[thinnews] New Neoware $199 Thin Clients Dramatically Alter the PC Buying Decision

  • From: "Jim Kenzig http://thin.net" <jimkenz@xxxxxxxxxxxxxx>
  • To: thinnews@xxxxxxxxxxxxx
  • Date: Wed, 07 Apr 2004 21:16:27 -0400

Wouldn't it be Great if Business PCs Cost $199 and were Immune from 
Viruses? New Neoware Thin Clients Dramatically Alter the PC Buying Decision
With a sub-$200 entry price, the highest performance, and the industry's 
first open management software, new Neoware thin client appliances 
redefine desktop computing
KING OF PRUSSIA, Pa., April 5, 2004 -- Neoware Systems, Inc. 
(Nasdaq:NWRE), the leading supplier of award-winning software, services 
and appliances for thin client computing, today dramatically altered the 
PC buying decision with the introduction of an all-new lineup of Capio 
and Eon thin client appliances. With a starting price of $199, immunity 
from standard PC viruses, models that offer the highest performance 
available, and support for open, industry standard management, the new 
Neoware thin client appliances include models that are:

- One fourth the price of today's typical business personal computer, 
changing the economic buying decision for PC users;

- As powerful as today's most advanced personal computers, eliminating 
the performance distinctions between thin client appliances and PCs; and

- The first thin client appliances that can be managed by industry 
standard management software, including IBM Tivoli, Microsoft SMS, and 
Altiris Deployment Solution, giving thin client customers the benefits 
of open standards, including choice, flexibility and investment protection.

With these new product introductions, Neoware believes it will gain 
significant market share in the PC industry by eliminating the perceived 
barriers of server-based computing by: significantly increasing the cost 
delta between thin client appliances and personal computers; increasing 
the performance of thin client appliances to the level of today's 
personal computers; and allowing customers to choose from 
industry-standard management tools that can manage the largest, 
distributed networks of thin client appliances, personal computers, 
servers, and other devices.

"Neoware's new Eon and Capio thin client appliances fundamentally change 
the buying decision for today's personal computer users," commented 
Michael Kantrowitz, Neoware's Chairman and CEO. "Our new lineup is 
designed to appeal to users that have not considered thin clients in the 
past because they considered them too costly, too slow or too 
proprietary. With the new Neoware products that we are introducing 
today, Neoware has eliminated the final barriers to thin client adoption 
by enterprises around the globe."

"CIOs need to consider the security, management, reliability, and cost 
savings of thin clients," commented Bob O'Donnell, Analyst at the market 
research firm, IDC. "IDC believes that the thin client segment of the PC 
industry is poised for significant growth in coming years, particularly 
as these products' price points attract the attention of IT managers and 
purchase decision makers."

In an industry first, Neoware announced today that its thin client 
appliances feature Open Management and are now compatible with three of 
the industry's top network management platforms: IBM Tivoli, Microsoft 
Systems Management Server (SMS) and Altiris Deployment Solution, as well 
as Neoware's own ezRemote Manager. By extending its management software 
to include compatibility with IBM Tivoli, Microsoft SMS and Altiris, 
Neoware has solved a primary technical roadblock facing all other thin 
client appliances - the need to use proprietary management technologies 
that lock customers into a single vendor's software, eliminating choice, 
flexibility, and compatibility. By introducing Open Management, Neoware 
believes that it has eliminated the most significant issue inhibiting 
thin client appliance adoption by allowing customers to select an 
enterprise-class management tool today - or at any time in the future - 
that can manage hundreds of thousands of thin client appliances, 
personal computers, laptops, servers, and other devices deployed 
throughout the enterprise.

The new Neoware thin client appliances introduced today include Capio 
One, which delivers the ability to run any Windows(r) application from a 
server for only $199, less than one fourth the price of the typical 
business PC and with virtually none of the security, management, 
reliability, and ongoing support costs that plague PCs and add 
significantly to PC total cost of ownership.

Capio One, the entry model in Neoware's fast, easy, and affordable 
family of thin client appliances, is available in two flavors, with a 
choice of models featuring Citrix(r) ICA, Microsoft(r) RDP, and Neoware 
TeemTalk(r) host access software for mainframe, midrange, Linux and UNIX 
systems, with prices beginning at $199.

Simultaneously, Neoware is launching the Eon e100, e300 and e500, 
significant new additions to Neoware's powerful, flexible and 
customizable Eon family of thin client appliances.

Eon e100 offers the broadest choice of capabilities in any thin client 
appliance, with a single hardware platform that can support Windows CE, 
Windows XP Embedded, and Linux, allowing customers to upgrade from one 
configuration to another without changing hardware. When paired with a 
server, Eon e100 offers the performance of today's most powerful 
personal computers and includes the highest video performance, 
resolution and color depth available in a thin client appliance today.

Eon e300 offers the combination of a powerful thin client appliance 
packaged in a sleek, stylish flat panel monitor, offering customers a 
perfect solution for environments where space is at a premium.

Eon e500 offers the security, management, reliability, and affordability 
of thin client appliances in a Tablet PC form factor, enabling customers 
to gain the benefits of thin client computing on-the-go via wireless 
networks.

Neoware software and thin client appliances enable enterprises to run 
off-the-shelf Windows(r), UNIX, Linux, mainframe or Internet 
applications on solid-state appliances that have no hard drive, floppy, 
CD, fan, or other moving parts. Applications run on servers, and display 
on thin client appliances across a network with all the performance of a 
traditional personal computer, but with significantly enhanced security, 
reliability, and manageability, and at lower cost. Neoware's broad 
family of thin client appliances and software includes the Capio and Eon 
families of thin client appliances that run Microsoft Windows CE, 
Windows XP Embedded, and Linux, Neoware ezRemote Manager software to 
manage thin clients and PCs, Neoware ThinPC software to convert personal 
computers into thin client appliances, and Neoware TeemTalk(r) host 
access software to bridge legacy applications with Windows and the web.

Neoware's new Eon and Capio products introduced today are available 
immediately from Neoware's broad network of business partners, including 
IBM (NYSE: IBM) and select resellers around the globe. Neoware's Open 
Management software is also available now, for Neoware's new thin client 
appliances, as well as for existing Neoware customers. For more 
information, visit Neoware at www.neoware.com or IBM at 
http://www.pc.ibm.com/us/neoware.

About Neoware

Neoware's software, services, and thin client appliances make computing 
more secure, manageable, reliable and affordable by enabling global 
enterprises to fully leverage server-based computing. By incorporating 
open, standards-based technologies and eliminating the obsolescence that 
is built into standard PC architectures, Neoware provides enterprises 
with increased flexibility and choice, as well as lower up-front and 
total costs.

Neoware's software products enable enterprises to gain control of their 
desktops, and to integrate mainframe, midrange, UNIX and Linux 
applications with Windows(r) and the web. Neoware's thin client 
appliances enable enterprises to run applications on servers, and 
display them across wired or wireless networks on secure, managed, 
reliable appliances that cost as little as one fourth the price of 
today's typical business PC.

Neoware's products are available worldwide from IBM, and from select, 
knowledgeable resellers. More information about Neoware can be found on 
the Web at http://www.neoware.com or via email at invest@xxxxxxxxxxxx 
Neoware is based in King of Prussia, PA.

This press release contains forward-looking statements within the 
meaning of the Private Securities Litigation Reform Act of 1995, 
including statements regarding: our expectation of gaining market share 
as a result of our new product introductions; the growth of the thin 
client segment of the PC industry; our belief as to Open Management 
increasing thin client sales; and the benefits of our business model 
allowing customers to lower ongoing costs of technology ownership. 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 acceptance of our thin client 
products, pricing pressures, rapid technological changes in the 
industry, growth of the Appliance Computing market, increased 
competition, our ability to attract and retain qualified personnel, 
adverse changes in general economic conditions in the U.S. and 
internationally 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, its report on Form 
10-K for its fiscal year ended June 30, 2003 and Forms 10-Q for the 
quarters ended September 30, 2003 and December 31, 2003.

Neoware, ThinPC and TeemTalk are trademarks of Neoware Systems, Inc. All 
other names products and services are trademarks or registered 
trademarks of their respective holders.

CONTACT:
Gregory FCA Communications, Inc       Neoware Systems, Inc.
Ardmore, PA  19003                    King of Prussia, PA  19406
Tim Cifelli                           Sharon O'Shea
(610) 642-8253                        (610) 277-81000, ext. 1743
tim@xxxxxxxxxxxxxx                    sharon.oshea@xxxxxxxxxxx



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