<PAGE>
EXHIBIT 99.1
Contact: Timothy M. Feeney
Aspeon, Inc.
978-816-1131 or [email protected]
Julie Crandall/E. E. Wang
Pondel Wilkinson Group
310-207-9300 or [email protected]
FOR IMMEDIATE RELEASE
ASPEON FORM 10-K FILING DELAYED
Irvine, CA - October 10, 2000 - Aspeon, Inc. (Nasdaq:ASPE) said today that it
will require additional time to file its Form 10-K for the fiscal year ended
June 30, 2000, and will not meet its previously announced October 13 filing
date. The company did not specify a new target filing date. The company also
announced that Nasdaq has temporarily halted trading of its stock pending
receipt of additional information regarding the company's Form 10-K filing.
ABOUT ASPEON, INC.
Aspeon, Inc. operates in two lines of business. Aspeon Solutions, Inc., a
wholly-owned subsidiary, is the first "Next Generation" Application Service
Provider (ASP) focused on delivering pre-integrated mission-critical business
applications customized to meet industry-specific needs. Javelin Systems is the
leading provider of integrated touchscreen computers and system integration
services to the global foodservice industry. Visit Aspeon at www.aspeon.com
# # #
