KING OF PRUSSIA, Pa., Feb. 7, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services, and solutions for the Appliance Computing market, announced today that Michael Oliva has been named director of product marketing.
Mr. Oliva has over 18 years of experience within the technology industry and has extensive knowledge in product management, marketing, sales, and engineering. Prior to joining Neoware, Mr. Oliva held the position of managing director of Boundless Technologies, responsible for the company's thin client and text terminal lines of business. Following Neoware's acquisition of the Capio product line in June of 2001, Mr. Oliva has been providing consulting services during the transition. He has also held senior management positions with major technology companies including AT&T, NCR, and SunRiver Corporation.
"Mike brings a wealth of thin client appliance expertise to Neoware," stated Michael Kantrowitz, president and CEO of Neoware Systems. "His technology background in the field of product marketing and management will help Neoware accelerate its lead in providing customers with complete appliance computing solutions including software, products, and services. Mike has already done a great job bringing our fast, easy, and affordable Capio thin client appliance line to market, and we look forward to his ongoing contributions."
"I'm very excited to join the Neoware team," stated Michael Oliva, newly appointed director of product marketing for Neoware. "Neoware's products and services are clearly superior. Our unique technologies and software-powered business model are the key factors in driving tremendous customer satisfaction. I am pleased to be directing Neoware's new product strategies for the Company's highly successful Eon and Capio products."
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 press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Neoware's increasing lead in providing appliance computing software solutions, continuing customer satisfaction, Mr. Oliva's contribution to the Company 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 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, including Mr. Oliva, adverse changes in general economic conditions in the U. S. and internationally, risks associated with foreign operations 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, 2001.
Neoware, Capio, and Eon are registered trademarks of Neoware Systems, Inc. All other names products and services are trademarks or registered trademarks of their respective holders.