PORT ORANGE, Fla., Dec. 18, 2014 /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 is
pleased to announce that it has promoted Paul Gittens as its new Director of Sales for
the UK and Northern Europe where
he will concentrate on business development and expanding channel
sales beginning December 2014. He
will be based out of Manchester,
UK.
Paul, an experienced channel sales professional, has a number of
notable wins throughout his career. For Thinspace, these wins
include £2.5 million Central Government deal which named the
Company the first SME to secure a deal of that magnitude with such
a high profile government project; the establishment of a channel
of value added resellers in the UK with Pan European operations;
securing product entry into NHS, Universities / Schools, Central
& Local government, Local Councils and many corporate
organizations; also instrumental in securing Technology Strategy
Board grants from the UK Government, to continue the development of
strategic software.
For Relisys Ltd., he led creation of a new sales division and
development of a reseller channel for New Plasma and LCD TV product
set in the UK and in Europe.
There, Paul grew revenues from initial 180K per annum to over 15
million within 3 years, while building a direct channel with
Walmart (ASDA) and many other high street names providing multiple
thousand unit deals.
Chris Bautista, Chief Executive
Officer of Thinspace, commented, "An enthusiastic, self-motivated
professional committed to positive approach to work, Paul Gittens has shown that exceptional response
to challenges and the ability to withstand pressure and meet
required deadlines. He is an out-of-the-box thinker who is able to
understand our customers' requirements and apply his experience to
develop innovative and effective solutions. We are happy to have
him lead our UK and Northern European sales efforts where his
extensive experience in desktop virtualization solutions will prove
instrumental in growing our presence in these key markets."
Thinspace Technology operates in high growth B2B markets of desk
top virtualization and cloud computing solutions – which 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. Thinspace achieved
third quarter 2014 revenue of $2.322
million, and nine months ended September 30, 2014 revenue of $5.701 million, representing year-over-year
improvements of 464% and 479%, respectively.
Gartner research predicts the global desk top virtualization
market to surpass $65 billion in 2015.
About Thinspace Technology Inc.
Thinspace Technology Inc. is a leading, global provider of
reliable, scalable and affordable desk top 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.
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 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.
Investor Relations
Email: lauren@choosewindmill.com
Phone: 855-371-3936
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SOURCE Thinspace Technology Inc.