KING OF PRUSSIA, Pa., Aug. 29, 2001 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software and solutions for the emerging Appliance Computing market, today announced that it has appointed adtcom Network Computing AG, Europe's largest thin client distributor, as a Pan-European distributor for its thin client computing appliances.
Effective immediately, Neoware's products are available to the European channel via adtcom. In 2000, according to adtcom, it sold more than 27,000 thin clients throughout Europe to resellers, VARs and system integrators. Of the units delivered through adtcom's partners, over 80,000 seats had the capability to run Citrix software. adtcom has ten offices throughout Europe, and serves a network of more than 1,200 partners.
Neoware's products are thin client appliances, which are alternatives to personal computers used by businesses. Used in conjunction with Citrix MetaFrame and Microsoft Windows 2000 Terminal Services, Neoware's computing appliances allow users to run Windows applications from a server plus connect to mainframes, midrange computers and the Internet. Unlike personal computers, Neoware's thin client appliances can be centrally managed and remotely configured, which greatly simplifies administration. Because of this, thin client appliances can save up to 80% of the total cost of ownership of networked personal computers, resulting in significant cost savings for enterprise customers.
"Neoware is pleased to partner with adtcom as part of its aggressive expansion into the European market," stated Michael Kantrowitz, president and CEO of Neoware Systems. "adtcom is a great partner for us since its broad reach and access to the market complements Neoware's own presence in the UK, France, Germany and the Netherlands. The people at adtcom are experts in the thin client market, and we are pleased to work with them to grow our businesses together."
"We are very pleased to provide Pan-European distribution and support for Neoware's award-winning thin client portfolio. adtcom's presence in ten European countries combined with our support and consulting services and thin client focus gives Neoware a first-class partner from which to grow its European business," stated Tim Goldring, joint CEO of adtcom. "Neoware's innovative products and flexible commercial approach combined with adtcom's broad coverage and expertise will quickly establish Neoware as a major player in this market," Goldring concluded.
About Neoware
Neoware provides software 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.
About adtcom
Established in 1998, adtcom Network Computing AG is a focused, pan-European distributor for thin client hardware and software. As Europe's Center of Competence for Server-Based computing, adtcom also offers specialist expertise, consulting, training and support. From its headquarters in Baar, Switzerland, adtcom manages its sales offices in Germany, Austria, France, Italy, UK, Sweden, Denmark, Netherlands and Finland. Adtcom's successful distribution business is based on the international company's wealth of experience in the thin client market, and presence in all major European markets. For more information, visit the adtcom Website at www.adtcom.com.
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 in Europe, Neoware's future growth and expansion in European markets, the benefits to be derived by Neoware from its partnership with adtcom, and the cost and other benefits associated with ownership of Neoware's computing appliances. 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 ability to maintain its partnership with adtcom, Neoware's dependence on adtcom's success in distributing Neoware's products, 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 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, 2000.
Neoware is a registered trademark of Neoware Systems, Inc. All other names products and services are trademarks or registered trademarks of their respective holders.