SOURCE: Propalms, Inc.

May 25, 2010 09:18 ET

Propalms, Inc. to Hold Annual Shareholders Meeting in the United Kingdom

MALTON, ENGLAND--(Marketwire - May 25, 2010) -  Marketwire- Propalms, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company will be holding its annual shareholder's meeting on Wednesday, May 26, 2010 at 2:00 pm BST (9:00 am EDT). The meeting will be held at Propalms' main European office located at Unit 4, Park Farm Courtyard, Easthorpe, Malton, North Yorkshire, England. The agenda for this year's shareholder meeting will be resolutions to retain the current Board of Directors, and a motion to retain Propalms' Certified Public Accountants, Craig Workinger, CPA for another year. 

Immediately after the shareholder's meeting, Propalms CEO, Owen Dukes, will give a presentation on the Company's progress and an outlook for the next twelve months. Some of the items to be included in Mr. Dukes' presentation are an update on Propalms fiscal year-ending January 31, 2010 financial statements, the Company's progress on gaining market share with its new VPN application software and its upgraded TSE 6.0 software. Mr. Dukes will also comment on new customer developments in Japan, India, and the United States, which are key markets where Propalms is looking to continue to increase its revenue over the next twelve to eighteen months. 

"We look forward to meeting our shareholders in person at our European offices in Malton and showing them the progress we have made over the last couple of years," stated Owen Dukes, CEO, Propalms Inc.

About Propalms, Inc.:

Propalms, Inc. (www.propalms.com) is a global provider of application delivery and secure remote access solutions for Terminal Services and Virtual Desktop Infrastructures as well as Cloud Based Computing environments. Delivering to enterprises of all sizes, Propalms offers reliable, scalable and affordable solutions that simply work. Our belief is that application delivery solutions should be flexible, dynamic and, above all, simple to use.

Safe Harbor: 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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