MALTON, England, May 12, 2008 (PRIME NEWSWIRE) -- Propalms, Inc. (Pink Sheets:PRPM) is pleased to announce that the Company's CEO, Owen Dukes, has been featured in an online interview on WallSt.net. During the interview, Mr. Dukes explained that Propalms TSE provides central access to applications and sits on the Microsoft Server family, including the new Microsoft Server 2008. The Company's goal is to provide users access to any application from any kind of device.
Mr. Dukes explained that due to the recent acquisition of vFortress, a leading security solution company, Propalms will be able to provide secure access for large enterprise organizations that require external access. For organizations such as Toyota and PricewaterhouseCoopers, who have existing relationships with Propalms, these enterprises have a growing need for people to work remotely.
He also discussed that the Company is currently selling into 50 different countries, with plans to double the number of sales outlets they currently have. Mr. Dukes also stressed that the Company is looking to aggressively grow its revenue figures over the next 12 to 24 months.
"This is an exciting time for Propalms: we are going to move up to the Bulletin Board in the next five weeks; we are fully reporting; and we have ended our first quarter with quite a large amount of revenue growth from this time last year. Moving forward, the prospects look very bright," stated Owen Dukes, CEO of Propalms, Inc.
Please visit the following link to hear the interview: http://tv.wallst.net/3-minute-press/57/291/PRPM/owen-dukes/propalms-inc/.
Propalms has completed the acquisition of vFortress, which 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.
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, 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.