PRNewswire: MTI Technology Completes Acquisition of Equity Interest in Caldera…

“MTI Technology… announced that it has completed its purchase
of a minority equity interest in Caldera Systems Inc. MTI purchased
over 5.3 million shares of Caldera’s Common Stock for $6.0
million.”

“MTI believes that this strategic relationship with Caldera
offers a number of benefits. MTI is adding support for Linux to its
product offerings to complement the MTI’s cross-platform strategy
that includes support for Windows NT and major UNIX-based
platforms. MTI believes its expertise in developing and
marketing high-availability storage solutions can assist in
advancing Linux as an alternative operating system for
mission-critical applications.

MTI expects to leverage its service and support resources to
meet the consulting, service and support needs of the growing Linux
market. In addition, MTI is using Linux as a foundation for
developing advanced storage technologies and products.”

” ‘As Linux-based applications and products continue to grow in
number and capability, we believe that the Linux operating system
will become an increasingly important alternative operating system
for high-availability, mission-critical applications that require
scalable, high-performance data servers and storage solutions,’
Pearlman said.”

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