Caldera to Change Name to The SCO Group
Caldera to change its name to SCO, reemphasizing its dedication to Linux, SCO OpenServer and SCO UnixWare products, and capturing brand recognition of the SCO name
LINDON, Utah—Aug. 26, 2002— Caldera International, Inc. (Nasdaq: CALD) today announced it will change its name to The SCO Group (SCO) upon shareholder approval. The new name draws upon the company’s significant brand recognition in its SCO OpenServer and SCO UnixWare product lines. In addition, the renaming enables solution providers to use the strength of the SCO brand when selling Linux solutions, including SCO’s Linux based product powered by UnitedLinux to be released later this year.
“The name change to SCO from Caldera builds on a strong market position which we will extend as we reinvent the SCO brand,” said Darl McBride, president and CEO, SCO. “For more than two decades, the SCO name has been synonymous with reliability, stability and cost efficiency. Now, the coexistence and collaboration of UNIX and Linux systems from a single source offers our customers and channel partners a powerful choice of solutions, backed by a name that powers millions of servers around the world – SCO.”
The SCO name change carries over to current Caldera branded solutions:
SCO OpenServer will retain its name. In addition, it is anticipated that the company will adopt SCOX as the new trading symbol for its common stock. The company will provide a press release with respect to the effective date of this change.
For more information on SCO and its solutions, please visit www.sco.com.
The SCO Group, formerly called Caldera International (Nasdaq: CALD), provides “Powerful Choices” for businesses through its UNIX, Linux and Volution product lines and services. Based in Lindon, UT, SCO has representation in 82 countries and 16,000+ resellers worldwide. SCO Global Services provides reliable localized support and services to partners and customers. For more information on SCO products and services, visit www.sco.com.
Caldera, the Caldera logos, Caldera Volution, OpenLinux, SCO and the associated SCO logo, SCO OpenServer and TeamSCO are trademarks or registered trademarks of The SCO Group in the U.S. and other countries. UnitedLinux is a trademark of UnitedLinux, LLC. UNIX and UnixWare, used under an exclusive license, are registered trademarks of The Open Group in the United States and other countries. Linux is a registered trademark of Linus Torvalds. All other brand or product names are or may be trademarks of, and are used to identify products or services of, their respective owners.
Forward Looking Statements The statements set forth above include forward-looking statements that involve risks and uncertainties. The Company wishes to advise readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include the acceptance of the Company’s new branding efforts; the ability of the Company to successfully roll out its new services and solutions to service providers in its existing channels; the acceptance of such offerings by existing service providers and others; the acceptance of new products and services by the ultimate customers; the ability of recently introduced and new products to operate as designed, including compatibility with various platforms and the absence of other defects; the Company’s ability to compete effectively with other solutions providers; and the ability of the Company to achieve the brand recognition necessary to succeed. These and other factors, which could cause actual results to differ materially, are discussed in more detail in the Company’s filings with the Securities and Exchange Commission.