MALTON, England, Feb. 3, 2009 (GLOBE NEWSWIRE) -- Propalms, Inc. (OTCBB:PRPM) is pleased to announce that the Company has signed a distribution agreement with TVG Eesti OU in Estonia to market and distribute their TSE 6.0 software in the Baltic region of Europe. TVG is one of the first Estonian software distributors to focus on the expanding markets in Estonia, Latvia and Lithuania.
TVG was formed in 1994, with the goal to improve product, price, promotion and placement from manufacturer to reseller with minimum cost, time and financial risks. TVG enables the local computer industry and value-added reseller/system integrator network to have permanent availability, on-the-spot delivery and the latest product information of leading software products at their disposal, combined with the local stock and service. TVG has the vision to achieve and sustain a strong presence in a constantly changing marketplace of software, by marketing to companies electronically as well as in print ads. They are experienced in following market trends and are constantly adjusting their product portfolio to meet changing demands.
"We are excited about the relationship with TVG. We feel that TVG has the right experience and market channels to introduce our TSE 6.0 as well as the rest of our product line to this exciting and growing region of Europe," stated Owen Dukes, CEO of Propalms, Inc.
For more information about TVG, please visit www.TVG.ee.
Propalms recently held their second annual shareholders meeting in Orlando, Florida, on January 30, 2009, at 10am EST, where the Company discussed its plans for the future as well as summarized the solid growth that the company achieved during 2008.
About Propalms, Inc.:
Propalms, Inc. is a 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.
For more information, please visit: www.Propalms.com.