Neoware Executives to Present at CIBC World Markets Enterprise Software Conference


KING OF PRUSSIA, Pa., August 4, 2003 (PRIMEZONE) -- Neoware Systems, Inc. (Nasdaq:NWRE), the leading supplier of software, services and thin client appliances, today announced that the Company's executives will be presenting at the CIBC World Markets Enterprise Software Conference.

Michael Kantrowitz, Neoware's Chairman and CEO, and Keith Schneck, Neoware's Executive Vice President and CFO, will present an overview of Neoware's strategy, business and products on August 7 at 3:20 PM. The conference will be held at the New York Palace Hotel. The presentation will be broadcast over the Internet at http://www.cibcwm.com/conferences/software03/index.html.

The CIBC World Markets Third Annual Enterprise Software Conference will feature presentations from more than 40 leading public and private companies in the software industry. Senior management will be presenting their views of industry trends and sharing their strategies for success. During the conference, presenters will also be available for one-on-one meetings with institutional investors. In addition, CIBC will be hosting a CIO panel discussion to explore IT spending prioritizations and how these may shift over the coming year.

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.

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


 Investor Relations Contact:         For:
 Cameron Associates                  Neoware Systems, Inc.
 Kevin McGrath                       Keith Schneck, CFO
 (212) 245-8800 x203                 (610) 277-8300
 email: kevin@cameronassoc.com       email: invest@neoware.com