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. Forward-Looking Statements 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. About SCO 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 respective owners.
SOURCE The SCO Group, Inc.