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

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To: KSHITIJ DOSHI who wrote (23945)10/12/1998 12:41:00 PM
From: DJBEINO  Read Replies (1) of 42771
 
NOVELL CONNECTS GLOBAL LEADERS AT WORLD ECONOMIC FORUM 1998 EAST ASIA ECONOMIC Summit

Novell Chairman and CEO Dr. Eric Schmidt to Co-Chair Singapore Meeting

SINGAPORE, Oct. 12 /PRNewswire/ -- Novell, Inc. (Nasdaq: NOVL),
global leader in directory-enabled networking software, will provide
and support full-service messaging and Internet information solutions
for all participants at the seventh East Asia Economic Summit of the
World Economic Forum taking place here October 12 to 15. The Internet
solutions, based on Novell's GroupWise e-mail and collaboration
product, will enable the dignitaries in attendance to communicate with
their colleagues and constituents worldwide. Novell, one of the World
Economic Forum's technology partners, will also participate in the
summit agenda, with Novell Chairman and Chief Executive Officer, Dr.
Eric Schmidt, serving as co-Chairman of the Singapore event.

The summit will bring together 1,000 participants from the member
companies of the World Economic Forum worldwide, heads of state and key
ministers from the region, public figures from Europe and USA, business
leaders from Asia, Europe and North America, as well as leading
commentators, opinion makers and experts. The working theme for the
summit is "Pushing ahead with responses to the crisis: Shaping the new
economic landscape in Asia".

"Information networks have become the catalysts for new kinds of
communities within the world economy," said Dr. Schmidt. "Information
networks in the twenty-first century will enable more people in more
places to establish their roles in these global communities and express
their identity. We see that trend in action at the World Economic
Forum, with world leaders gaining hands-on exposure to networking
technology for creating and managing an identity on the Internet."

In addition to Dr. Schmidt, the other co-Chairmen of the Summit are
Helmut Maucher, Chairman of the Board at Nestle Switzerland; James
Schiro, Chairman and Senior Partner, Price Waterhouse, USA; Roberto
Romulo, Chairman, Philippine Long Distance Telephone Company,
Philippines; and Philip Yeo, Chairman of the Singapore Economic
Development Board.

Worldwide Messaging
For the summit, Novell is providing an easy-to-use e-mail and
Internet application based on GroupWise 5, Novell's high-performance,
Internet-ready collaboration solution that enables businesses to
gather, access and communicate information easily from a single
interface. Working in concert with other Novell products such as Novell
Directory Services(R) (NDS(TM)) and NetWare(R) 5, GroupWise 5.5(R)
provides the most scalable, reliable and powerful collaboration
solution available. Novell will also support the broadcast of selective
plenary sessions of the summit on the homepage of the World Economic
Forum by providing video-streaming services in partnership with
RealNetworks.

The messaging solution, accessible to delegates via workstations at
strategic locations throughout the conference, runs on Novell's NetWare
5 server platform. The solution utilizes ISDN for fast and secure
access to the Internet. The NetWare platform also uses the
industry-standard Internet Protocol (IP) to communicate between
workstations and servers, offers multiple e-mail gateways and supports
all major Internet browsers. In addition to sending and receiving
messages locally or on the Internet, delegates can also access stored
information for details about fellow delegates and the countries and
companies they represent.

Several features of the Novell messaging solution are designed to meet
the special needs of top executives and other luminaries for ease of
use and airtight security. These capabilities include:

* An advanced security system that allows users to access the system by
scanning in individual identity badges
* Fast response to user commands to retrieve or dispatch messages,
regardless of the number of messages stored
* A customized user interfaces that uses special color-coordinated
keyboards and screen options to make sending and receiving messages easy
* Integration with Internet e-mail (POP3) for access to e-mail from
outside the summit

A special Internet Web site, designed and hosted by Novell, is
also available to delegates at the summit's Internet Business Center.
The Web site includes up-to-date meeting information and also provides
participants with links to related Web sites in the Singapore and South
Asia region. Novell personnel will be on hand to answer queries and to
help delegates make optimum use of both the Web site and messaging
system.

During the previous 1998 Annual Meeting of the World Economic Forum in
Davos, Switzerland, Novell's messaging system handled some 27,000
messages. Novell technicians expect an even higher level of traffic at
the Singapore conference as Internet savvy continues to permeate the
top levels of business and politics.
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