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SCO Ranked Number 75 In Deloitte Technology Fast 500

  • 16 October, 2003 11:46

<p>FOR IMMEDIATE RELEASE
Sydney - 16th October 2003</p>
<p>The SCO Group (SCO) (Nasdaq: SCOX), a leading provider of business software solutions, has announced its ranking - number 75 - on the 2003 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. The Deloitte Technology Fast 500 rankings are based on average percentage revenue growth over a five-year period, from 1998-2002. SCO revenues grew 5,978 percent during this period.</p>
<p>SCO president and CEO, Darl McBride, credits the company's increased revenue growth to a renewed focus on SCO's core UNIX business, strategic Web Service initiatives and continued commitment toward protecting its valuable intellectual property. "As a company, we've worked hard to ensure that our company is in a cash-positive position," said Mr McBride. "It's an honour to receive this type of recognition from Deloitte."</p>
<p>"Attracting enough customers to maintain four digit growth over five years makes a strong statement about the quality of a company's product and its leadership," said Mark Evans, national managing partner of Deloitte's Technology, Media &amp; Telecommunications Group. "We commend SCO for making the Deloitte Technology Fast 500 with a phenomenal 5,978 percent growth rate over five years."</p>
<p>To qualify for the Deloitte Technology Fast 500, a company must be a public or private entity that is headquartered in North America. The company must have a sole focus on technology-defined as any company that owns proprietary technology that contributes to a significant portion of the company's recorded operating revenues.</p>
<p>The Fast 500 list is compiled from Deloitte's 20 regional North American Fast 50 programs and public company database research. To qualify for the Fast 500, entrants must have had 1998 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2002 operating revenues must be at least $1 million USD or CD. Deloitte researchers examined financial statements to validate operating revenues.</p>
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<p>About Deloitte.</p>
<p>Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognised as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte &amp; Touche LLP and affiliated entities. Deloitte is the US member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the name "Deloitte," "Deloitte &amp; Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the US member firm and not by the Deloitte Touche Tohmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us .</p>
<p>About SCO.</p>
<p>The SCO Group (Nasdaq: SCOX) helps millions of customers in more than 82 countries to grow their businesses everyday. Headquartered in Lindon, Utah, SCO has a worldwide network of more than 11,000 resellers and 4,000 developers. SCO Global Services provides reliable localised support and services to partners and customers. For more information on SCO products and services, visit http://www.sco.com .
SCO, and the associated SCO logo are trademarks or registered trademarks of The SCO Group, Inc. in the U.S. and other countries. UNIX is a registered trademark 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.</p>
<p>For more information please contact:
Kieran O'Shaughnessy
SCO Group
+61 2 9455 0500
kierano@sco.com</p>
<p>Press contact:
Michael Henderson
Gotley Nix Evans
+61 2 9957 5555
+61 4 1305 4738
sco@gne.com.au</p>

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