PORT ORANGE, Fla., Jan. 20, 2015 /PRNewswire/ -- Thinspace Technology Inc. (OTCQB: THNS; "Thinspace or the "Company"), a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes, today announced that in November 2014, the Company partnered with TSE Corporation in Tokyo, Japan to develop a virtualization solution with smartcard technology. Thinspace desktop virtualization solutions will be integrated into TSE smartcard and authentication offerings.
In accordance with the partnership agreement, and in close cooperation of TSE, Thinspace technology will combine each organization's core competency in hardware and smartcard technology, research and development, and desktop virtualization to develop a compelling information security solution. The partners are targeting this solution to be released in 1Q2015.
TSE Corporation provides many kinds of solution for various social issues and needs of modern society by using IT at a high level. In addition, TSE provides a one-stop solution from marketing to system implementation and operation to accommodate requests from enterprises.
The value proposition of TSE Corporation is to offer a useful system for customers with high quality at a reasonable cost based on IT infrastructure service, including network virtualization, server virtualization and application virtualization.
Chris Bautista, Thinspace Technology CEO, commented, "It's great to work with organizations that are truly passionate about the work they do. TSE Corporation always bring their best and brightest ideas to the table and remain intently focused on developing the greatest products and solutions possible. Working alongside this exceptional organization is both motivating and inspiring. The combination of our virtualization technology with TSE smartcard technology will produce a significant data protection and security solution."
About Thinspace Technology Inc.
Thinspace Technology Inc. is a leading, global provider of reliable, scalable and affordable desktop virtualization and cloud computing solutions to public and private sector enterprises and organizations of all sizes. Operating on the belief that solutions should be flexible, dynamic and above all, simple to use, Thinspace understands and is passionate about solving customer problems affordably in the most efficient and effective manner possible. With over 5,000 enterprise customers worldwide, the Company is recognized as leading provider in its market with customers that include NASA, PWC, Deutsche Bank, Toyota, as well as NHS, local councils, universities, schools, and housing associations., The Company is headquartered in Port Orange, Florida with international offices in U.K., Canada, and India.
For more information on Thinspace, please visit www.thinspace.com and/or sign up for Company news alerts delivered right to your inbox. For industry related news and updates, be sure to follow Thinspace on Facebook, Twitter, and LinkedIn.
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
The Company is subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including the section entitled "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2013.
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SOURCE Thinspace Technology Inc.