Thinspace Technology (OTC: THNS) Launches New Total Solution for Application & Desktop Delivery: Thinspace Advantage

PORT ORANGE, Florida, April 29, 2014 /PRNewswire/ -- Thinspace Technology Inc. (OTCBB: THNS; "Thinspace or the "Company"), formerly known as Vanity Events Holdings and Propalms Ltd., 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 is excited to announce the launch of its new comprehensive Thinspace Advantage, an end-to-end solution suite for application and desktop delivery consisting of Cloud Client, Server Software, and Active Support components.

Owen Dukes, Chief Executive Officer of Thinspace Technology, commented, "The launch of Thinspace Advantage product is the first step in a range of new thin client products that will offer a total solution in one package that will be available to all of our existing as well as new and potential customers. We plan to market into all verticals and while it will be offered worldwide, we will begin by concentrating on sales in core markets such as the U.S., Europe and Japan."

Thinspace's technology is designed to enable IT and service providers to manage and deploy secure application and desktop delivery solutions providing users instant access to applications on any device, over any network or cloud. With Thinspace Advantage, Cloud Client comes pre-configured and ready to be connected to the hosted desktop or applications provided by Thinspace Server Software, which enables simple, secure Windows applications and desktop delivery to Thinspace Cloud Client, as well as almost any other client device including Windows, Mac OS and Linux platforms. 

The Active Support component provides affordable, proactive IT management support to users to address any concerns related to system downtime, security fears and losses of productivity. Thinspace's focus is to keep customers' application and desktop delivery systems operational, available and secure so that customers can focus on the everyday demands of running their business. 

Thinspace Advantage will help companies move to the cloud and enable them to work more effectively and give them a significant return on investment. The end-to-end solution suite is available for purchase with new monthly pricing plans that begin at $19.95 per user. Vijender Yadav, Chief Technical Officer of Thinspace Technology, stated, "I am delighted to be part of a team that has developed innovative solutions that are being delivered in a simple and affordable manner."

Thinspace Technology operates in high growth B2B markets of application delivery, virtualization and cloud client technology that make it easier, more flexible and more affordable for companies and IT Managers to conduct and streamline computing operations securely from any server - anywhere in the world.  IDC predicts that 2014 is the year where desktop virtualization is going to become main stream given its advantages currently in demand: low cost, flexibility, secure and green. According to Gartner research, the global desk top virtualization market is expected to surpass $65 billion in 2015.

About Thinspace Technology Inc.

Formerly known as Vanity Events Holdings and Propalms Ltd., Thinspace Technology Inc (OTC: THNS) "Thinspace" is 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. Operating on the belief that application delivery and cloud computing 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. The Company's list of private and public sector customers include NASA, PWC, Deutsche Bank, Toyota, as well as, NHS, local councils, universities, schools, and housing associations. With over 5,000 enterprise customers worldwide, Thinspace is recognized as leading player in application delivery, virtualization, and cloud technology markets. The Company is headquartered in Port Orange, Florida with international offices in U.K., Canada, and India. For more information on the Company, please visit www.thinspace.com.

Forward-Looking Statements:

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 OTC Markets, including the section entitled "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2013, and its Quarterly Report on Form 10-Q for the quarter ended December 31, 2013.

Investor Relations
Email: [email protected]
Phone: 855-371-3936

SOURCE Thinspace Technology Inc.

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