Ransom Love, President and CEO of Caldera Systems Inc. Opens Nasdaq; Caldera Systems is Also Added to the Russell 3000

Business Wire, June 15, 2000

Business Editors

NEW YORK--(BUSINESS WIRE)--June 15, 2000

Caldera Systems Inc. (Nasdaq: CALD) Thursday announced that company President and Chief Executive Officer, Ransom Love, opened the Nasdaq Stock Exchange at 9:30 a.m., EST.

Caldera Systems Inc., a leading provider of Linux eBusiness Solutions, did an initial public offering March 21, 2000. The company reported revenues of $1.4 million for the second quarter of this fiscal year, a 150 percent increase over revenues in the second quarter of 1999.

"It's an honor to be recognized by the Nasdaq today," said Love. "As we execute our mission of developing, deploying and managing Linux-based specialized servers and Internet access devices, we hope for additional growth and opportunities."

After opening the Nasdaq Stock Exchange, Love addressed institutional investors and financial analysts at the Bear Stearns 11th Annual Technology Conference.

Caldera Systems was also added to the Russell 3000 Index this week. The Russell 3000 Index confines itself to the 3,000 most actively traded shares and is divided into the Russell 1000 and Russell 2000 subindexes. The Russell Indexes track close to 99 percent of the stocks included in portfolios of institutional investors.

For more information about Caldera Systems Inc., please visit www.calderasystems.com.

Caldera Systems Inc.

Caldera Systems Inc. is a "Linux for eBusiness" technology leader in developing and marketing successful Linux-based business solutions, including its award-winning OpenLinux, NetWare for Linux, Linux technical training, certification and support--with free 30-day phone support and on-site consulting.

Caldera OpenLearning Providers offer exceptional distribution-neutral Linux training and certification based on Linux Professional Institute (LPI(TM)) certification standards. Caldera Systems supports the open source community and is a leader in, and advocate of Linux Standard Base (LSB(TM)) and LPI(TM).

Caldera Inc. was founded in 1994. Caldera Systems Inc. was created in 1998 to develop Linux-based business solutions. Based in Orem, Utah, Caldera Systems has offices and 800 resellers worldwide. For more information, see www.calderasystems.com or in the U.S. call 888-GO-Linux (888/465-4689).

Caldera is a registered trademark of Caldera Systems Inc. All other products, services, companies, events and publications are trademarks, registered trademarks or servicemarks of their respective owners in the U.S. and/or other countries.

LINUX is a registered trademark of Linus Torvalds.

Forward-Looking Statements

The statements set forth above include forward-looking statements that involve risks and uncertainties. The company wishes to advise readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements.

Those factors include the failure of the products described above to operate as designed due to incompatibility with some platforms or other defects; our reliance on developers in the open source community; new and changing technologies and customer acceptance of those technologies; the company's ability to compete effectively with other companies; failure of our brand to achieve the broad recognition necessary to succeed; unenforceability of the GNU general public license; our reliance on third party developers of components of our software offerings; claims of infringement of third-party intellectual property rights; and disruption in the company's distribution sales channel.

These and other factors which could cause actual results to differ materially are also discussed in the company's filings with the Securities and Exchange Commission, including its recent filings on Form S-1.