Propalms, Inc. Signs Licensing Contract With One of the Largest CPA Firms in Colorado
Posted 4th February 2008
NORTH YORKSHIRE, UK--(MARKET WIRE)--Feb. 4, 2008-- Propalms, Inc. (OTCPK:PRPM) is pleased to announce that the Company has signed a licensing contract with GHP Horwath, one of the largest CPA firms in Colorado. The contract will provide GHP Horwath with licenses to Propalms' TSE software, which will help the company better serve its client base by streamlining the delivery of applications to its employees.
Based in Denver, Colorado, GHP Horwath offers assurance, financial staffing, hospitality consulting, cash flow planning and budgeting, strategic tax planning, and a variety of other services. The firm has an audit staff who works the majority of their time at client locations, which can be anywhere from Denver to Hong Kong. Connections to applications running at the office are essential to serving these clients, which is one of the reasons the company chose to go with Propalms.
"We were attracted to Propalms because of its cost effective pricing and because of the faith that we had in working with its Colorado representative, Tridex Systems. Because a weather event could make local travel to the office questionable, the company felt that Propalms' remote access would help employees stay productive during these relatively short periods of downtime," stated Michael Raisch, Chief Operating Officer of GHP Horwath.
"We are very excited to be working with a firm like GHP Horwath and are pleased to be able to provide an effective solution that will help them better serve their clients," stated Owen Dukes, CEO of Propalms, Inc.
For more information regarding GHP Horwath, please visit: http://www.ghphorwath.com/.
Propalms recently announced that the Company will be entering the desktop virtualization market in 2008 with the launch of its Virtual Desktop Manager technology within its new TSE product. Analyst firm IDC predicts the market for desktop virtualization software will be near $2 billion by 2011, with major players such as Microsoft, VMware, Citrix and SWsoft involved.
About Propalms, Inc.:
Propalms TSE, the complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003, offers features such as Application Publishing, Seamless Windows, Resource-based Load balancing, and Web-based management consoles.
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.
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Source: Propalms, Inc.
