Press Release

Novell Names Jeff Waxman To Head Applications Group

Orem, UT, -- May 11, 1995 -- Novell, Inc. today announced the appointment of Jeffrey H. Waxman as executive vice president and general manager of its Applications Group, the Novell business unit that develops and markets such leading products as PerfectOffice, WordPerfect, and GroupWise. Waxman will report directly to Novell chairman and CEO Robert J. Frankenberg. He joins Novell from ServiceSoft Corporation, the leading developer of diagnostics software, where as president and CEO he steered the company onto its current track of profitability and growth.

Before joining ServiceSoft, Waxman was president and chief executive officer of Uniplex, Inc., a leading international developer of integrated office applications for open systems; and vice president sales and marketing for Computer Consoles, Inc., a developer of minicomputer software and the first integrated suite of office applications. A veteran of over 25 years in technology industries, he worked from 1968 to 1983 at Xerox Corporation where he became field operations manager for Federal sales worldwide.

"Jeff Waxman has the right track record as CEO and business leader with an international perspective to build on the significant progress of our Applications Group," said Frankenberg. "The new PerfectOffice application suite and GroupWise electronic mail and workgroup productivity product are rapidly gaining market share as Novell begins to lead the way to network applications. Jeff has the vision and experience to focus our efforts to deliver applications that have no equal in the way they help our customers communicate and collaborate over computer networks."

Waxman said, "The growth Novell sees today in products like PerfectOffice and GroupWise is just the beginning of a tremendous opportunity for network applications. As the undisputed leader in networking, Novell has the talented people, partnerships, and technology in place to capitalize on that opportunity. While Novell networks provide the infrastructure for the information highway, our applications will provide the vehicles our customers need to use the highway -- at work, at home, or anyplace where they need information."

Waxman takes charge of a group now generating approximately 30% of Novell revenues through its Business Application, Groupware, and Consumer Products divisions. Novell's PerfectOffice suite has achieved 25% market share since its December release, surpassing Lotus Smart Suite as the second best-selling suite in the marketplace, while Novell's GroupWise and related groupware products continue to experience strong growth after more than tripling share to 15% of market in 1994. Sales are also increasing for individual Novell business applications such as WordPerfect 6.1 for Windows and WordPerfect 3.1 for the Macintosh. In addition, the group produces a line of consumer and productivity software under the PerfectHome brand.

Waxman, 48, will relocate to Utah, site of the principal development and business facilities for the Novell Applications Group. He replaces Ad Rietveld, former executive vice president and general manager of the Applications Group, who resigned in March to pursue other opportunities.