MALTON, England, Nov. 3, 2008 (GLOBE NEWSWIRE) -- Propalms, Inc. (OTCBB:PRPM) is pleased to announce that the Company has signed Teqdis as a new distributor to assist the Company in selling its product line to the Indian corporate, government and private sectors. Through this agreement Teqdis will now distribute Propalms' TSE and VPN product line throughout India, the second fastest growing large economy, as well as the fourth largest country in terms of purchasing power.
Teqdis is a specialized, value added technology distributor throughout India. Teqdis was founded by a team of seasoned industry professionals with over 30 years of experience in the server-based computing field. Teqdis specializes in the distribution of software solutions that provide enterprises as well as government and education sectors with enhanced computing systems. Teqdis carries a number of brands and deals exclusively with the value-added reseller community. Currently within its product portfolio is Propalms, Parallels and Virtual Iron.
"The addition of Propalms TSE and VPN software products into our portfolio is of great importance. I am very excited about the new relationship with Propalms and am looking forward to a mutually beneficial relationship in the years ahead. The new TSE 6.0 and VPN application are excellent software pieces that are cost effective to any business, large or small," stated Jay Savoor, CEO of Teqdis.
"The signing of this new contract is significant as it strengthens Propalms' network of distributors in this region and should help accelerated growth in the coming New Year. We feel it is important for the Company to begin expanding its distribution base due to the heightened development of mobile and remote based applications," stated Owen Dukes, CEO of Propalms USA, Inc.
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.