Thursday March 23, 10:01 am Eastern Time
Company Press Release
Netpliance Comments on Unauthorized Reconfiguration of the i-opener Internet Appliance
AUSTIN, Texas--(BUSINESS WIRE)--March 23, 2000--In response to recent reports of the unauthorized reconfiguration of its i-opener Internet appliance, Netpliance, Inc. (NasdaqNM:NPLI) announced that it has implemented hardware changes to prevent reconfigurations of i-opener Internet appliances produced after March 20, 2000. The changes implemented by the Company will be immaterial to the production cost of the i-opener Internet appliance. The Company believes the reported unauthorized reconfiguration of the i-opener Internet appliance has not had a material impact on its operating results or general product availability.
About Netpliance
Netpliance offers Internet-based content, applications and services through devices specifically designed for Internet access, commonly known as Internet appliances. The Company introduced its current i-opener service in November 1999, which combines its i-opener appliance, Internet access and its own consumer portal. The i-opener service includes all of the elements required for a user to access the Internet and simplifies Internet access, appealing to both novice and veteran Internet users.
This announcement contains forward-looking statements that are subject to significant risks and uncertainties. Future results may differ from those discussed in this announcement. Some of the factors that could cause such differences can be found under the headings ``Forward-Looking Statements' and ``Risk Factors' in our Registration Statement on Form S-1 filed with the Securities and Exchange Commission on December 23, 1999, as amended. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future event, or otherwise.
NOTE TO EDITORS: Netpliance press materials can be found at netpliance.com. |
