LINDON, Utah, Nov. 24 /PRNewswire-FirstCall/ -- The SCO Group, Inc.
(Nasdaq: SCOX), owner of the UNIX operating system and a leading provider of
UNIX-based solutions, today announced that Thomas P. Raimondi Jr., president
and CEO of MTI Technology Corp., has resigned as a director of The SCO Group.
Mr. Raimondi informed the Company that current and anticipated time
constraints relating to his duties at MTI required him to discontinue his
service on the Board, effective as of Nov. 24, 2004. Mr. Raimondi has served
as a member of The SCO Group's Board of Directors since September 1999.
The SCO Group's Board of Directors, which consists of eight seats, has
initiated a search for candidates to fill the vacant seat, and will seek to
appoint a replacement at the 2005 annual meeting of shareholders.
"We thank Thomas for his time, energy and contributions as a director of
the Company and wish him well in his future endeavors," said Ralph Yarro, III,
Chairman, The SCO Group.
"It has been an honor to serve on The SCO Group's Board of Directors. I
continue to support the Company's strategy and wish the Company continued
success," said Raimondi.
This press release contains forward looking statements related to The SCO
Group's anticipated 2005 annual meeting of shareholders. 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.
The SCO Group, Inc. (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. All other brand or product names are or may be
trademarks of, and are used to identify products or services of, their
SOURCE The SCO Group, Inc.