KING OF PRUSSIA, Pa., Sept. 27, 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 Sedicom Europe BV as a Neoware distributor in selected European countries for its line of thin client-computing appliances, effective immediately.
Based in Zoetermeer, Netherlands, Sedicom is a leading supplier of server-based computing products in Europe, the Middle East and Africa, and will distribute Neoware products in the Netherlands, Belgium, Luxembourg, Denmark and Norway, in addition to selected territories in Eastern Europe, the Middle East and Africa. Sedicom is active in the thin client-computing appliance industry and this partnership significantly strengthens Neoware's worldwide presence and product distribution.
Neoware's products are thin client appliances that are alternatives to personal computers used by businesses. Used in conjunction with Citrix MetaFrame and Microsoft's 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 excited about this partnership with Sedicom as part of our continued expansion into the European market," stated Michael Kantrowitz, president and CEO of Neoware Systems. "Neoware has offices in the UK, France, Germany and the Netherlands, and our partnership with Sedicom is a chance to expand our distribution through carefully selected, highly focused partners who understand our market. Neoware will continue to grow with the help of Sedicom's experienced employees, familiarity with the industry, and presence in the thin client marketplace."
"Sedicom is very pleased to work with Neoware as a key distribution partner. Thin client computing is the wave of the future and Sedicom is focused on offering best-of-breed products to our resellers. We are especially pleased to partner with a company that is growing its market share and that has the financial strength to build a leadership position in this dynamic industry," concluded Wilco Van Der Wel, manager of Sedicom BV.
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 Sedicom
Sedicom Europe BV, located in The Netherlands, is a European IT distributor and supplier of quality products to Europe, The Middle East and Africa. Sedicom's range of products focuses around server-based computing and specializes in 1st and 2nd tier storage products, thin clients, and flat-screens. Sedicom Europe has a dynamic image and together with a range of select resellers around the globe, Sedicom supplies Server Based Solutions. Sedicom's products are state-of-the-art and advanced technology. Sedicom provides advice and support for partners with commercial services, as well as a technical helpdesk for qualified support to answer partners' questions. More information about Sedicom can be obtained via email at info@sedicom-europe.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 expansion in European markets, and Neoware's partnership with Sedicom. 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 partnership with Sedicom, 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, 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.