Neoware Strengthens Global Reach with Parrus IT Solutions

Alliance Extends Neoware's Solutions and Support to Fast-Growing Indian Market


KING OF PRUSSIA, Pa., and BANGALORE, India, May 18, 2005 (PRIMEZONE) -- Neoware Systems, Inc. (Nasdaq:NWRE), the leading supplier of enterprise software, thin client appliances and related services, and Parrus IT Solutions, a premier IT provider in India, announced an alliance that strengthens Neoware's position as a global leader providing customers with more open, secure, reliable, affordable, and manageable computing solutions. The relationship expands Neoware's distribution, customer service, and software development capabilities to serve India.

Parrus IT Solutions will distribute and support Neoware's full line of server-based computing products, including its thin clients, comprehensive enabling technologies, and customized solutions. The Indian market for thin client solutions is expected to grow by 17.3% this year, and 30.8% by 2007, according to market research firm IDC. Additionally, Parrus will complement Neoware's global engineering resources in the United States, and throughout Europe.

Based in Bangalore, Parrus IT Solutions specializes in best-of-breed IT solutions, with a focus on thin clients and server-centric computing, software development and IT services, and software configuration management. The company's infrastructure spans all of India, with regional offices in Noida, Mumbai, Hyderabad, Kolkata, and Chennai.

"Neoware is now the only dedicated thin client company that provides significant services, customization, and support throughout the United States, Europe, and Asia," stated Michael Kantrowitz, Neoware's Chairman and CEO. "Our alliance with Parrus will help enterprises in that market benefit from Neoware's solutions, customized and localized content, and the industry's largest and most skilled engineering team."

The partnership is another step in a global growth strategy that is providing Neoware customers worldwide with solutions that deliver more choices, customization, and leading-edge technology, while extending the life of their desktops. The relationship with Parrus follows multiple international acquisitions including both Mangrove Systems and Qualystem Technology in France, and Thintune in Germany and Austria.

"We're pleased to align with the world leader in innovative server-based computing," says G.P. Singh, Director of Parrus IT Solutions. "This is a key focus for us, because thin client interest is rapidly expanding in India. Businesses are quickly discovering how Neoware's solutions dramatically reduce the high costs of desktop and client-server architectures."

About Neoware

Neoware (Nasdaq:NWRE) is a leading provider of enterprise software, thin client appliances, and related services that make computing more open, secure, reliable, affordable and manageable. Neoware was recently ranked America's eighth fastest-growing company by Fortune magazine. By employing open technologies and eliminating the obsolescence built into standard PC architectures, Neoware helps enterprises leverage server-based computing architectures to increase security, flexibility and choice, as well as lower their total cost of ownership.

Neoware's software products enable enterprises to gain control of their desktops, stream software on-demand, and to integrate mainframe, midrange, UNIX and Linux applications with Windows(r) environments and the Web. Its thin client appliances and software 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. The company's global development, services, and support provide customers with customized solutions that facilitate their specialized computing needs.

Neoware's products are available worldwide from IBM and Lenovo Group Limited, 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 info@neoware.com. Neoware's global headquarters is in King of Prussia, PA.

About Parrus IT Solutions

Parrus IT Solutions is a premier provider of best-of-breed IT solutions to customers in India. The company's IT solutions are geared to give organizations a strategic business advantage and access to world-leading organizations, brands, products, services, and support.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated benefits from our alliance with Parrus IT Solutions; the growth of the India market for thin client solutions; Parrus complementing our engineering resources; and our global growth strategy. 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 continued alliance with Parrus IT Solutions; our timely development of and customers' acceptance of our thin client products, including our new products; pricing pressures; rapid technological changes in the industry; growth of overall thin client sales through the capture of a greater portion of the PC market, including sales to large enterprise customers; our dependence on our suppliers; increased competition; our continued ability to sell our products through IBM and Lenovo to their customers; our ability to attract and retain qualified personnel, including the former employees of the businesses we acquired; increased competition; our ability to attract and retain qualified personnel, including the former employees of the businesses we acquired; adverse changes in customer order patterns; our ability to identify and successfully consummate and integrate future acquisitions; 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 reports on Form 10-K for the year ended June 30, 2004 and Forms 10-Q for the quarters ended September 30, 2004, December 31, 2004 and March 31, 2005.

Neoware is a registered trademark of Neoware Systems, Inc. TeemTalk is a registered trademark of Neoware UK. All other names products and services are trademarks or registered trademarks of their respective holders.



            

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