Neoware Displays Appliance and Server-Based Computing Solutions at the CIO Forum & Executive IT Summit


KING OF PRUSSIA, Pa., May 2, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services and solutions for the Appliance Computing market, today announced it will demonstrate its complete range of appliance and server-based computing solutions at the CIO Forum & Executive IT Summit, at the Valley Forge Convention Center in Valley Forge, Pa. on May 15-16, 2002.

Neoware will be displaying its complete portfolio of solutions including its thin client appliances, management software, integration services and training in booth 301. Neoware's thin client appliances are cost-effective alternatives to personal computers and powerful replacements for green-screen terminals. Used in conjunction with Citrix(r) MetaFrame(tm) or Microsoft Terminal Services, Neoware's products allow users to run virtually any application from a server, plus connect to mainframes, midrange systems, UNIX systems and the Internet. Unlike personal computers, Neoware's thin client appliances are completely configured and managed from a central site or a remote location, significantly lowering the cost of desktop administration and improving user access to critical applications.

These products, coupled with the Neoware's engineering expertise, integration and service capability, and training offerings, enable Neoware to deliver complete server-based and appliance computing solutions to customers. Neoware's solutions provide investment protection and save customers both time and money. Additionally, Neoware is the only Citrix Platinum Level Solutions Provider in Pennsylvania, the only Citrix Authorized Learning Center(tm) in Pennsylvania and Delaware, and the 2001 Citrix Solutions Network(tm) Member of the Year for the Mid-Atlantic region.

The CIO Forum & Executive IT Summit was launched at the demand of CIOs and executive IT leaders, who need comprehensive, focused technology forums in their regions. The CIO Forum & Executive IT Summit is an educational and interactive event for IT professionals. The summit content is driven by regional leaders for the purpose of benefiting regional economies, and the corporate, educational, healthcare, government and finance communities. These forums are by invitation only, and offer "cutting-edge" technology resources for the executive participants to deploy end-to-end solutions within their organizations. More information on the CIO Forum & Executive IT Summit can be found at www.premiertce.com/cioforum.htm.

About Neoware

Neoware provides software, services and solutions to enable Appliance Computing, a new Internet-based computing architecture targeted at business customers that are 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 info@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 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 pricing pressures, rapid technological changes in the industry, increased competition, and 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, 2001.

Neoware is a registered trademark of Neoware Systems, Inc. Windows is a registered trademark of Microsoft Corporation. Citrix(r), MetaFrame(tm), Citrix Authorized Learning Center(tm) and Citrix Solutions Network(tm) are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. All other names, products, and services are trademarks or registered trademarks of their respective holders.



            

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