MALTON, England, May 8, 2008 (PRIME NEWSWIRE) -- Propalms, Inc. (Pink Sheets:PRPM) is pleased to announce that the Company has added Hisco, Inc., a leading specialty distribution company that serves the electronic assembly and other industrial markets, to its growing list of clients. The company has purchased 250 user licenses of Propalms TSE. Hisco operates multiple locations and was in need of a software solution that could deliver applications to its employees quickly and allow for them to remotely access their files from anywhere.
Currently, the Hisco branch network includes 25 stocking locations, 19 in the United States and six operated by its HiscoMex subsidiary in Mexico, plus four precision converting facilities that provide fabrication and custom repackaging. During the 35 years since Hisco was established, its supplier base has included world-class organizations such as: 3M, Alpha Metals, GE Silicones, Loctite, Brady USA, DuPont Nomex(r), Panduit and Intermec.
"Choosing Propalms TSE was an easy decision for us. With the industry that we are in, it is important that we have constant contact between our locations, employees and suppliers, and Propalms has solved all of the communication problems we were having beforehand. Also the Propalms solution was much more cost effective then Citrix which we were using at the time. Tridex Systems, the U.S. distributor of the Propalms product, was very helpful during the entire evaluation/installation process and provided us with implementation assistance, training and support," stated Nelson Picard, Vice President of IT of Hisco, Inc.
"As we provide licenses to additional new customers, it becomes apparent that all of the users have one thing in common: they are looking for a solution that is efficient and effective. Whether they are a small or large corporation, Propalms TSE can meet all of their needs, which is why Propalms has such a high customer retention rate," stated Owen Dukes, CEO of Propalms, Inc.
To find out more information about Hisco, Inc., please visit: http://www.hiscoinc.com/
Propalms recently announced the Company has completed the acquisition of vFortress, a leading security solution company. The acquisition gives Propalms the rights to all vFortress customers and property; including the worldwide IP rights and source code of a Virtual Private Network (VPN) solution. The acquisition was an all cash transaction, which means there will be no dilution to the stock. Propalms expects Company sales to double within the next 24 months as a result of the acquisition and will rebrand the VPN product within two to three weeks.
About Propalms, Inc.:
Propalms, Inc. is a leading global provider of application delivery solutions for Terminal Services and Virtual Desktop Infrastructures. Delivering to Enterprises of all sizes we offer 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.
For more information, please visit: http://www.propalms.com