PORT ORANGE, Fla., July 29, 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 provide a recap on the initiatives new Chief Executive
Officer, Chris Bautista, has
undertaken in his first 30 days in office.
The past last month has been a busy one for the new CEO of
Thinspace Technology to say the least. It has been marked by
progression through several corporate administrative on-boarding
initiatives, such as getting SEC filings and registration,banking
and insurance registrations, in order, visiting key global offices
and customers, negotiating deals with current customers, vendors,
and resellers, as well as having a major discussion with a large
customer and distributor in Darmstadt, Germany to discuss specific business and
technology requirements for a large desktop virtualization and
security opportunity.
While solid time was spent on the aforementioned, most of Mr.
Bautista's time has been getting to know the current, robust
on-the-ground business of Thinspace Technology on a global scale.
This effort has included him working with sales and operations team
in York, England to understand
day-to-day operations activities and opportunities, meeting the
sales and project management team of one of Thinspace's largest
deals in Manchester, England, and
meeting with sales team in Frankfurt,
Germany to understand market opportunity in Central Europe.
"As Thinspace is now a hardware and software company through
recent acquisitions, my visit to our various offices and teams in
Europe has given me the
opportunity to see how our software applications and hardware
devices will be integrated into a single, simple yet comprehensive
end-to-end desktop virtualization and application delivery
platform, which is the strategic direction we are heading," states
Chris Bautista, CEO of Thinspace
Technology.
Mr. Bautista has also been actively engaged with product
development, and instrumental in determining the near-term,
mid-term, and long-term product roadmap and strategy for the
Company – since joining the team. He had a successful meeting with
Thinspace's testing partner in Darmstadt, Germany to see the testing process of the
Company's hardware devices, and conducted an engaging working
session with an ODM (Original Design Manufacturer) to define the
Thinspace next generation hardware devices. He even worked on
product pricing for a new product offering release, which the
Company expects out in Q3, and is headed to Pune, India to meet with Thinspace's
technology and development team.
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.
Thinspace Technology Inc. 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 a
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 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.
CONTACT:
Investor Relations
Email: lauren@choosewindmill.com
Phone: 855-371-3936
SOURCE Thinspace Technology Inc.