Wall Street Reporter Airs Online Interview with Neoware CEO Michael Kantrowitz


KING OF PRUSSIA, Pa., Feb. 8, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services and solutions for the Appliance Computing market, announced today that the Company's chief executive officer, Michael Kantrowitz, can be heard in an online interview with the Wall Street Reporter on the Web at http://www.wallstreetreporter.com.

In the interview, Mr. Kantrowitz discusses Neoware's recent performance, the Company's leadership and growth strategy in the Appliance Computing market, the recent acquisition of ACTIV-e Solutions, and Neoware's worldwide alliance with IBM.

Wall Street Reporter, a premier online information source for professional investors, conducts daily interviews with CEOs of leading public companies which are making important news and earnings announcements. Their in-depth interviews are geared towards sophisticated investors who demand an unbiased, unscripted, first-hand perspective that enables them to make informed investment decisions.

The interview on Wall Street Reporter's Web site can be heard for the next five days.

About Neoware

Neoware provides software, services, and solutions to enable Appliance Computing, a new 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 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 release and the Wall Street Reporter interview contain forward-looking statements that are within the meaning of the Private Securities Litigation Reform Act of 1995, and relate to, among other things, the growth of Neoware's business, the increase in Neoware's sales and name recognition and the wide scale deployment of computing appliances, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Forward-looking statements include those concerning the Company's software to power and manage information appliances. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company's actual results include risks associated with Neoware's new strategy as a supplier of software and infrastructure to enable deployment of computing appliances, the Company's ability to develop and maintain strategic partnerships and to increase brand awareness and sales, customers' acceptance of Neoware's products, rapid technological changes in the industry, growth of the computing appliance market and increased competition. Reference is made to the Company's Annual Report on Form 10-K for the year ended June 30, 2001 filed with the SEC for a more detailed description of such factors. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

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



            

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