KING OF PRUSSIA, Pa., July 10, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services, and solutions for the Appliance Computing market, today announced that its products are available on MicronPC's Department of Veterans' Affairs Procurement of Computer Hardware and Software Contract No. V101(93)P-1841 (PCHS-2) and GTSI's Department of Veterans' Affairs Procurement of Computer Hardware and Software Contract No. V101(93)P-1843 (PCHS-2).
The PCHS-2 contract enables the Department of Veterans' Affairs to receive the benefits of easy purchasing and special cost savings. With the addition of this contract, government buyers can now purchase Neoware products from the IBM GSA schedule and PCHS-2, offering a broad choice of contracts for simplified procurement.
Neoware software and thin client appliances let users access virtually any application -- Windows, UNIX, AS/400, Internet, and mainframe-based -- without the cost and administration associated with personal computers. Neoware thin client appliances drive down up-front acquisition and ongoing maintenance costs by allowing users to run applications from servers, not the desktop, and typically having no hard drive, floppy, CD-ROM, fan, or other moving parts which could fail. With Neoware's ezRemote Manager software, system administrators can manage thousands of thin client appliances from a central location, significantly lowering the cost of desktop administration compared to personal computers.
"Being a part of the PCHS-2 contract, Neoware is able to provide our award-winning products to the Department of Veterans' Affairs with simplified purchasing, and with ongoing savings," stated Howie Hunger, Neoware's Executive Vice President of Marketing and Business Development. "Making our products available on the PCHS-2 contract reinforces Neoware's commitment to provide superior products, while saving our customers money."
About Neoware
Neoware provides software, services, and solutions to enable Appliance Computing, an Internet-based computing architecture targeted at business customers that is 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 sales of Neoware's products to federal agencies 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 continuing sales under the PCHS-2 contract, 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, adverse changes in general economic conditions and risks associated with government contracts and foreign operations. 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. Windows is a registered trademark of Microsoft Corporation. All other names, products, and services are trademarks or registered trademarks of their respective holders.