Neoware Systems Annual Earnings Conference Call to be Held on August 5, 2004 at 5:00 PM ET


KING OF PRUSSIA, Pa., July 6, 2004 (PRIMEZONE) -- Neoware Systems, Inc. (Nasdaq:NWRE), the leading supplier of award-winning software, services and appliances for thin client computing, announced today that it intends to release earnings for its fiscal year ended June 30, 2004 after the market closes on August 5, 2004.

In connection with this release, management of Neoware will host a conference call at 5:00 PM Eastern Time on August 5, 2004. The conference call will be available live via the Internet on Vcall at www.vcall.com and on the Neoware website at www.neoware.com. To participate, go to the website 10 minutes prior to the call to register, download and install any necessary audio software. If you are unable to attend the live conference call, an Internet replay of the call will be archived and available after the call.

The call will also be accessible by dialing 1-866-238-1636 for domestic calls and +1-703-639-1160 for international calls. The conference ID will be 509420. A replay of the call will be available through August 14, 2004 by dialing 1-888-266-2081 domestically and +1-703-925-2533 internationally. A copy of the press release announcing the Company's earnings and other financial and statistical information about the period to be presented in the conference call will be available at the section of the Company's website entitled "News" at www.neoware.com.

About Neoware

Neoware's software, services, and thin client appliances make computing more secure, manageable, reliable and affordable by enabling global enterprises to fully leverage server-based computing. By incorporating open, standards-based technologies and eliminating the obsolescence that is built into standard PC architectures, Neoware provides enterprises with increased flexibility and choice, as well as lower up-front and total costs.

Neoware's software products enable enterprises to gain control of their desktops, and to integrate mainframe, midrange, UNIX and Linux applications with Windows(r) and the web. Neoware's thin client appliances 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. Neoware services enable corporations to benefit from server-based computing with training and end-to-end support.

Neoware's products are available worldwide from IBM, 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 invest@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: our expectation of gaining market share as a result of our new product introductions; the growth of the thin client segment of the PC industry; our belief as to Open Management increasing thin client sales; and the benefits of our business model allowing customers to lower ongoing costs of technology ownership. 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 acceptance of our thin client products, pricing pressures, rapid technological changes in the industry, growth of the Appliance Computing market, increased competition, our ability to attract and retain qualified personnel, 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 report on Form 10-K for its fiscal year ended June 30, 2003 and Forms 10-Q for the quarters ended September 30, 2003 and December 31, 2003.

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



            

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