Sheldon Laube Joins Novell As Chief Technology Officer

Orem, UT, -- May 15, 1995 -- Novell, Inc. today named Sheldon J. Laube as executive vice president and chief technology officer, a new position reporting directly to Novell chairman and CEO Robert J. Frankenberg. Laube will lead the development of Novell's technology strategy across its product divisions. Novell's technology combines networks and applications to make network computing more pervasive, powerful, and valuable to customers.

Laube comes to Novell from Price Waterhouse, a worldwide $4 billion professional services firm, where he was director of information and technology. He gained industry-wide attention by running two groups: the Price Waterhouse World Technology Centre in Menlo Park, California, that develops advanced technologies for use by Price Waterhouse and its clients, and the Price Waterhouse LLP Information Technology Centre in Tampa, Florida, that provides the organization's global network and information infrastructure.

"Sheldon Laube is the rare combination of technlogy visionary and down-to-earth business leader," said Frankenberg. "He has the ability to see the potential for advanced technologies to meet customer needs and has the hands-on experience to transform our vision into creative solutions. He is a champion for open market standards, for strategic partnerships, and for technologies including networks, groupware, and client/server. His success implementing these technologies on a global scale makes him uniquely qualified to contribute to the future of our products and our customers."

Laube said, "Novell is the world leader in network computing. This position represents an exceptional opportunity to bring the full benefits of computer networks to customers everywhere. I look forward to working with Novell's excellent team of scientists and system architects, and to working in partnership with other leaders in computing and telecommunications."

Laube's contributions at Price Waterhouse include the large-scale design and implementation of innovative applications based on Novell products. As a major Novell customer, Price Waterhouse maintained a Novell NetWare network serving 35,000 nodes. Laube's team at the World Firm Technology Cent developed and implemented TeamMate, an innovative client/server solution for workflow and document management that uses Novell's Paradox, WordPerfect, and Quattro Pro applications as components. TeamMate is one of the first large-scale, distributed client/server solutions to link shrink-wrapped and custom, in-house applications in a tightly integrated environment. TeamMate was noted in several trade and technical journals for dramatically reducing paperwork and improving productivity among Price Waterhouse personnel. It won second prize among 143 applicants in the 1994 Windows World Open contest.

One of Laube's primary roles will be to deliver greater customer value through the integration of Novell's system software, information access, network application and groupware products. Novell's leadership in network software is based on the delivery of products which extend the capabilities of computer networks.

"I look forward to working with all of Novell's product groups to advance Novell's technology," said Laube. "I will also be listening to customers for their requirements, working with partners to understand their technologies, and determining how we can bring the best solutions to market. Novell's goal is to solve customer problems through our own internal development, strategic partnerships, or acquisitions."

Laube's responsibilities include leadership of Novell's Advanced Technology Group, a team of senior scientists and architects who work together to evaluate and develop new technologies. The group also participates in education, evaluation, and prototyping of advanced technologies.

Laube, 44, joined Price Waterhouse in 1986 when it acquired Consumer Financial Institute (CFI). He was vice president, research and development at CFI, where he helped build the company from a small consulting firm to one of the nation's largest independent providers of computer-based personal financial planning services. Computer Reseller News named him one of the world computer industry's top 25 executives for 1994.