Lindon, UT — (press release) — Embedded Linux supplier Lineo, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering by the Company of its Common Stock.

Credit Suisse First Boston will lead manage and Lehman Brothers Inc., Dain Rauscher Wessels and Wit SoundView will co-manage the offering. A prospectus for this offering may be obtained from Credit Suisse First Boston Corporation at Eleven Madison Avenue, Attn: Prospectus Department, New York, New York 10010-3629.

Lineo provides a broad range of embedded operating system products and services through a combination of its experience with embedded operating systems, expertise in Linux operating systems and involvement in the open source community. Its embedded Linux technologies and services enable microprocessor companies and original equipment manufacturers to quickly and cost-effectively develop, optimize and integrate unique embedded systems that feature high functionality, performance and reliability and ease of use.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state.

 
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