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[xanda1]

Wednesday April 24, 7:01 am Eastern Time
Press Release

SOURCE: Neoware Systems

Neoware Q3 Sales Increase 70% to $8.37 Million
KING OF PRUSSIA, Pa., April 24, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE - news), the leading supplier of award-winning software, services, and solutions for the Appliance Computing market, today reported significantly higher revenue and profitable operations for its third fiscal quarter ended March 31, 2002.

Driven by growing demand for software-powered Appliance Computing solutions by business customers, revenues for the quarter ended March 31, 2002 grew to $8,368,580, an increase of 70% from $4,911,167 for the prior year quarter. Net income for the quarter ended March 31, 2002 was $705,058, or $0.06 per fully diluted share, compared to a net loss of $495,748, or $(0.05) per share, in the prior year period, which included a one-time impairment charge of $812,000. For the current quarter, fully diluted shares outstanding increased to 12,509,099 from 10,884,693 in the December quarter as a result of newly issued shares to IBM and ACTIV-e Solutions, as well as additional in-the-money stock options resulting from the Company`s higher stock price.

For the nine months ended March 31, 2002 revenues were $20,228,442, an increase of 64% from $12,333,573 in the prior year. Net income for the nine months was $1,575,299, or $0.14 per fully diluted share, compared to a net loss of $(959,820) or $(0.09) per share in the prior year period.

[xanda1]

steigende profitabilität bei
starkem wachstum!!
wer kann das noch von sich behaupten?

[xanda1]

eigentlich brauche ich mich
nicht wundern.
die zahlen waren je bereits
bekannt.
so gesehen waren sie auch im
kurs schon eingepreist.

ganz eindeutig: heute ist nicht weihnachten