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Today we will learn how to add watermarks to documents using PDF Exchange Editor. Watermarks serve various purposes such as protecting documents from unauthorized use, indicating ownership, and discouraging counterfeiting. Watermarks can be added in text or image formats. To add a watermark, click on the organize tab, then the watermarks drop down menu, and select add. In the dialog box, choose between an image file or custom text for the watermark. Customize the text, font, and alignment options, and use macros for added flexibility.