Neoware to Release Q1 Earnings on October 29, 2002


KING OF PRUSSIA, Pa., Oct. 3, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software and solutions for the emerging Appliance Computing market, announced today that it intends to release its fiscal year 2003 first quarter results before the open of the market on Tuesday, October 29, 2002.

In connection with this release, management of Neoware Systems, Inc. will host a conference call at 11:00 AM Eastern Time on October 29, 2002. The conference call will be available live via the Internet on Vcall at www.vcall.com and on the Neoware website at www.neoware.com. To participate, go to the website 10 minutes prior to the call to register, download and install any necessary audio software. If you are unable to attend the live conference call, an Internet replay of the call will be archived and available after the call.

The call will also be accessible by dialing 800.482.5519 for domestic calls and +1.303.224.6999 for international calls. The conference ID will be 2445129 and the leader's name is Michael Kantrowitz. A replay of the call will be available through November 7, 2002 by dialing 888.211.2648 domestically and +1.703.925.2474 internationally.

About Neoware

Neoware provides software, services, and solutions to enable Appliance Computing, a new 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 invest@neoware.com. Neoware is based in King of Prussia, PA.

Neoware is a registered trademark of Neoware Systems, Inc. All other names products and services are trademarks or registered trademarks of their respective holders.



            

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