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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Joe Antol who wrote (9697)3/21/1997 4:45:00 AM
From: JP   of 42771
 
Joe, You may want to get in on this conference call. Look forward to your summary/opinion.
JP

NETSCAPE AND NOVELL ANNOUNCE STRATEGIC
AGREEMENT TO DELIVER INTRANET SOLUTIONS

NEW COMPANY - NOVONYX - TO DELIVER NETSCAPE SUITESPOT SERVER
SOFTWARE ON NOVELL INTRANETWARE PLATFORM

MOUNTAIN VIEW, Calif. (March 21, 1997) -- Netscape Communications Corporation (NASDAQ: NSCP) and Novell,
Inc. (NASDAQ: NOVL) today announced that they have signed a strategic agreement to deliver a broad range of Intranet
and Extranet solutions on current and future Novell platforms. The companies plan to form a privately-held new company
based in Utah, to be called Novonyx, that will adapt, integrate and sell the Netscape SuiteSpot family of server software on
the Novell IntranetWare networking platform. Novell and Netscape will collaborate to integrate their products and
networking services for networked enterprise customers building Intranet and Extranet applications. Novell and Netscape
plan to form the new company subject to government review.

The agreement combines the number one server platform in the world with Netscape SuiteSpot's technology leadership.
Today, Novell has the largest installed base of network servers in the world with more than four million servers running the
Novell network operating system and serving information to more than 60 million users. Netscape's proven Internet
technology leadership has captured significant industry momentum, an installed based of 50 million copies of Netscape
software and a host of top industry awards.

"This agreement is about providing our customers with freedom of choice and more Intranet solutions," said Joseph A.
Marengi, Novell president and chief operating officer. "Novell and Netscape share a vision of providing integrated, open
standards-based intranetworking software to enterprise customers. Working together through Novonyx, we plan to combine
Novell's commanding marketshare and premier directory-enabled networking platform with Netscape's Intranet server
software."

"Novell is the number one provider of networking software in corporations today and ships more copies of server operating
system software than Windows NT or UNIX - that's a huge untapped market for Netscape," said Jim Barksdale, president
and chief executive officer of Netscape. "Together, Novell and Netscape plan to pursue this fantastic market opportunity
through Novonyx, and are working today to make Netscape's Intranet and Extranet solutions available to customers running
Novell IntranetWare."

Netscape and Novell will provide capital for the new company and, through Novonyx, work together to adapt and integrate
Netscape server software for IntranetWare. Netscape is providing a source code license for Netscape SuiteSpot and
Netscape FastTrack Server software. This agreement provides a framework for the companies to jointly promote their
products and services. To that end, Novonyx will leverage Netscape's and Novell's extensive distribution channels and
infrastructure including Novell's more than 30,000 value added resellers (VARs), 1,450 Novell Authorized Education
Centers and partners and 200,000 certified professionals, as well as Netscape's installed based and popular Internet site
which now receives more than 125 million hits per day.

IntranetWare is Novell's comprehensive platform for a modern, full-service Intranet. IntranetWare is a complete Intranet
platform that is built on Novell's industry-leading NetWare 4 and offers full TCP/IP support, directory, web publishing,
network security, connectivity, enterprise management, file and print services to business networks around the world.
IntranetWare is part of Novell's networking product suite that includes GroupWise messaging and groupware, ManageWise
enterprise management and Novell Directory Services.

Netscape SuiteSpot is an integrated server software suite for open email, publishing and groupware on Intranets. Netscape
SuiteSpot includes ten products: Netscape Messaging Server, Netscape Collabra Server, Netscape Enterprise Server,
Netscape Proxy Server, Netscape Calendar Server, Netscape Media Server, Netscape Directory Server, Netscape
Certificate Server, Netscape Catalog Server and LiveWire Pro development environment. The open architecture and native
support for Internet standards in Netscape SuiteSpot enables Netscape solutions to interoperate with a broad range of
proprietary and Internet-based products from other vendors. Netscape FastTrack Server is Netscape's low cost, high
performance Web server software. Netscape FastTrack Server delivers many of the powerful features of Netscape
Enterprise Server - including support for Java and JavaScript - in a downloadable easy-to-setup-and-use package.

Netscape Enterprise Server and Netscape FastTrack Server for IntranetWare are the first products expected on the
IntranetWare platform with availability planned for the Fall of 1997. The companies will demonstrate the current beta version
of Netscape Enterprise Server 3.0 running on IntranetWare and integrated with Novell Directory Services (NDS) at
Novell's BrainShare conference next week in Salt Lake City, Utah.

Netscape Communications Corporation is a premier provider of open software for linking people and information over
enterprise networks and the Internet. The company offers a full line of clients, servers, development tools and commercial
applications to create a complete platform for next-generation, live online applications. Traded on NASDAQ under the
symbol "NSCP," Netscape Communications Corporation is based in Mountain View, California.

Founded in 1983, Novell (NASDAQ: NOVL) is the world's leading provider of network software. The company offers a
wide range of network solutions for distributed network, Internet/Intranet and small-business markets, as well as groupware
and management solutions and the network computing industry's most comprehensive education and technical support
programs. Information about Novell and its complete range of products and services can be accessed on the World Wide
Web at novell.com.

Additional information on Novonyx is available on the Internet at novonyx.com or by calling 1-888/NOVONYX.
Additional information on Netscape Communications Corporation is available on the Internet at home.netscape.com,
by sending email to moreinfo@netscape.com, or by calling 415/937-2555 (corporate customers) or 415/937-3777
(individuals). For additional information on Novell, customers can call 1-800/NET-WARE or go to Novell's home page on
the Internet at novell.com.

Novell and Netscape are conducting a press teleconference on Friday, March 21 at 9:00 a.m. PST about this new strategic
agreement. Joe Marengi, president and COO of Novell, and Jim Barksdale, president and CEO of Netscape, will be
available for comment on the call. To access the teleconference, please call 1-800/946-0741 and provide the confirmation
number 322-694, plus your name and publication.
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