KING OF PRUSSIA, Pa., May 18, 2007 (PRIME NEWSWIRE) -- Neoware, Inc. (Nasdaq:NWRE), a leading provider of thin client computing solutions, today announced that it has joined the Video Electronics Standards Association (VESA). Neoware will lend its expertise in thin client virtualization to help VESA's Net2Display(tm) task group drive the evolution of thin client computing. Net2Display is an initiative designed to develop and promote a new, improved standard for enabling remote displays to connect with centrally located host computers over wired and wireless networks in home, enterprise and mobile environments.
For users, this means that although they may be working in and exploiting a full, modern and rich PC-style computing environment, everything they interact with -- the applications, the operating system and many other components -- are actually being delivered from a remote server. At its heart, Net2Display is a standard that allows a server to send display data over a high speed data channel, regardless of what channel (e.g., Ethernet, IEEE 1394, USB, etc.) is being used.
For Neoware, joining this project is another step in driving the adoption of personal computer virtualization and the evolution of thin client computing. The more thin clients can replicate the speed, robust performance and responsiveness of traditional PCs, the more widely accessible they become as an option. Thin clients already outperform traditional PCs in terms of data security, ease of management and total cost of ownership.
"Joining VESA and supporting its Net2Display initiative illustrates Neoware's dedication to leading the next generation of thin clients and access computing," said Klaus Besier, president and CEO of Neoware. "Growing use of multimedia elements and the increasing interest in thin clients as an alternative to traditional PC-based computing means that the time is right for an open standard that enables everyone to optimize their computing experience. Neoware views Net2Display as an important project, and fully supports its objectives."
As modern operating systems deliver richer user environments, and more and more applications exploit the potential of full motion video, current methods for remote displays are not keeping pace. In addition, today's virtual network computing models do not perform as they should in WAN settings. Net2Display is a response to these perceived limitations of conventional remote display approaches, as well as to the growing diversity of competing products and services.
Beyond enriching the remote display computing experience and mitigating the shortcoming of existing approaches, Net2Display also aims to provide enhanced performance at a lower cost; something it hopes to achieve through standardization. The VESA task group assigned to the Net2Display project has set itself the goal of developing a new remoting protocol that minimizes the complexity of the end-user device, fully supports long distance data communication and modern and emerging motion video requirements, and delivers faster response times.
About Neoware
Neoware, Inc. (Nasdaq:NWRE), is global provider of thin client computing solutions that allow organizations to cut costs by centralizing desktop management, alleviating threats of security breaches and reducing energy consumption. Forward thinking companies enable their desktop virtualization strategies with Neoware's desktop, laptop and software offerings.
Headquartered in King of Prussia, PA, U.S.A., Neoware has offices throughout Europe and Asia. Its products are available worldwide from select resellers and partners, and it has technology partnerships with leading companies including Microsoft, IBM and Lenovo.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding: the VESA Net2Display project driving the adoption of PC virtualization and the evolution of thin client computing; our dedication to the next generation of thin client solutions and access computing; the growing use of multimedia elements and the growing interest in thin client computing as an alternative to PC-based computing; our position in the evolution of thin client computing; our growth opportunities; and our ability to work with partners to provide total solutions. Factors that could cause actual results to differ materially from those predicted in such forward-looking statement include: rapid technological changes in the industry; our success in implementing our product development and channel program initiatives and the rebuilding of our infrastructure within our planned timeframe; our ability to retain our newly-appointed key staff members and to maintain our relationships with our channel partners; insufficient resources to fund our virtualization initiatives; the lack of growth in the virtualization market; growth of overall thin client sales; our timely development, release and customer acceptance of our products; increased competition; adverse changes in customer order patterns; 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 reports on Form 10-Q for the quarters ended September 30, 2006, December 31, 2006 and March 31, 2007.
Neoware is a trademark of Neoware, Inc. All other names, products and services are trademarks or registered trademarks of their respective holders.