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Propalms, Inc. to Continue Increasing Market Share in 2010 by Strengthening Global Presence

^{Published on 2009-12-29 06:40:19 - Market Wire}
 

MALTON, ENGLAND--(Marketwire - December 29, 2009) - Propalms, Inc. (PINKSHEETS: [ PRPM ]) is pleased to announce that the Company looks forward to a prosperous 2010, following a strong year in 2009. During the past year, Propalms was able to steadily increase its revenues and sales transactions through the release of newer versions of its TSE and VPN software products. Propalms strengthened its presence in various markets around the world such as in India and Asia, where the Company signed Reliance ADA Group, one of Citrix's largest customers, and continued to expand its relationship with Toyota Motor Asia Pacific Engineering & Manufacturing Co. Ltd. Propalms also achieved Gold ISV Partner Status in the Microsoft Partner Program.

Propalms also increased its presence in the U.S. market in 2009 by completing the acquisition of Focus Systems, Inc. Focus Systems, Inc. is a vertically integrated desktop virtualization and voice over IP (VOIP) provider. Focus Systems' business model is to keep an organization's entire process in-house by utilizing their own servers and support staff to handle their clients' networking needs. Within the first quarter of 2010, Propalms plans on opening its own sales and marketing office in Orlando, Florida in order to better support the Company's distributors and customer base in the North American market.

In 2010, Propalms will continue the development of newer versions of its Propalms TSE and Propalms VPN software products as well as developing new software solutions to meet its customers growing needs. Propalms is currently in development of its Virtual Desktop Integration (VDI) software solution that is specifically being designed to be compatible with Microsoft Hyper-V. Propalms VDI will be launched by the end of the first quarter of 2010. Propalms VDI is designed to be a highly scalable virtual desktop solution capable of provisioning, managing, and brokering connections to virtual and physical machines running various client operating systems. According to analyst group Gartner, desktop virtualization will coexist with, rather than replace, personal computers and server-based computing. Gartner also predicts that the market for desktop virtualization will triple in size in 2009/2010 with approximately $300 Million in software sales being generated.

"We are excited about the progress Propalms has made this past year. We expect to continue to gain market share in 2010 in the virtual software arena through increasing our customer base globally through our suite of software products," stated Owen Dukes, CEO of Propalms, Inc.

About Propalms, Inc.:

Propalms, Inc. is a global provider of application delivery and secure remote access solutions for Terminal Services and Virtual Desktop Infrastructures. Delivering to enterprises of all sizes, Propalms offers reliable, scalable and affordable solutions that simply work. Our belief is that application delivery solutions should be flexible, dynamic and, above all, simple to use.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements'' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.