Contact:
Kathy Allred			
Caldera Systems, Inc.			
kallred@caldera.com 			
(801) 932-5814			
Fax: (801) 765-1313			


CALDERA SYSTEMS REPORTS FIRST QUARTER RESULTS

OREM, UT-February 28, 2001- Caldera Systems, Inc. (Nasdaq: CALD), a "Linux
for Business" leader, today reported revenue of $1.1 million for the three
months ended January 31, 2001, a 90 percent increase over revenue of
$553,000 for the comparable three-month period of the previous fiscal year
and a 10 percent decrease from revenue of $1.2 million for the prior quarter
ended October 31, 2000.  
	The Company reported a net loss for the three months ended January
31, 2001 of $9.8 million, or $0.25 per common share, compared with $15.5
million, or $0.63 per common share, for the same three-month period of the
previous fiscal year and $6.9 million, or $0.18 per common share, for the
three-month period ended October 31, 2000.  The net loss for the current
quarter included a one-time cost sharing charge relating to the SCO
acquisition of $602,000, whereas the comparable quarter for the prior fiscal
year included a $10 million charge for dividends.  
	"Strategically we are moving to a more economic model of Business to
Business, including corporate and OEM partnerships and strategic alliances,"
said Ransom Love, president and CEO of Caldera Systems, Inc.  "Corporate
sales are growing and corporate and OEM sales have surpassed retail sales." 

First Quarter 2001 Company highlights include: 
·	Caldera Ships Caldera Volution - the First Comprehensive Linux
Management Solution
·	Caldera Volution Wins Best Network Server Application at LinuxWorld 
·	Caldera and SCO Expand Acquisition Agreement to Include SCO
OpenServer Technology
·	Caldera OpenLinux eServer Preloaded on Compaq-ProLiant Servers
·	Caldera Sponsors Samba Client Library Development
Conference Call
Caldera Systems will host a conference call at 5:00 p.m. EST today, February
28, 2001 to discuss first quarter results.  To participate in the
teleconference, please call 1-800-289-0437, confirmation code 761543,
approximately five minutes prior to the time stated above.  A Webcast replay
will be available approximately 4 hours following the end of the call at . 
	
Caldera Systems, Inc.
Caldera Systems, Inc. (Nasdaq: CALD) is a "Linux for Business" 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 (LPIÔ) certification standards. Caldera Systems
supports the open source community and is a leader in, and advocate of Linux
Standard Base (LSBä) and LPIÔ.

Caldera, Inc. was co-founded in 1994 by Ransom Love. Caldera Systems, Inc.
was founded by Ransom Love in 1998 to develop Linux-based business
solutions. Based in Orem, UT, Caldera Systems has offices and 1000+
resellers worldwide. For more information, see www.calderasystems.com  or in
the US 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.
UNIX is a registered trademark of The Open Group.

Forward Looking Statements
The statements set forth above include forward-looking statements that
involve risks and uncertainties.  We wishe 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
possibility that the acquisition of the SCO server and professional services
businesses might not be consummated, which would affect the Company's
ability to transition to a business to business model as discussed above;
the Company's possible need to raise additional funds in order to carry out
its business plan, especially in light of increased capital needs as a
result of the proposed acquisition of the SCO server and professional
services businesses; 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; ; 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-4 and its annual report
on Form 10-K.