Neoware Products Now Available on IBM GSA Schedule


KING OF PRUSSIA, Pa., June 26, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services, and solutions for the Appliance Computing market, today announced that its products are now available on the IBM General Services Administration (GSA) Schedule.

The GSA Schedule is designed to save government agencies time and money when procuring needed information technology. This schedule is an easy-to-use contract offering government agencies a wide variety of commercial services and products at pre-negotiated prices and terms and conditions. As part of Neoware's alliance with IBM, Neoware has been added as a provider on the IBM GSA Schedule. Now thin client appliances and software solutions are available to government agencies with special cost savings and simplified purchasing.

Neoware thin client appliances and software offer high performance, superior connectivity, small footprint, and lowest total cost of ownership. With Neoware's remote management software, systems administrators are able to configure and manage thin client appliances from a central site or remote location, significantly lowering the cost of desktop administration and improving user access to critical applications. Compatible with Microsoft Windows Terminal Services and Citrix(r) MetaFrame(tm), Neoware appliances and software let users run the latest server-based and web-based applications, without the administrative and overhead costs associated with personal computers. Users have a choice of models that support Citrix Independent Computing Architecture (ICA(r)), Microsoft Remote Desktop Protocol (RDP), as well as web browsers and terminal emulations for connection to Windows, UNIX, AS/400, and MetaFrame servers, the Internet, and mainframes.

"Neoware's presence on the IBM GSA Schedule allows us to provide cost-effective solutions to government customers," stated Michael Kantrowitz, Neoware's President and CEO. "Being a part of the IBM GSA Schedule extends our partnership with IBM, and lets government customers purchase Neoware products as part of a complete IBM solution. This is a prime example of how the Neoware-IBM alliance is helping to better serve Neoware and IBM customers."

About Neoware

Neoware provides software, services, and solutions to enable Appliance Computing, an 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 press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding sales of Neoware's products to federal agencies and 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 continuing sales, Neoware's timely development and customers' acceptance of Neoware's appliance computing products, pricing pressures, rapid technological changes in the industry, growth of the appliance computing market, increased competition, Neoware's ability to attract and retain qualified personnel, adverse changes in general economic conditions and risks associated with government contracts and 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. All other names products and services are trademarks or registered trademarks of their respective holders.



            

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