KING OF PRUSSIA, Pa., Feb. 12, 2007 (PRIME NEWSWIRE) -- Neoware, Inc. (Nasdaq:NWRE), a leading provider of thin client computing solutions announces the hiring of Mike Owens as Vice President of Global Supply Chain Operations. The appointment of Owens reflects Neoware's desire to put more robust supply chain management systems and processes in place to support its future growth objectives. The Company has grown from $11 million to more than $100 million since its fiscal year 2000.
Owens brings with him over 17 years of experience in manufacturing, operations, and supply chain management with companies such as Motorola, Ford Motor Company, and Multilink Technology. Before joining Neoware, Owens most recently directed worldwide supply chain operations for Motorola's Digital Video Set-Top business and previously held a similar position directing global manufacturing, outsourcing, and logistical operations for Motorola's Data Cable Modem and Voice Over IP (VoIP) consumer terminal business.
"Mike is a valuable addition to the management team supporting Neoware's Operations and Customer Support organizations," said Eric Rubino, Chief Operating Officer of Neoware. "He is leading the development and implementation of our next generation global supply chain strategy, and will play a pivotal role in building the foundation to support future growth for Neoware."
Mike Owens holds a Master's Degree in Electrical Engineering and Process Control Systems from Villanova University, and a Bachelor's Degree in Electrical Engineering from Widener University.
About Neoware
Neoware, Inc. (Nasdaq:NWRE), provides enterprises throughout the world with thin client computing devices, software that turns PCs into thin clients, and services that adapt thin client technology to virtually any enterprise computing environment. Neoware's software powers, manages and secures thin client devices and traditional personal computers, enabling them to run Windows(r) and Web applications across a network, stream operating systems on demand, and connect to mainframes, mid-range, UNIX and Linux systems. Headquartered in King of Prussia, Pa., USA, Neoware has offices in Austria, China, France, Germany, and the United Kingdom. Neoware's products are available worldwide from select, knowledgeable resellers, as well as via its partnerships with IBM, Lenovo and ClearCube. Neoware can be reached by email at info@neoware.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding: our supply chain management systems; and Mr. Owens' ability to help us lead the development and implementation of our next generation global supply chain management systems and help us build the foundation for growth. Factors that could cause actual results to differ materially from those predicted in such forward-looking statements include: our ability to retain Mr. Owens; our inability to build our global supply chain management systems in a timely manner; 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, our annual report on Form 10-K for the year ended June 30, 2006 and our quarterly report on Form 10-Q for the quarter ended September 30, 2006.
Neoware is a trademark of Neoware, Inc. All other names, products and services are trademarks or registered trademarks of their respective holders.