SOURCE: Propalms, Inc.

January 08, 2008 08:31 ET

Propalms, Inc. to Announce 2008 Development Plans at First Annual Shareholder Meeting

NORTH YORKSHIRE, UK--(Marketwire - January 8, 2008) - Propalms, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company will discuss its plans for growth and development in 2008 at its first annual shareholder meeting. Propalms, Inc.'s annual shareholder meeting will be held on January 11, 2008, at 10 a.m. PST at the Luxor Hotel and Casino, in Las Vegas, Nevada. The Company mailed the proxy statements on Tuesday, December 4, 2007 to all shareholders of record as of November 23, 2007.

The Company will participate as an exhibitor at the 2008 International Consumer Electronics Show (CES) January 7-11, in Las Vegas, Nevada. The CES is the world's largest annual tradeshow for consumer technology and America's largest annual tradeshow of any kind. The event is held at various locations throughout the city, including the Las Vegas Convention Center, Sands Expo and Convention Center, and the Las Vegas Hilton, where over 2,000 exhibitors will be showing off the latest in Electronic Gaming, Mobile Electronics, Robotics, Retail Resources, and more.

"We're very excited about our first annual shareholder meeting in Las Vegas. We plan to discuss Propalms' plans for further growth and development in 2008. While at CES, we plan to meet with potential acquisition candidates and other software companies that would be of great value for our shareholders," stated Owen Dukes, CEO of Propalms, Inc.

Shareholders are urged to contact Big Apple Travel if they would like to attend the 2008 first annual shareholder meeting of Propalms, Inc., to be held on Friday, January 11, 2008 at 10:00 a.m. PST at the Luxor Hotel and Casino, 3900 Las Vegas Boulevard, South Las Vegas, Nevada, 89119 (Room - Nile Chamber C). For travel accommodations, please contact Big Apple Travel at 866-446-2333 or 321-322-1111.

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 management 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.

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