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Thinspace Technology (OTCBB: THNS) Announces Post-Merger Product Portfolio Catered to Enterprise Customers
LAKE MARY, Fla., March 4, 2014 /PRNewswire/ --Thinspace Technology Inc. (OTCBB: THNS; "Thinspace or the "Company"), formerly known as Vanity Events Holdings and Propalms Ltd., a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes, today is excited to announce its competitive post-merger product portfolio offering to enterprise customers of all sizes. The Company now easily and affordably offers its clients the following in-demand application delivery, virtualization, and cloud client products and services:
- Simple Application Delivery: Allows companies to deliver applications and desktops to any device utilizing a cloud computing environment while reducing total cost of ownership (TCO) and increasing IT efficiency.
- Secure Application Gateway: Provides companies with a solution for secure remote access while enabling enterprise mobility. Allows companies to offer a Bring Your Own Device (BYOD) environment without losing IT control and compromising security.
- Universal Client: Allows companies to offer secure mobile remote desktops to employees on their iOS and Android devices. Provides mobile access for iOS and Android.
- Virtual Desktop Infrastructure (VDI) Simplified: Offers companies highly secure end-to-end VDI deployment, setup measured in minutes rather than hours. Takes the 'thin client' concept to a new level ZERO client. It's the only VDI product in the market that is highly secure with no CPU, memory, OS, drivers, software or moving parts.
Owen Dukes, Chief Executive Officer of Thinspace Technology Inc., commented, "Unleashing our full bodied array of value-add enterprise application delivery, virtualization, and cloud client products to our current and future customers under the Thinspace name is an important step forward in our growth plan one that the Company has been and continues to actively prepare for. Altogether, we now have a complete portfolio of products that allow applications and desktops to be delivered from a private and public cloud in a secure manner to any type of device. Moreover, we are able to do this in the simplest and most cost effective manner in the market today making Thinspace a competing force in cloud and secure access markets."
Robert Zysblat, President of Thinspace Technology Inc., added, "We now occupy a unique market position. Not only do we control and manage the delivery of applications, but also we replace desktop with zero and thin client a movement that is gaining significant momentum among our core customer base and those that we are targeting."
The merger of Vanity Events Holdings with cloud computing company Propalms Ltd., owner of Thinspace Technology, closed in January 2014. The Company already received approval from the state of Delaware where is it registered to officially change its name to 'Thinspace Technology Inc.' and is currently awaiting its approval by FINRA.
About Thinspace Technology Inc.
Formerly known as Vanity Events Holdings and Propalms Ltd., Thinspace Technology Inc (OTC: THNS) "Thinspace" is a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes. Operating on the belief that application delivery and cloud computing solutions should be flexible, dynamic and above all, simple to use,Thinspace understands and is passionate about solving customer problems affordably in the most efficient and effective manner possible. The Company's list of private and public sector customers include NASA, PWC, Deutsche Bank, Toyota, as well as, NHS, local councils, universities, schools, and housing associations. With over 5,000 enterprise customers worldwide, Thinspace is recognized as leading player in application delivery, virtualization, and cloud technology markets. The Company is headquartered in Lake Mary, Florida with international offices in U.K., Canada, and India. For more information on the Company, please visit www.thinspacetechnology.com.
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
The Company is subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including the section entitled "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2012, and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2013.
SOURCE Thinspace Technology Inc.
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