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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Spartex who wrote (22376)	5/29/1998 10:30:00 AM
From: bob smith	Respond to of 42771

Here it is: Friday May 29, 10:00 am Eastern Time Company Press Release SOURCE: Novell, Inc. Mike Sheridan, Original Member of Team That Created Java, Joins Novell as Vice President, Strategic Businesses Will Develop Internet Business Opportunities Based on Java, NDS, Novell Network Services PROVO, Utah, May 29 /PRNewswire/ -- Novell, Inc. (Nasdaq: NOVL - news) today continued its momentum toward leadership in Internet and intranet software by announcing the appointment of Mike Sheridan as vice president, strategic businesses, reporting directly to Novell chairman and CEO Dr. Eric Schmidt. Sheridan is one of three original members of the Sun Microsystems ''Green Project'' that created Java, a technology now emerging as a worldwide standard for network application development and deployment. Sheridan will work with Novell's business development and product teams to identify and develop new solutions and business opportunities based on Java, NDS (Novell's industry-leading directory service) and other network services allied with Novell's NetWare server platform. These services add intelligence and manageability to enterprise networks and the Internet, dramatically reducing the cost of owning networks. Sheridan most recently was director of Sun's Persona project, focusing on the development of small business and personal server solutions. Along with James Gosling and Patrick Naughton, Sheridan in 1990 co-founded the Green Project that created Java technology. Sheridan and Dr. Schmidt worked together at Sun on Java strategy. ''Working with Mike Sheridan has been one of the most productive and rewarding associations in my career, and I'm delighted to have him join our team at Novell'' said Schmidt. ''Mike has a proven ability to structure breakout plays for important Internet technologies like Java and NDS. He's the right person to identify new business opportunities for NDS and the NetWare platform.'' ''I'm thrilled by this opportunity to work with Eric Schmidt and the entire team at Novell,'' said Sheridan. ''Novell is a pure networking play and rapidly gaining momentum as an Internet software leader. I see great promise in Novell's software for new kinds of services that will take advantage of Java and the Internet to solve customers' business problems.'' About Novell Founded in 1983, Novell 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 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 as novell.com. NOTE: Novell and NetWare are registered trademarks and NDS is a trademark of Novell, Inc. All other trademarks are the property of their respective owners. SOURCE: Novell, Inc.