KING OF PRUSSIA, Pa., March 19, 2002 (PRIMEZONE) -- Neoware Systems, Inc. (Nasdaq:NWRE), the leading supplier of award-winning software, services, and solutions for the Appliance Computing market, announced today that Charles M. Quinn has joined the Company as the Director of IBM Business Development, focusing on developing Neoware's business relationships with the IBM sales organization in the United States, and Raymond J. Zilka has joined the Company as a Regional Sales Manger for the newly created North Central Region, which encompasses 10 states in the central U.S.
Mr. Quinn joins Neoware from IBM, where he most recently was a Sales Executive focused on the distribution, retail, travel, transportation, and hospitality industries. With over 30 years of experience with IBM, Mr. Quinn has significant expertise in the information technology industry having held business unit executive, technical support executive, and product and marketing management positions. In this newly created position, Mr. Quinn will use his knowledge and past relationships to assist the IBM sales organization to assure that the needs of its end user thin client accounts are fulfilled by Neoware.
Mr. Zilka joins Neoware from IBM, where he most recently was the Senior Sales Specialist for NetVista thin clients in the North Central Region. His prior experience includes significant knowledge in the thin client and computing industries from his sales management positions with companies including Wyse, NCD, and Datapoint Corporation. Mr. Zilka brings thin client technical expertise and understanding of customer needs within this territory which will enable a concentrated focus on this region.
"Neoware's leadership in the thin client appliance marketplace and our alliance with IBM has opened up the opportunity to better serve both IBM and Neoware customers," stated Michael Kantrowitz, president and CEO of Neoware Systems. "Charlie has joined Neoware to build our focus and commitment to IBM's thin client business and customers. His experience within the information technology industry combined with his understanding of the IBM sales organization will greatly benefit Neoware. Neoware is also pleased to have someone with Ray's thin client experience join the Company. This will enable Ray to hit the ground running, benefiting both Neoware and our customers. The addition of Charlie and Ray to our team is another example of Neoware's ability to attract exceptionally qualified personnel to help build our success."
About Neoware
Neoware provides software, services, and solutions to enable Appliance Computing, a new Internet-based computing architecture targeted at business customers that are designed to be simpler and easier than traditional PC-based computing. Neoware's software and management tools power and manage a new generation of smart computing appliances that utilize the benefits of open, industry-standard technologies to create new alternatives to personal computers used in business and a wide variety of proprietary business devices. Neoware's products are designed to run local applications for specific vertical markets, plus allow access across a network to multi-user Windows servers, Linux servers, mainframes, minicomputers, and the Internet. Computing appliances that run and are managed by Neoware's software offer the cost benefits of industry-standard hardware and software, easier installation, and have lower up-front and administrative costs than proprietary or PC-based alternatives. More information about Neoware can be found on the Web at www.neoware.com or via email at info@neoware.com Neoware is based in King of Prussia, PA.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Neoware's leadership position in the growing thin client appliance marketplace, the acceleration of Neoware's growth and brand development, Mr. Quinn's and Mr. Zilka's contribution to the Company and its customers, and the cost benefits and other advantages of the Company's products. These forward-looking statements involve risks and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statements include Neoware's timely development and customers' acceptance of Neoware's appliance computing products, pricing pressures, rapid technological changes in the industry, growth of the appliance computing market, increased competition, Neoware's ability to attract and retain qualified personnel, including Mr. Quinn and Mr. Zilka, adverse changes in general economic conditions in the U.S. and internationally, risks associated with foreign operations and political and economic uncertainties associated with current world events. These and other risks are detailed from time to time in Neoware's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its report on Form 10-K for its fiscal year ended June 30, 2001.
Neoware is a registered trademark of Neoware Systems, Inc. All other names, products, and services are trademarks or registered trademarks of their respective holders.