SOURCE: Propalms USA, Inc.

May 03, 2007 09:14 ET

Propalms USA, Inc. Officers and Directors Agree to Retire 10 Million Shares

NORTH YORKSHIRE, UK -- (MARKET WIRE) -- May 3, 2007 -- Propalms USA, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company's two founders Owen Dukes and Robert Zysblat recently agreed to retire 10 million personally held shares of Propalms stock. The agreement was reached after the officers elected not to dilute the outstanding shares in order to compensate the new appointment of Nakul Sood as a director of the Company.

"We feel that the decision to retire our personally owned shares demonstrates our faith in, not only our new director appointment Nakul Sood, but in the Company as well. We as founders of Propalms believe that we must maintain shareholder value and grow the business in the interests of all shareholders. This has been a very exciting year of development and we have the utmost confidence in our ability to maintain our current level of growth," stated Owen Dukes, CEO of Propalms USA, Inc.

Propalms USA, Inc. recently announced that the Company has appointed Mr. Nakul Sood to the Board of Directors. Mr. Sood will assist the Company with the continued development of strategic technology relationships among the industry leaders, including Microsoft, Intel and Hewlet Packard.

Propalms USA, Inc. is pleased to announce that they were recently featured in Opportunist Magazine. To receive your free copy, please call 1-866-THE-APPL(E).

About Propalms USA, Inc.:

Propalms TSE is a complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003 offering features such as Application Publishing to Users, Groups, and OUs, Seamless Windows, Resource-based Load balancing, Web-based management console, Session management, Server Health Monitoring, Reporting, Single Port Relay, Universal Print Driver, Application Access via Desktop shortcut, Windows Start Menu or Browser-based via Application LaunchPad.

Propalms' vision is to focus on its award-winning TSE software, and continue to develop innovative products for the server-based global market, from the SMB to the large enterprise.

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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