KING OF PRUSSIA, Pa., August 12, 2003 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of software, services and thin client appliances, today announced that building products distributor, Norandex/Reynolds, a division of Owens-Corning, is deploying Neoware's thin client appliances to upgrade the security of its branch locations and to lower operating costs.
Norandex/Reynolds, with 175 branch locations around the United States, provides high quality building products for home exteriors, including vinyl siding and other cladding products, windows, doors, gutters, shutters, vinyl fencing and decking. Norandex/Reynolds chose Neoware thin clients appliances because they do not require local storage devices such as hard drives, CD-ROMs or floppy drives, offering a cost-effective, secure desktop solution that prevents users from installing applications and protecting against the introduction of viruses.
Neoware's software and thin client appliances enable customers to store all applications and data on centralized servers, making the corruption of data at the desktop impossible. Norandex/Reynolds selected Neoware thin client appliances instead of PCs because of this greater security, as well as lower up-front and total ownership costs, which frees the company to allocate IT and financial resources elsewhere.
"Breaches in security are costly on many levels and it is critical to us and our customers that we maintain a secure environment," says Tim Keefer, manager of enterprise and network services at Norandex/Reynolds. "Neoware's thin client appliances enabled us to tighten our security while eliminating the time our technicians spend handling security issues. The payback from moving to Neoware has already been significant."
Norandex/Reynolds has installed Neoware thin client appliances in its warehouse locations so that employees can efficiently track inventory and rapidly process orders to keep up with customer requests. In the company's corporate headquarters, Norandex/Reynolds recently started using Neoware thin client appliances that support high-resolution displays, which attests to the thin clients' flexibility to serve a variety of environments.
"Norandex/Reynolds quickly realized the security and savings of migrating to Neoware's thin client appliances," stated Michael Kantrowitz, Chairman and CEO of Neoware Systems. "Also, Norandex/Reynolds is able to serve its customers better by using Neoware's products to deliver the latest technology to its branch locations across the country."
About Norandex/Reynolds Distribution Company
Norandex/Reynolds , a division of Owens-Corning, distributes a full range of quality building products for the home exterior, including: vinyl, wood, and aluminum window and door products, vinyl, aluminum, steel and fiber-cement siding, soffit, coil stock, gutters and downspouts, shutters, vinyl fencing, railing and decking, and other related exterior building products. Quality Norandex and Reynolds building products beautify and protect the exterior of thousands of homes all across the country.
About Neoware
Neoware provides software, services, and solutions to enable Appliance Computing, a proven 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, maintenance, and administrative costs than proprietary or PC-based alternatives.
More information about Neoware can be found on the Web at http://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: the growth of the thin client market; our position as the fastest growing player in the thin client computing market; our position as the leading supplier of software, products, services and solutions for the Appliance Computing market; and the benefits of our software-focused business model allowing customers to preserve capital investment and lower ongoing costs of ownership. 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 statement include our ability to continue to lower our costs, our timely development and customers' acceptance of our Appliance Computing products, pricing pressures, rapid technological changes in the industry, growth of the Appliance Computing market, increased competition, our ability to attract and retain qualified personnel, our ability to identify and successfully consummate and integrate future acquisitions, adverse changes in customer order patterns, 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, 2002 and Form 10-Q for the quarter ended December 31, 2002
Neoware is a registered trademark of Neoware Systems, Inc. All other names, products and services are trademarks or registered trademarks of their respective holders.
From: For: Gregory FCA Communications, Inc. Neoware Systems, Inc. 27 W. Athens Ave. 400 Feheley Drive Ardmore, PA 19003 King of Prussia, PA 19406 Contact: Contact: Tim Cifelli Sharon O'Shea (610) 642-8253 (610) 277-8300, ext. 1743 email: tim@gregoryfca.com email: sharon.oshea@neoware.com