Caldera Systems Files for IPO to Fund General Corporate Purposes

Caldera Systems, Inc., a provider of award-winning Linux products and services, has filed a registration statement with the Securities Exchange Commission (SEC) for an initial public offering (IPO). The offering will be managed by Robertson Stephens, Bear, Stearns & Co. Inc., Wit Capital Group, Inc. and First Security Van Kasper.

The net proceeds of the offering will be used for general corporate purposes. Caldera Systems, Inc. enables the development, deployment and management of Linux specialized servers and Internet access devices that simplify computing. The company's solutions are specifically designed to meet the complex needs of eBusiness. Caldera facilitates the adoption of Linux by providing educational programs designed to help customers develop, deploy and administer Linux systems.

The company embraces the Open Source model and participates as a key member of many Open Source, industry standards and partner initiatives, including Linux Professional Institute (LPI), Linux Standards Base (LSB) and Linux International Group. Caldera primarily distributes its products and services through its indirect distribution channel. Caldera's customers include IBM, MTI Technology Corporation, AST Computers, First International Computers, Cendant, Frank Kasper & Associates, Gates/Arrow, Ingram Micro, MediaGold, Navarre Corporation, Support Net and Tech Data. Caldera Systems, Inc. is based in Orem, UT., with offices and 950+ resellers worldwide.

Please visit Caldera Systems at In the US, please call 888-GO-Linux (888-465-4689). In Europe, please call (801) 765-4999 or contact us via E-mail at To become an OpenLinux reseller, please visit Caldera Systems, Inc. is a Canopy Group holding under the Ray Noorda/Canopy Group Investment Company. Ray Noorda is the former CEO of Novell, Inc. (NASDAQ:NOVL)