Neoware CEO Michael Kantrowitz Interviewed on CEOcast


KING OF PRUSSIA, Pa., Oct. 31, 2001 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software and solutions for the emerging Appliance Computing market, announced today that an October 30 interview with Michael Kantrowitz, the Company's president and chief executive officer, can be heard on the Web at CEOcast.com. In the interview Mr. Kantrowitz discusses the Company's financial performance and strategy for growth as a leader in the Appliance Computing market.

CEOcast is a premier source of original and syndicated streaming broadcast interviews of Chief Executive Officers at public and private news-making companies. CEOcast's programming is distributed to millions of on-line investors at over 700 financial Web sites as well as to more than 20,000 portfolio managers, buy-side analysts and traders at over 3,300 North American institutions. CEOcast's content is also disseminated to more than 7,000 investment research professionals representing over 425 institutions.

The interview can be heard by registering on the CEOcast Web site at www.ceocast.com.

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.

This press release and the CEOcast interview contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the cost benefits and other advantages of the Company's products, Neoware's growth strategy, expansion in the European market, Neoware's introduction of new products, the impact of the new products, the expansion on Neoware's leadership position, benefits to customers and future growth. 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 Neoware's timely development and customers' acceptance of Neoware's appliance computing products, rapid technological changes in the industry, growth of the appliance computing market, increased competition and adverse changes in general economic conditions, including the European market. 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 is a registered trademark of Neoware Systems, Inc. All other names products and services are trademarks or registered trademarks of their respective holders.



            

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