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LINDON, Utah, April 7, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- The SCO Group, Inc., (Pink Sheets: SCOXQ), a leading provider of UNIX(R) software technology and mobile services, today announced that SCO Tec Forum 2008 will be held August 10th - 13th at the Planet Hollywood Resort and Casino in Las Vegas. SCO Forum, in its 22nd consecutive year, is an opportunity for key customers and partners to come together and hear strategy and direction from company executives. Stephen Norris and Mark Robbins of Stephen Norris Capital Partners (SNCP) who together recently committed to sponsor a reorganization plan of The SCO Group Inc. ("SCO"), will be present to speak with customers about their commitment to SCO's UNIX business. Key topics at this year's Forum event will include introduction and demonstration of SCO's virtualization strategy, UNIX product roadmaps and direction from new members of SCO's management team. SCO Tec Forum 2008 will also include many technical breakout sessions and a hands-on training on Day Three.
"This will be perhaps one of the most significant SCO Forum events in company history," said Jeff Hunsaker, President and Chief Operating Officer of SCO Operations. "We are now anticipating our exit from bankruptcy and charting a new course for the company. Forum will be an excellent opportunity to communicate these developments to our customers and partners, while reaffirming our long-term commitment to them," said Hunsaker. "I have been meeting with customers from around the world over the past few months, and they are very pleased with the strategy and direction of our product roadmap that will be outlined at Forum."
"It is important for SCO customers to understand that we are committed to provide them with world-class products and services," said Steve Norris, Chairman of Stephen Norris Capital Partners. "SCO Tec Forum is an important opportunity for my team to get to know SCO's customers and partners better. We have been impressed with the loyalty and commitment we have seen from SCO's customers and partners during our due diligence, and we will reciprocate," said Norris.
SCO Tec Forum 2008 is open to current SCO customers and Registered Partners who may register for the event at http://www.sco.com/2008forum/register.html
About SCO
The SCO Group (PINKSHEETS: SCOXQ.PK) is a leading provider of UNIX software technology and mobile services. SCO offers UnixWare for enterprise applications and SCO OpenServer for small to medium sized businesses. SCO's innovative and reliable solutions help customers grow their businesses everyday. SCO owns the core UNIX operating system, originally developed by AT&T/Bell Labs and is the exclusive licensor to UNIX-based system software providers. The Me Inc. product line focuses on creating mobile platforms, services and solutions for businesses and enhances the productivity of mobile workers.
Headquartered in Lindon, Utah, SCO has a worldwide network of resellers and 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 logos are trademarks or registered trademarks of The SCO Group, Inc. in the U.S. and other countries. Microsoft and Windows are trademarks or registered trademarks of Microsoft Corporation.
About SCO Forum
SCO Forum, in its 22nd consecutive year, is an annual technology event hosted by The SCO group in which partners and customers come together to network and share ideas while receiving product roadmaps and direction from company executives. This years Forum 2008 event is exclusive to registered SCO customers and partners. More details will be available soon regarding the specific location, times, agenda and details at http://www.sco.com.
Forward Looking Statements
The statements contained in this press release regarding (i) the Company's exit from bankruptcy and new course as a company, (ii) the commitment of Stephen Norris Capital Partners to the customers and partners of SCO, and (iii) other statements that are not historical facts, are all forward-looking statements and are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks and uncertainties. We wish to advise readers that a number of important factors could cause actual results to differ materially from historical results or those anticipated in such forward-looking statements. These factors include, but are not limited to developments with respect to SNCP's due diligence investigation, the negotiation of definitive agreements with SNCP, financing arrangements, confirmation of a plan of reorganization, the outcomes and developments in our Chapter 11 case, court rulings in the bankruptcy proceedings, the impact of the bankruptcy proceedings or other pending litigation, developments in our litigation, our cash balances and available cash, continued competitive pressure on the Company's operating system products, which could impact the Company's results of operations, adverse developments in and increased or unforeseen legal costs related to the Company's litigation, the inability to devote sufficient resources to the development and marketing of the Company's products, including the Me Inc. mobile services and development platform, and the possibility that customers and companies with whom the Company has formed partnerships will decide to terminate or reduce their relationships with the Company. These and other factors that could cause actual results to differ materially from those anticipated are discussed in more detail in the Company's periodic and current filings with the Securities and Exchange Commission, including the Company's Form 10-K for the fiscal year ended October 31, 2007, Form 10-Q for the quarter ended January 31, 2008, and future filings with the SEC. These forward-looking statements speak only as of the date on which such statements are made, and the Company undertakes no obligation to update such statements to reflect events or circumstances arising after such date.
SOURCE The SCO Group, Inc.
http://www.sco.com
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