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Textron Financial realises financial benefits from utilising Neoware solutions

IT Wise, the Sub-Saharan distributor for Neoware, today announced that Textron Financial is realising financial benefits by replacing personal computers with Neoware`s centrally managed thin client appliances and ezRemote Manager software. By installing Neoware`s thin client appliances and its award-winning enterprise-class management software, Textron Financial is improving profitability by reducing the overall cost of desktop administration by as much as 50%.

Textron Financial found that Neoware offered the best solution for reducing both up-front and ongoing costs and is installing Neoware thin client appliances in its regional data centres to handle customised accounting packages that manage portfolio accounts.

"Neoware`s software and thin client appliances provide us with the central management tools to easily maintain and upgrade our users, enabling us to focus on our core business of managing financial assets," commented David Raspallo, CIO of Textron Financial. "Our IT operation costs are now nearly half of what we spent to administer a PC-based network, and we expect the thin clients` extended lifetime to provide further savings."

Neoware`s thin client appliances deliver secure access to applications running on servers, preventing staff from accessing the non-essential programs that ordinarily ship with PCs. In addition, Neoware`s thin client appliances are much less expensive than PCs to maintain since network administrators can upgrade them remotely, eliminating the need to send IT staff into the field.

"Nobody looks at cost savings as closely as a financial company," added Michael Kantrowitz, Chairman and CEO of Neoware. "When Textron Financial wanted to do more with a constrained IT budget, Neoware`s software and thin client appliances were the ideal answer, offering lower initial capital investment, as well as lower ongoing capital expenditures and administrative costs. Textron Financial`s implementation of Neoware`s thin client technology has already proven cost-effective, and their savings will continue to add up."

Textron Financial is a subsidiary of Textron Inc, an $11 billion multi-industry company with more than 49 000 employees in 40 countries. The company leverages its global network of businesses to provide customers with innovative solutions and services in industries such as aircraft, fastening systems, industrial products and components and finance. Textron Financial provides financing solutions to small and mid-size companies, and was looking to reduce the cost of managing the computers deployed in 11 field offices across North America.

For further information, please contact Sandy Redgate at telephone (012) 665 2204; fax (012) 665 2918; e-mail Sandy@itwise.co.za.

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Neoware

Neoware Inc, based in King of Prussia, PA, USA, is a 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 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 customised solutions that facilitate their specialised computing needs.

IT Wise

IT Wise, a South African company, is the sole Sub-Saharan Africa distributor for Germany-based Thin Print and US-based Neoware and Packeteer.

Editorial contacts

Paul Booth
Global Research Partners
(082) 568 1179
pabooth@mweb.co.za