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Propalms, Inc. Enters Multi-Billion Dollar Virtual Desktop Infrastructure Market

^{Published on 2010-05-20 06:30:23 - Market Wire}
 

MALTON, ENGLAND--(Marketwire - May 20, 2010) - Propalms, Inc. (PINKSHEETS: [ PRPM ]) is pleased to announce that the Company is entering the multi-billion dollar virtual desktop infrastructure (VDI) market with the launching of its new Propalms VDI software and "software as a service modal." Propalms will use its new software product to host its own services for its current customer base, but it will also be promoting and making it available for other Independent Software Vendors (ISV) who will be able to offer their applications through "Cloud" computing using the Propalms VDI technology to deliver. According to the Gartner Group, the virtual desktop infrastructure market will grow to $65.7 Billion by 2013, up from $1.3 Billion in 2009.

Propalms has the infrastructure in place in order to take advantage of this growing market. The Company has the core technology developed to operate and support "Cloud" computing through its recently upgraded Terminal Services Edition (TSE 6.0) and VDI, hence Propalms can support operating systems like Windows R2 and Hyper V. With its strong international sales presence through its distribution network Propalms will have the ability to generate revenues quickly through this channel and have a quick return on its VDI product development investment.

"Propalms is very excited about the launch of our new virtual desktop infrastructure product and service offering. Since the barrier to entry in this market is high, we feel that we have a unique advantage versus our competition," stated Owen Dukes CEO, Propalms Inc.

Propalms recently announced that the Company will be holding its annual shareholders' meeting on Wednesday, May 26, 2010 at 2 pm GMT. The meeting will be held at Propalms' main European office located at Unit 4, Park Farm Courtyard, Easthorpe, Malton, North Yorkshire, England. The agenda for this year's shareholder meeting will be resolutions to renew the current Board of Directors agreements with Company, and a motion to retain Propalms Certified Public Accountants for another year.

About Propalms, Inc.:

Propalms, Inc. ([ www.propalms.com ]) 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.

Safe Harbor: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.