IDC Reports Neoware Increased Thin Client Market Share in Calendar Q1 2005
KING OF PRUSSIA, PA, July 14, 2005. Neoware Systems, Inc., today reported that the Company grew unit shipments at a faster rate than Wyse Technology and shipped more units than Hewlett-Packard in the first quarter of calendar 2005 compared to the first quarter of 2004, according to a recent report from International Data Corporation (IDC) on the thin client segment of the enterprise PC market.
According to IDC, thin client shipments in calendar Q1 grew by 19.3% compared to the prior year period and Neoware continued to take worldwide market share. Neoware's growth rate in shipments in Western Europe was more than 50% compared to the prior year, twice that of other suppliers, according to IDC. Customers continued to increasingly favor the top suppliers, with Wyse, Neoware and HP now accounting for 76.5% of all shipments.
"Neoware continues to gain market share, and continues to dominate the fast-growing Linux thin client segment, with nearly 50% market share and more than ten times the shipments of the other top suppliers, according to IDC's report," says Michael Kantrowitz, Chairman and CEO of Neoware. "Neoware's innovative software and thin client products, coupled with local and responsive engineering resources, continue to place Neoware at the forefront in the minds of thin client computing buyers."
About Neoware
Neoware (Nasdaq: NWRE) is the leading provider of enterprise software, thin client appliances, and related services that make computing more open, secure, reliable, affordable and manageable. By employing open technologies and eliminating the obsolescence built into standard personal computer architectures, Neoware helps enterprises leverage server-based computing architectures to increase security and reliability, enhance flexibility, as well as lower their total cost of ownership.
Neoware's software products enable enterprises to gain control of their desktops, stream software on-demand, and to integrate mainframe, midrange, UNIX and Linux applications with Windows(r) environments and the Web. Its thin client appliances and software 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 personal computer. The Company's global development, services, and support provide customers with customized Neoware's products are available worldwide from IBM, as well as from select, knowledgeable resellers. More information about Neoware can be found on the Web at http://www.neoware.com or via email at info@neoware.com. Neoware's global headquarters is in King of Prussia, Pa.
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