          
|                                                  | 
|Allaire International, Inc.                       |  | United States                          
|                                                  | 
|Animoi Oy                                         |  | Finland                                
|                                                  | 
|Bright Tiger Technologies, Inc.                   |  | United States                          
|                                                  | 
|Live Software, Inc.                               |  | United States                          
|                                                  | 
|Valto Systems, Inc.                               |  | United States                          
|                                                  | 
|Presedia, Inc.                                    |  | United States                          
|                                                  | 
|Middlesoft, Inc.                                  |  | United States                          
|                                                  | 
|Allaire Europe Holdings B.V.                      |  | Netherlands                            
|                                                  | 
|Macromedia Netherlands B.V.                       |  | Netherlands                            
|                                                  | 
|Macromedia Ireland Ltd.                           |  | Ireland                                
|                                                  | 
|Macromedia Software Ireland Limited               |  | Ireland                                
|                                                  | 
|Macromedia Canada Ltd.                            |  | Canada                                 
|                                                  | 
|Macromedia Europe Ltd.                            |  | United Kingdom                         
|                                                  | 
|Macromedia Japan KK                               |  | Japan                                  
|                                                  | 
|Macroweb Software GmbH                            |  | Germany                                
|                                                  | 
|Allaire GmbH                                      |  | Germany                                
|                                                  | 
|Macromedia SARL                                   |  | France                                 
|                                                  | 
|Macromedia, A.B.                                  |  | Sweden                                 
|                                                  | 
|Macromedia Hong Kong Ltd.                         |  | Hong Kong                              
|                                                  | 
|Macromedia South Asia Pte. Ltd.                   |  | Singapore                              
|                                                  | 
|Macromedia S.r.l.                                 |  | Italy                                  
|                                                  | 
|Macromedia Brasil Ltda.                           |  | Brazil                                 
|                                                  | 
|Macromedia GmbH                                   |  | Switzerland                            
|                                                  | 
|Macromedia Software, S.L.                         |  | Spain                                  
|                                                  | 
|Macromedia Korea, Ltd.                            |  | South Korea                            
|                                                  | 
|Macroweb Software de Mexico                       |  | Mexico                                 
|                                                  | 
|Macromedia Belgium BVBA                           |  | Belgium                                
|                                                  | 
|Macromedia Asia Pacific Pty, Ltd.                 |  | Australia                              
|                                                  | 
|Macromedia Research and Development Private, Ltd. |  | India