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

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To: zwolff who wrote (37772)2/26/2002 4:36:17 PM
From: zwolff  Read Replies (3) of 42771
 
Seems that Mr Messman keeps bringing people from Boston. Stone is an old pal of Schmidt. A good guy. We should be back to 5 tomorrow?<g>
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Novell Announces Appointment of Christopher Stone
As Vice Chairman - Office of the CEO

Former Novell Executive and Tilion Founder to Return to Novell

PROVO, Utah, Feb. 26 /PRNewswire-FirstCall/ -- Novell (Nasdaq: NOVL - news), a
leading provider of Net business solutions, today announced the appointment of Christopher
Stone to the newly created position of Vice Chairman, Office of the CEO. Among Stone's
responsibilities will be overseeing the company's engineering, marketing, product
management, alliances, and consulting functions. He will report to Chairman, President and
CEO Jack L. Messman and will be based in Cambridge, MA. He will begin on March 4,
2002.

Stone, 44, who was with Novell from 1997 to 1999 as executive vice-president for strategy
and development, left Novell to start Tilion, a leading software company providing real-time
executive management software for logistics and supply chain managers. He will remain
Chairman of the Board of Directors. Stone's background in technology development also led
to his founding of Object Management Group where he created CORBA, a globally
recognized software standard.

``As Novell continues to move with our customers to a solutions-based one Net environment,
we need a person with Chris' experience to help us connect our customers, suppliers and
employees in the value delivery chain,'' said Messman. ``Companies are looking for secure
ways to streamline operations and maximize investments. Chris understands these challenges.
He knows how Novell's services and products can serve to solve the complex business and
technical challenges facing companies today.''

``Novell has always had great technology,'' said Jamie Lewis, CEO and research chair for
Burton Group. ``With Chris Stone, Novell gains another savvy leader who understands the
market and won't hesitate to take action. He also has credibility with the companies that
Novell wants as partners to help regain its competitive edge.''

About Novell

Novell, Inc. is a leader in eBusiness solutions and Net services software designed to secure and power the networked world.
Novell and its eServices division, Cambridge Technology Partners, help organizations solve complex business challenges,
simplify their systems and processes, and capture new opportunities with one Net solutions. Novell provides worldwide
channel, consulting, education and developer programs to support its offerings.

For information on Novell's complete range of products and services, contact Novell's Customer Response Center at
888-321-4CRC (4272), or visit Novell's Web site at novell.com. Information on eBusiness and integration
solutions from Cambridge Technology Partners can be accessed at ctp.com. Press may access Novell
announcements and company information on the World Wide Web at novell.com.

NOTE: Novell and Cambridge Technology Partners are registered trademarks, and eDirectory is a trademark of Novell, Inc.
in the United States and other countries.

SOURCE: Novell, Inc.
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