SOURCE: Propalms, Inc.

December 14, 2007 08:31 ET

Propalms, Inc.'s 10-SB Filing Available on SEC Web Site

NORTH YORKSHIRE, UK--(Marketwire - December 14, 2007) - Propalms, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company's 10-SB filing, as of December 13, 2007, has been listed on the Securities and Exchange Commissions Web site for further viewing. The Company's registration with the SEC should be effective in 60 days, pending the resolution of any SEC comments.

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. Pursuant to these rules, Propalms is required to regularly issue Form 10-Q quarterly reports, Form 10K annual reports, Form 8-K corporate development reports, proxy rules, and audited annual financial reports.

"I am pleased to report that filing our Form 10-SB represents the Company's first step in the ongoing process of uplisting, and that we now await any SEC comments that must be cleared before our registration is effective. By becoming a fully reporting company, we will establish a public record of our ongoing financial and corporate developments. This will move us one step closer to our corporate goal of obtaining a listing on a national securities exchange," stated Owen Dukes, CEO of Propalms, Inc.

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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