SCO's press release about their board member Ed Iacobucci's notice that he will not be standing for reelection to the board accompanies an 8K dated February 21 saying the same thing. SCO describes itself in the press release this time like this: The SCO Group (Nasdaq: SCOX - News) is a leading provider of UNIX software technology and mobile services, offering SCO OpenServer for small to medium business, UnixWare for enterprise applications, and Me Inc. for mobile services....SCO owns the core UNIX operating system, originally developed by AT&T/Bell Labs and is the exclusive licensor to UNIX-based system software providers.
Headquartered in Lindon, Utah, SCO has a worldwide network of thousands of resellers and developers. Here they both are, for the record. -- MathFox
Press Release
The SCO GROUP Announces Board Member Not Standing for Re-Election
Tuesday February 27, 4:05 pm ET
LINDON, Utah, Feb. 27 /PRNewswire-FirstCall/ -- The SCO Group, Inc. (Nasdaq: SCOX - News), a leading provider of UNIX-based solutions and mobile services, today announced that Ed Iacobucci, President and CEO of DayJet Corp., will not stand for re-election on The SCO Group's Board of Directors. Mr. Iacobucci informed the Company that current and future time constraints relating to his outside obligations, including his duties at DayJet, require him to discontinue his service on the Board, at the conclusion of the Company's Annual Meeting, which is currently scheduled for April 26, 2007. Mr. Iacobucci has served as a member of The SCO Group's Board of Directors since January 2000.
During his tenure on SCO's Board of Directors, Mr. Iacobucci has served on SCO's Compensation Committee and Litigation Oversight Committee.
"We would like to thank Ed for his service and contributions as a director of the Company and wish him well in his future endeavors," said Ralph Yarro, III, Chairman, The SCO Group.
"I have appreciated the association with Ed over the years and his guidance and direction as a member of the Company's Board," said Darl McBride, President and CEO, The SCO Group, Inc. "His service to SCO during the past seven years has been invaluable and we wish him great success in his continued responsibilities with DayJet."
"I appreciate the time that I have had to serve on The SCO Group's Board of Directors," said Mr. Iacobucci. "I have always felt strongly that the future health of our commercial software industry lies in its ability to protect the value of the intellectual property it develops -- I continue to value the importance of SCO's strategy and business direction and wish them success in the future."
About SCO
The SCO Group (Nasdaq: SCOX - News) is a leading provider of UNIX software technology and mobile services, offering SCO OpenServer for small to medium business, UnixWare for enterprise applications, and Me Inc. for mobile services. SCO's highly innovative and reliable solutions help millions of customers grow their businesses everyday, from SCO OpenServer on main street to UnixWare on Wall Street, and beyond. SCO owns the core UNIX operating system, originally developed by AT&T/Bell Labs and is the exclusive licensor to UNIX-based system software providers.
Headquartered in Lindon, Utah, SCO has a worldwide network of thousands of resellers and developers. SCO Global Services provides reliable localized support and services to partners and customers. For more information on SCO products and services, visit www.sco.com.
SCO, SCO OpenServer, Me Inc., and the associated SCO logo, are trademarks or registered trademarks of The SCO Group, Inc. in the U.S. and other countries. UNIX and UnixWare are registered trademarks of The Open Group. All other brand or product names are or may be trademarks of, and are used to identify products or services of, their respective owners.
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FORM 8-K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
The SCO Group, Inc. (the “Company”) today announced that on February 21, 2007, Edward E. Iacobucci notified the Company’s board of directors that he will not stand for re-election as a director of the Company at its next annual meeting of stockholders, which is currently scheduled for April 26, 2007. Mr. Iacobucci informed the Company that current and future time constraints relating to his outside obligations, including his duties as President and Chief Executive Officer of DayJet Corp, require him to discontinue his service on the Company’s board of directors. Mr. Iacobucci has served as a director since January 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: February 27, 2007
THE SCO GROUP, INC.
By: /s/ Bert B. Young
Name: Bert B. Young
Title: Chief Financial Officer
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