Neoware to Present at AEA Classic Financial Conference


KING OF PRUSSIA, Pa., Oct. 24, 2002 (PRIMEZONE) -- Neoware Systems, Inc. (Nasdaq:NWRE), the leading supplier of award-winning software, services, and solutions for the Appliance Computing market, today announced that the Company will be presenting at the AEA Classic Financial Conference at the Sheraton Hotel & Marina in San Diego, CA, on November 5th and 6th.

Michael Kantrowitz, Neoware's Chairman and CEO, will present an overview of the Company's business and products to groups of institutional investors, security analysts, money managers, and investment bankers over the two days.

More than 900 key technology investors are expected to attend this annual conference showcasing member companies with market values or annual sales exceeding $100 million. More than two hundred publicly held technology companies are expected to participate. For 32 years AEA has brought The Classic to technology industry leaders and financial influencers. The Classic provides technology companies with a platform to showcase their management teams, company positioning and product news. For more information, visit www.aeanet.org.

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.



            

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