PORT ORANGE, Fla., March 24, 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 is
pleased to announce that in February
2015, Graybar Canada, one of the oldest and largest North
American electrical distributors, renewed their Thinspace desktop
virtualization solution for the third time.
Graybar Canada, wholesale distributor for thousands of items
from leading manufacturers of automation, communication/data, and
electrical products, is a subsidiary of Graybar Electric Company
Inc., a Fortune 500 company, and one of the oldest and largest
North American electrical distributors. Headquartered in
Halifax, Nova Scotia and operating
in over 30 locations across the country, Graybar Canada is
committed to quality through its customer service, products, supply
and distribution and performance. For more information on Graybar
please visit www.graybarcanada.com.
With several hundred fixed and mobile employees throughout the
organization, Graybar needed an efficient and secure method to
access corporate applications. Graybar selected Thinspace as
their solution to meet their requirements in March 2012 and has renewed their service for the
third year.
Corey Richardson, Systems
Administrator Graybar Canada commented, "As a Canadian leader
in the distribution of electrical and communications & data
products, we searched for an application delivery solution
that would provide our employees access to numerous applications as
well as secure remote access for our mobile work force. It was
important for the product to be secure, easy to use, and easy to
manage. After testing products from a competitor, we selected
Thinspace as the best fit for the 550 users within our
environment."
"Graybar is a technologically advanced organization and their
renewal of Thinspace desktop virtualization solutions is a strong
validation of the value of our technology and commitment to our
customers. We are happy to work with customers that leverage
and embrace technology to advance forward," added Gary Walker, Thinspace Sales Director for
North America.
Thinspace Technology operates in high growth B2B markets of
desktop 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 desktop 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, 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.