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LINDON, Utah, Apr 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- The SCO Group, Inc. (Nasdaq: SCOX), the owner of the UNIX® operating system and a leading provider of UNIX-based solutions, today announced the expansion of its executive team with the appointment of Bert Young as Chief Financial Officer. Young brings to SCO a seasoned background in executive-level management responsibilities from a variety of information technology companies including worldwide finance, operations, mergers and acquisitions expertise.
Previous to SCO, Young was the Vice President and Chief Financial Officer for LANDesk Software, where he was accountable for all financial management and reporting to company stockholders. He has also served as CFO for several other companies including Talk2 Technology, Inc. and Whittman-Hart. He was also the CIO for Chicago-based Waste Management, Inc.
"We look forward to Bert's contributions in helping drive additional efficiencies in our company operations," said Darl McBride, President and CEO, The SCO Group, Inc. "His years of experience in all facets of worldwide operations will enhance our current management team."
In addition to the appointment of Young, the company announced that Bob Bench will assume the responsibilities of acting Vice President of Corporate Development. Bench has been the company's CFO for the past three and one half years and will focus on external growth opportunities and industry partnerships. As the company fills this position on a permanent basis, Bench plans to retire from SCO later this year. "These changes in senior management responsibilities will allow significant focus on efficient internal operations, development of our current product lines, and the addition of technologies and products through acquisition and partnering," said McBride.
Forward-Looking Statements
This press release contains forward looking statements related to SCO's belief that the appointment of Bert Young will enhance its management team, SCO's anticipation that Mr. Young will contribute in helping SCO drive additional efficiencies in its operations and SCO's belief that the changes in senior management responsibilities will allow significant focus on efficient internal operations, development of its current product lines and the addition of technologies and products through acquisition and partnering. SCO wishes to advise readers that a number of important factors could cause actual results to differ materially from those anticipated in such forward-looking statements. These and other factors that could cause actual results to differ materially from those anticipated are discussed in more detail in SCO's filings with the Securities and Exchange Commission.
About SCO
The SCO Group (NASDAQ: SCOX) helps millions of customers in more than 82 countries to grow their businesses everyday. Headquartered in Lindon, Utah, SCO has a worldwide network of more than 11,000 resellers and 4,000 developers. SCO Global Services provides reliable localized support and services to partners and customers. For more information on SCO products and services, visit http://www.sco.com.
SCO, and the associated SCO logo are trademarks or registered trademarks of The SCO Group, Inc. in the U.S. and other countries. UNIX is a registered trademark of The Open Group.
SOURCE The SCO Group, Inc.
Blake Stowell, bstowell@sco.com, +1-801-932-5703, or Marc Modersitzki, mmodersi@sco.com, +1-801-932-5635, both of The SCO Group; Dave Close or Avi Dines, both of Schwartz Communications, +1-781-684-0770, sco@schwartz-pr.com, for The SCO Group
http://www.SCO.com
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