Novell Reports Financial Results for Second Fiscal Quarter 2004

Novell, Inc. has announced financial results for its second fiscal quarter ended April 30, 2004. Jack L. Messman, Novell chairman, president and chief executive officer said. "We are encouraged that NetWare(R)-related revenue in the quarter declined only 2% from the year ago period, or a 5% decline after adjusting for foreign currency effects. This figure compares to the prior year's decline rate in NetWare-related revenue of 12%, after adjusting for foreign currency effects. We believe this slowing of the rate of NetWare-related revenue decline reflects a favorable response from our customers to our Linux* strategy."

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