Commenting on the announcement,
Given the maturity of Novell's sales transformation and the reorganization
of its sales activities, this position will be eliminated. The regional sales
management of Novell remains unchanged with
Financial Outlook Novell management reiterates the following financial guidance: For the full fiscal year 2008: * Net revenue is expected to be between $940 million and $970 million.
* Non-GAAP operating margin is expected to be between 7% and 9%, excluding all acquisition-related intangible asset amortization.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The forward-looking statements contained herein include statements relating to Novell's reorganization of its sales activities and personnel and future financial and operating results. Actual events may differ materially from current expectations, and are subject to a number of risks and uncertainties. Forward-looking statements are based on the beliefs and assumptions of Novell's management and on currently available information. Novell disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release except as required by the securities laws.
About Novell
Novell, Inc. (Nasdaq: NOVL) delivers the best engineered, most interoperable Linux* platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com.
Novell is a registered trademark of Novell, Inc. in
SOURCE Novell, Inc.