Neoware to Present at AeA Classic Financial Conference


KING OF PRUSSIA, Pa., Nov. 5, 2004 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services, and appliances for thin client computing, today announced that the Company will be presenting at the AeA Classic Financial Conference.

Keith Schneck, Neoware's Executive Vice President and CFO, will present an overview of Neoware's strategy, business and products on November 9 and 10. The conference will be held at the Hyatt Regency Hotel in Monterey, CA. The presentation will be broadcast over the Internet beginning on Tuesday, November 9, 2004 at 7 PM ET at http://investor.neoware.com/.

The AeA Classic Financial Conference will feature presentations from more than 200 AeA member companies to more than 800 key technology investors. In its 34th year, the AeA Classic Financial Conference continues to provide public technology companies with an environment in which to showcase their companies to key technology investors. In this exclusive three-day conference, company executives present their technologies, strategic missions, trend analysis and other significant information to a focused group of investors.

About Neoware

Neoware's software, services, and thin client appliances make computing more secure, manageable, reliable and affordable by enabling global enterprises to fully leverage server-based computing. By incorporating open, standards-based technologies and eliminating the obsolescence that is built into standard PC architectures, Neoware provides enterprises with increased flexibility and choice, as well as lower up-front and total costs.

Neoware's software products enable enterprises to gain control of their desktops, and to integrate mainframe, midrange, UNIX and Linux applications with Windows(r) and the web. Neoware's thin client appliances enable enterprises to run applications on servers, and display them across wired or wireless networks on secure, managed, reliable appliances that cost as little as one fourth the price of today's typical business PC. Neoware services enable corporations to benefit from server-based computing with training and end-to-end support.

Neoware's products are available worldwide from IBM, as well as from select, knowledgeable resellers. 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 benefits of Neoware's products for customers and the growth of the thin client segment of the PC market. 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 acceptance of our thin client 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, adverse changes in general economic conditions in the U.S. and internationally 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, 2003 and Forms 10-Q for the quarters ended September 30, 2003 and December 31, 2003. Neoware, ThinPC and TeemTalk are trademarks of Neoware Systems, Inc. All other names products and services are trademarks or registered trademarks of their respective holders.



            

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