Santa Cruz, CA — In his keynote speech at Forum2000, Doug Michels, president and CEO of The Santa Cruz Operation, Inc., announced that the company intends to change its name to Tarantella, Inc.
The name change will be part of the transition related to the proposed acquisition of the SCO Server Software and Professional Services divisions by Caldera Systems. Doug Michels, CEO and president of The Santa Cruz Operation, Inc., will continue as CEO of the renamed company, and Mike Orr, current president of Tarantella, Inc., will assume the role of president and COO of Tarantella, Inc.
“This name change underscores the fact that we are concentrating our investments on Tarantella web-enabling software,” said Doug Michels. “We’re sending an unambiguous signal that the company is firmly committed to growing the worldwide market for Tarantella. As Tarantella, Inc., there is no doubt about how serious we are regarding the opportunities we see ahead.”
“Tarantella, Inc. will act very much like a start-up, completely focused on the growth potential we foresee for Tarantella products,” said Mike Orr. “That growth is fueled by the increasing business use of the Internet, the continued attractiveness of thin-client computing, and by the accelerating adoption of the ASP business model.”
The board of directors has unanimously approved the name change, which is now subject to the approval of The Santa Cruz Operation, Inc. stockholders, and regulatory agencies. The name change will take place as soon as practical after the shareholder vote, which is expected to occur in October 2000.
Tarantella, Inc. is wholly owned subsidiary of The Santa Cruz Operation, Inc., which provides enabling technologies connecting clients, server-based applications, and networks. The Tarantella product line includes Tarantella Enterprise II for large companies and organizations, Tarantella Express for workgroup and departmental environments, and Tarantella ASP Edition for Application Service Providers. Tarantella products provide access to Windows, mainframe, Linux and UNIX applications, are available today for all popular RISC and Intel processor-based UNIX servers and selected Linux servers. For more information, see http://www.tarantella.com .
With headquarters in Santa Cruz, CA, The Santa Cruz Operation, Inc. is comprised of three independent divisions – Tarantella, Inc., the Server Software Division, and the Professional Services Division. The Server Software Division is the world’s number one provider of UNIX server operating systems. Tarantella, Inc. promotes a range of software technologies and products that web-enable any application instantly, for access by users anywhere. For more information, visit SCO’s home page at http://www.sco.com/scoinc.com .