Lineo™ Receives $37 Million in Investments

Investors Include Industry's Leading Companies

LINDON, UTAH -- May 1, 2000 -- Lineo, Inc., a leading developer of embedded Linux® system software™, today announced the receipt of $37 million in investment money, mostly from strategic investors. The investment dollars are targeted at continuing to build the embedded Linux market.

Among the investors are the following:


Acer Group


Astoria Capital Partners, LP

Citrix Systems, Inc.

Compal Electronics, Inc.

DaiShin Information & Communications Co., LTD

Egan Managed Capital

First International Computer (FIC)

Global Alliance

J & W Seligman & Company

Hikari Tsushin

MITAC International Corporation




About Lineo, Inc.

Lineo, Inc., the leading developer of embedded Linux system software, develops, markets and sells embedded Linux system software and applications that provide OEMs and consumers with simple, low-cost software for interacting with the Internet via embedded devices. Lineo owns the Embedix product family including Embedix Linux, Embedix SDK and Embedix Browser. Visit Lineo, Inc. at For more information, contact Lineo, Inc. via e-mail: or telephone: (801) 426-5001