Pressroom
Neoware Introduces Latest Technology to Capio Thin Client
Neoware expands Capio line delivering advanced thin client
King of Prussia, PA, April 22, 2003 – Neoware Systems, Inc. (Nasdaq: NWRE), the leading supplier of award-winning software, services and managed thin client appliances, today introduced Microsoft's Windows XP Embedded operating system to its Capio thin client family. This latest Capio thin client provides more features than any other competitive thin client offering.
Capio is Neoware's family of fast, easy, and affordable thin client appliances, designed for customers who value superior performance and ease-of-use, as well as low up-front and ongoing costs. Capio is a complete family of thin client appliances that connect to Windows, UNIX, mainframes, midrange systems, and the Internet, with central management and greater security than desktop personal computers. Capio is available to customers exclusively through the reseller channel, and is available via distributors to hundreds of qualified, knowledgeable resellers worldwide.
This new capability of Neoware's Capio family comes on the heels of a new report from IDC, which found that the thin client market is experiencing robust growth and that Neoware is the fastest growing player in thin client computing. According to IDC, the thin client market grew at more than thirteen times the rate of the PC market in 2002, and now represents approximately one percent of the overall desktop market. Neoware's unit shipments grew at nine times the rate of the market, dramatically outpacing competitors and placing Neoware in the number two position in US, Europe and worldwide.
"Neoware's Capio thin client appliance with Microsoft Windows XP Embedded is an important addition to our fast, easy and affordable line of Capio thin client appliances," says Howie Hunger, Neoware's Executive Vice President of Marketing and Customer Support. "With the thin client industry growing, we are not only offering new and innovative products, but we are raising the bar by providing a complete family of thin client appliances with superior quality and the features that people actually need."
Neoware Capio family is based on industry-standard, open technology, which allows customers to select from Capio models with Linux, Windows CE, Windows NT and Windows XP Embedded operating systems and even migrate from one operating environment to another at any time. The fact that Neoware uses industry-standard operating systems provides customers with access to the latest software applications much more quickly than competitors who utilize proprietary operating systems. Like all of Neoware's thin client appliances, Capio comes complete with Neoware's enterprise-class management solution, ezRemote Manager, which provides the ability to remotely discover, secure, manage and upgrade thousands of thin clients, including those from Neoware, IBM, NCD and Boundless, on local and wide-area networks. Capio's thin client hardware platform offers superior reliability, and includes all of the features that users need, including serial and parallel ports for connection to printers and other devices.
"Neoware's Capio line of thin client appliances offer a tremendous value priced alternative to PC and legacy systems for a range of industries," says Bill Botti, President and COO of Alternative Technology, a leading value-added distributor of thin client products." In a growing market, Neoware continues to deliver leading edge, quality products that make it easy for us and our partners to market and sell."
Capio, featuring Microsoft Windows XPe, is available now with a street price of $599 through Neoware's existing channel of authorized distributors and resellers. Other Capio models feature prices beginning at $299.
About Neoware
Neoware provides software, services, and solutions to enable Appliance Computing, a proven 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, maintenance, and administrative costs than proprietary or PC-based alternatives.
More information about Neoware can be found on the Web at http://www.neoware.com or via email at invest@neoware.com. 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: the growth of the thin client market; our position as the fastest growing player in the thin client computing market; our position as the leading supplier of software, products, services and solutions for the Appliance Computing market; and the benefits of our software-focused business model allowing customers to preserve capital investment and lower ongoing costs of 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 our ability to continue to lower our costs, our timely development and customers' acceptance of our Appliance Computing 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, our ability to identify and successfully consummate and integrate future acquisitions, 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, its report on Form 10-K for its fiscal year ended June 30, 2002 and Form 10-Q for the quarter ended December 31, 2002
Neoware is a registered trademark of Neoware Systems, Inc. All other names products and services are trademarks or registered trademarks of their respective holders.
Contacts: Sharon O'Shea
(610) 277-8300, ext. 1743
sharon.oshea@neoware.com
Gregory FCA Communications, Inc.
Tim Cifelli
(610) 642-8253
tim@gregoryfca.com