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Novell Acquires Netoria, Inc. NICE, France (BrainShare Europe '99) — May 18, 1999 — Novell®, Inc. (NASDAQ:NOVL) today announced its acquisition of Netoria, Inc., a privately held developer of directory enhancement software based in Orem, Utah. Financial terms of the acquisition were not disclosed. Netoria's technology extends and enhances the use of Novell Directory Services® (NDS™) across business networks. Their products are aimed at simplifying the use of directory services for end users and providing new value to network administrators. Novell over the next several months will integrate Netoria products and technology into its product line. During the transition period, Netoria will continue to distribute and support its products through existing channels, including products available for download from the World Wide Web at www.netoria.com. "Our development team is delighted to be joining Novell and unifying our efforts with the directory services leader," said Phil Montgomery, Netoria president. "Directory services have become essential to managing information, and Novell is the undisputed market leader. We are looking forward to bringing our development experience and perspective into the Novell fold." "Netoria has demonstrated that NDS can be enhanced in exciting ways to provide network administrators with robust tools and new levels of productivity," said Stewart Nelson, Novell senior vice president, products. "We intend to build on this expertise in the development of new directory applications that simplify network management while enabling new e-commerce activities and opportunities within the business ecosystem of Novell customers and partners." Netoria's operations will be integrated into Novell's New Products Initiatives Group, reporting to Mike Sheridan, vice president strategic business. The group is focused on development of new application products and business opportunities that leverage NDS.
About Novell Novell, Inc. (NASDAQ:NOVL) is the world's leading provider of directory-enabled networking software. Novell solutions give businesses total control of their private networks and the Internet, simplifying the management of user access and identity. Novell's worldwide channel, consulting, developer, education and technical support programs are the most extensive in the network computing industry. For information on Novell's complete range of products and services, contact Novell's Customer Response Center at (888) 321-4CRC (4272), or visit Novell's Web site at http://www.novell.com. Press may access Novell announcements and company information on the World Wide Web at http://www.novell.com/pressroom. Novell and Novell Directory Services are registered trademarks and NDS is a trademark of Novell, Inc. in the United States and other countries. All third-party trademarks are the property of their respective owners.
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