PORT ORANGE, Fla., Jan. 26, 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 Overnite Express has selected Thinspace
TSE for Application Management.
Overnite Express has over 2,800 conveniently located offices
serving more than 6,000 PIN Codes spread across 1,000 locations
across the country. From 20 Regional Offices, 58 Area Offices and
over 37 Mini Hubs, Overnite Express' strong and dedicated team of
2300+ executives work around-the-clock throughout the year.
Overnite has multiple Express Collection Centers in Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad and in other major
cities, and an extensive presence in the remote North-Eastern
Sector and Andaman & Nicobar Islands. Overnite's International
service covers over 1,000 cities worldwide. For more information on
Overnite Express, please visit: www.overnitenet.com.
Already equipped with a strong IT setup, Overnite was looking to
reduce the upfront costs associated with desktops and application
management given their large number of small offices across
India and throughout world. They
needed a solution to reduce desktop and application management on
user PCs and found Thinspace's TSE able to easily deliver
applications to Linux based desktops, as well as consolidate
applications and provide users access Windows applications through
a Linux device.
Chris Bautista, Chief Executive
Officer of Thinspace, commented, "With Thinspace TSE, Overnite can
reuse old hardware and reduce their Windows license cost by 20% by
using Linux based desktops, while still able to deliver business
applications from the latest Microsoft windows server. Centralized
management means more real time updates to customers and no errors
in data consolidation. It's a win-win."
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.