SOURCE: Propalms, Inc.

December 19, 2007 08:31 ET

Propalms, Inc. Selects Qualified Market Maker to File Form 211 to Uplist to NASDAQ Bulletin Board

NORTH YORKSHIRE, UK--(Marketwire - December 19, 2007) - Propalms, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company has selected a qualified market maker to file its form 211. This is the final step in the process to uplist to the NASDAQ Bulletin Board.

Propalms has already completed two years of audited financial statements and, on December 13, 2007, submitted its 10-SB filing to become fully reporting, which has since been listed on the SEC Web site for further viewing. With the selection of an LA-based broker dealer, the Company is now ready to uplist to the Bulletin Board pending any comments from the NASD.

"As Propalms continues to evolve as a publicly trading entity, we are confident that securing a qualified advisor is crucial in our efforts to achieve the next level of trading. We are confident in the thoroughness and timeliness of our reporting, and we look forward to being a fully reporting Company trading on the Over-The-Counter Bulletin Board," stated Robert Zysblat, President of Propalms, Inc.

Once effective, the registration will establish a file available to the public that will comprise financial and business-related information on Propalms. Such registration will make the Company eligible to trade on the OTC Bulletin Board and designate the Company as a fully reporting entity under the Securities Exchange Act of 1934.

To view the complete 10-SB filing, please visit:

Propalms, Inc.'s annual shareholder meeting will be held on Friday, January 11, 2008, at 10:00 a.m. PST at the Luxor Hotel in Las Vegas, Nevada. Shareholders that would like to reserve a room at the hotel to attend the shareholder meeting should contact the Luxor Hotel at 888-777-0188 or 702-262-4444. The Luxor Hotel is located at 3900 Las Vegas Boulevard, South Las Vegas, Nevada, 89119. Propalms' shareholder meeting will be held in the Nile Chamber C.

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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