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NCD is Finalist in The Computing Industry Awards 2002
Newly launched ThinPATH PC is selected as a Finalist in the Computing Industry Awards
Portland, OR - August 13, 2002 - Network Computing Devices, Inc., (NCD) ((NCD) (OTC: NCDI.OB)), a leading producer of thin-client solutions, announced today that its newly launched ThinPATH PC has been selected as a finalist in the PC/Client product award category of the Computing Industry Awards, long established as the benchmark for excellence in the UK's IT community. Judges will present this prestigious award to products that best meet the following criterion: functionality, features, performance, price, market positioning, innovation, appropriateness, future proofing and integration capabilities.
NCD's new ThinPATH PC(TM) software was introduced this past April. This innovative new software offering is designed to transform PCs into thin clients with the popular look and feel of Windows Based Terminals. ThinPATH PC is a flexible software product that helps customers reduce the cost of PC ownership without the complexity or cost of other management software. ThinPATH PC allows companies to quickly and simply secure all their desktop PCs, and immediately appreciate the benefits of thin-client computing, such as ease of deployment and a common desktop for Windows-based terminals (WBT) and PC users alike.
"ThinPATH PC leverages the power of server-based computing to legacy PCs and extends the life of existing desktops without sacrificing application performance," explained Paul Robinson, CTO, NCD. "This is a notable product because it is the first software to focus solely on managing the PC as a thin client, and we are very pleased to have been acknowledged by the Computer Industry Awards for this advancement in thin client technology." ThinPATH PC is the flagship product of NCD's Thinfrastructure portfolio, which provides an end-to-end solution based on the latest thin-client technologies.
Founded in 1988, Network Computing Devices, Inc., supplies information access and management products that extend server-based computing to give customers a competitive edge and a better bottom line. Over one million NCD thin clients are installed with over 3 billion hours of operation. The company can be reached on the Internet at: www.ncd.com
Network Computing Devices and ThinPATH are registered trademarks of Network Computing Devices, Inc. ThinFrastructure is a trademark of Network Computing Devices Inc. Other trademarks are the acknowledged property of their respective holders.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include statements regarding the consummation of the acquisition of the NCD thin client product line, the partnership of Neoware and NCD, continued development, support and enhancement of the ThinSTAR products, the ability of ThinSTAR customers to continue to receive upgrades, revenue and profit growth, the seamless transition for ThinSTAR customers, increased market share, increased distribution channels, broader product offerings, improved products and services, the addition of knowledgeable employees, acceleration and enhancement of Neoware's growth strategy, increased focus on Neoware's competitive advantages, the reduction in product costs, Neoware's development of key relationships and continued investment in sales and marketing. These forward-looking statements involve risks and uncertainties. Such statements also include statements regarding NCD's receipt of the contingent portion of the sale consideration, Neoware's purchase of NCD's European operations and future partnership between NCD and Neoware. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include Neoware's ability to successfully integrate the NCD thin client business and to lower its costs, Neoware's timely development and customers' acceptance of Neoware's appliance computing products, including the former NCD thin client 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, including the former NCD employees, Neoware's ability to identify and consummate future acquisitions, adverse changes in general economic conditions in the U.S. and internationally, and 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, 2001