SOURCE: Propalms, Inc.

January 11, 2008 13:30 ET

Propalms, Inc. Shareholders Overwhelmingly Re-Elect the Board of Directors to Another Term

LAS VEGAS, NV--(Marketwire - January 11, 2008) - Propalms, Inc. (PINKSHEETS: PRPM) is pleased to announce that their shareholders overwhelmingly re-elected the board of directors to another term at today's first annual shareholder meeting, which was held at the Luxor hotel and Casino in Las Vegas, Nevada. CEO Owen Dukes, President Robert Zysblat, and independent director Nakul Sood make up Propalms board of directors. The shareholders' of Propalms also ratified the appointment of Kabani and Company as the Company's independent auditors.

After today's shareholder meeting, CEO Owen Dukes gave a presentation about the Company's plans for the future. In 2008, Propalms will be launching version 6.0 of their TSE product during the first quarter of 2008, which will be in conjunction with Microsoft's launch of their Windows Server 2008. Mr. Dukes also emphasized Propalms growth by showing how the Company's sales in 2007 have exceeded 2006 figures and the Company has gained significant new customers' such as Toyota, PricewaterhouseCoopers, Ibargi Perfecture, as well as IBM's largest system integrator in Europe.

"Some of the areas we are targeting for growth in 2008 are increasing our partnerships, mainly becoming a Microsoft Gold ISV partner, increase our distribution network where we have 37 distributors in 50 countries, expand our ASP licensing scheme and complete key acquisitions," stated Owen Dukes, CEO of Propalms, Inc.

About Propalms, Inc.:

Propalms TSE, the complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003, offers features such as Application Publishing, Seamless Windows, Resource-based Load balancing, and Web-based consoles.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such "forward-looking statements." The Company disclaims any obligation to update or revise any forward-looking statements.

To receive instant updates, press releases, and other information on other Big Apple Consulting companies, please visit http://www.bigappleconsulting.com/compro.php and download your FREE copy of Big Apple ComPro.

Contact Information