PORT ORANGE, Fla., Dec. 3, 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 announced
that it has partnered with Xoom Technology Group to provide
effective and affordable Desktop-as-a-Service (DaaS) and cloud
service solutions to the small and medium sized business
market (SMB) in San Antonio and
Austin, Texas areas.
Xoom Technology Group's scope of service includes architecting,
designing and supporting networks and data cabling solutions to
engineering and implementing telecommunications systems, as well as
local and wide area networking solutions. Xoom Technology Group has
provided information technology solutions to the SMB market since
2008. More information on Xoom Technology Group can be found here:
http://www.xoomtg.com/about-us/.
Desktop virtualization is growing worldwide, with increasing
demand in the SMB market. With Thinspace desktop virtualization,
Xoom can capitalize on growing demand by providing desktops in the
cloud, on-demand to their current customer base, as well as to new
customers by going-to-market with a broader service portfolio.
Thinspace will be a complementary addition to Xoom's existing
partner list, which includes well-known technology providers such
as Microsoft, HP, Sophos, and Mitel. Through their partnership
agreement with Thinspace, Xoom will offer the Company's
comprehensive desktop virtualization product suite, rounding out
their telecommunications, local and wide area networking solutions
offering.
"We are excited to work with a company who is as passionate
about their product offerings as we are about ours," Xoom
Technology Group CIO, Shawn Casillas
stated, "Thinspace desktop virtualization will help us continue to
provide the best technology infrastructure solutions to our client
base."
Chris Bautista, Thinspace
Technology CEO commented, "Our partnership with Xoom Technology
Group creates a win-win-win situation for our companies, as well as
their entire customer base. Not only does it increase our customer
reach, but also it expands Xoom's technology portfolio and
capabilities. We both service SMB markets, which makes for an ideal
partnership. We look forward to working with such a great
organization and to growing together in the time ahead."
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.