Industry Leaders Neoware, IBM and Citrix Join Forces to Evangelize Server-Based Computing


KING OF PRUSSIA, Pa., Jan. 14, 2003 (PRIMEZONE) -- Neoware Systems, Inc. (Nasdaq:NWRE), the leading supplier of award-winning software, services and education for the thin client appliance market, today announced that the Company, IBM and Citrix Systems, Inc. will lead a nationwide road show, demonstrating the benefits of server-based computing.

The server-based computing road show is ideal for IT professionals of companies considering the benefits of server-based computing and thin client technologies. The multi-city road show provides an overview and discussion of the cost savings and return on investment of server-based and thin client appliance computing. The road show will cover hot topics such as server consolidation, application management, business continuity, desktop security and reliability, and investment protection. Time will be allocated for a question and answer period, and for individual discussions with attendees and session leaders. Live, hands-on demonstrations will also be provided. All sessions run 8:30 AM to 1:00 PM.

Server-based computing road show schedule:


        Jan. 16  Boston, MA            Feb. 4  Minneapolis, MN
        Jan. 28  Arlington, TX         Feb. 6  Downers Grove, IL
        Jan. 30  Torrance, CA          Feb. 11  Washington DC

More information regarding the road show, additional dates and locations, and registration is available at www.neoware.com/roadshow, or by calling 1-800-Neoware (636-9273).

Server-based computing is a logical evolution of today's networking environments that gives organizations a way to extend resources, simplify application deployment and network administration, and lower the cost of application ownership. This thin client computing architecture results in a high-performance, low-cost way to deploy and manage business-critical applications throughout an enterprise. With server-based computing all applications reside on the server, rather than individual PCs, greatly reducing time and costs associated with network support while enhancing performance.

"Neoware is pleased to join with industry leaders IBM and Citrix to evangelize server-based computing," stated Michael Kantrowitz, Chairman and CEO of Neoware Systems. "This is a perfect forum to showcase complementary technologies from three industry leaders and demonstrate how these products work together to provide a more secure, reliable, high performance environment that saves significant costs and support today's most demanding applications."

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.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding growth of the Company's business and the thin client appliance market 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, adverse changes in general economic conditions and risks associated with 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, 2002.

Neoware is a registered trademark of Neoware Systems, Inc. Windows is a registered trademark of Microsoft Corporation. Citrix(r) is a registered trademark of Citrix Systems, Inc. in the US and other countries. All other names, products, and services are trademarks or registered trademarks of their respective holders.



            

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