MALTON, England, May 27, 2008 (PRIME NEWSWIRE) -- Propalms, Inc. (Pink Sheets:PRPM) is pleased to announce that the Company has launched the beta version of its new TSE 6.0, which is available to download on its rebranded website, www.propalms.com. A beta version is the first version released to the public for the purpose of evaluation or real-world testing. The final version of TSE 6.0 will be live before the end of June. Within 30 days of the final launch of the product, Propalms will achieve Gold ISV Partnership status with Microsoft.
TSE 6.0 sits on the new Microsoft Server 2008 product, and provides customers with additional functionality in Windows 2008 Terminal Services, such as Easy Web Based Management, Virtual Desktop Management, Hyper Print PDF printing utility, Content Publishing and Redirection, plus additional features. Extremely easy to deploy and manage, TSE 6.0 will also include Virtual IP, which was requested by Toyota to support its use of IP phones.
"This is a very exciting time for Propalms with the launch of TSE 6.0 beta and rebranding of our website to mirror the new product. Propalms TSE 6.0 will provide users of Windows Server 2008 with enhanced functionality and significant value, as well as a reliable infrastructure for their business-critical applications," stated Owen Dukes, CEO, Propalms Inc.
Propalms recently announced that it 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.
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.