225 Learning Centers In Over 175 Locations in India Now Using Thinspace Technology

PORT ORANGE, Fla., March 11, 2015 /PRNewswire/ -- Thinspace Technology Inc. (OTCQB: THNS) ("Thinspace or the "Company"), a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud computing technology to public and private sector companies and organizations of all sizes, today announced that it has deployed Thinspace TSE in CL Educate Career Launcher training institutes to virtualize Microsoft Dynamic Navison ERP and to address the ERP performance issues. Thinspace TSE has ensured secure authentication to the access of ERP application and data.

CL Educate, based in New Delhi, has 225 learning centers spread over 175 locations in India. Most of the centers faced low bandwidth issues. Because of low bandwidth, data processing such as report generation was consuming lot of time and the users had to wait for longer time while generating or printing reports. Sometimes the data created by the users locally, were prone to leakage and data loss due to hardware failure, and there was a significant delay in synching the data back to the corporate server resulting in slow updates to the management via various dash boards. CL Educate wanted a solution that could centralize the data and application in such a manner that the data does not flow over network, while also avoiding requirement of more bandwidth at each learning center and give centralized access to data and application.

After evaluating several solutions, Career Launcher chose Thinspace TSE and successfully deployed to virtualize the Microsoft Dynamics Navison ERP client. Thinspace TSE enabled CL Educate to overcome the ERP performance issues by virtualizing the application. The bandwidth requirement was irrespective of the growing data in the ERP application. Being running from central server, all data was consolidated on the data-center server and data could easily be backed up.

Vijender Yadav, Director and CTO at Thinspace said "The main problem at CL Educate training centers was the low bandwidth and performance. Also there was a significant delay in data synchronization which was also resulting in delayed or incorrect business updates to the managements through dashboards. With Thinspace TSE users are given access to virtual Navision client via browser that enabled the users to access applications and data from any PC."

Abhishek, Manager IT at Career Launcher said "We wanted a solution through which we can centralize all the data and applications in such a manner that the data does not flow over network. The bandwidth requirement at each learning center could be minimized and the users could be given access to the data from any PC without any delay in data processing. All these requirements were addressed with Thinspace TSE with which we could give our users virtual access to the applications."

Thinspace Technology operates in high growth B2B markets of desk top virtualization and cloud computing solutions – which make it easier, more flexible and more affordable for companies and IT Managers to conduct and streamline computing operations securely from any server - anywhere in the world.  Thinspace achieved third quarter 2014 revenue of $2.322 million, and nine months ended September 30, 2014 revenue of $5.701 million, representing year-over-year improvements of 464% and 479%, respectively.

Gartner research predicts the global desk top virtualization market to surpass $65 billion in 2015.

About CL Educate

From a modest beginning in April 1994, to a flourishing educorporate today, CL Educate Ltd has charted a long and glorious journey. From the early days of stowing money in food containers since the banks were closed, to a fully functional and operational corporate house with forays into all segments in the education industry, CL is a well renowned name in Asia today.

Starting off with MBA group discussion and interview preparation coaching, to written test preparation, on to Hotel Management, Civil Services, and GATE, CL has left its mark on all segments of competitive examinations in India. Moreover, it also has an established presence in the K-12 segment with its own school (Indus Worls School) started in 2005, coupled with the Indus World School of Business (2006), and various Bottom of Pyramid schools for imparting education in the rural areas. With this established diversity in the education industry, CL Educate Ltd has come a long way in a short time.

About Thinspace Technology Inc.

Thinspace Technology Inc. is a leading, global provider of reliable, scalable and affordable desk top virtualization and cloud computing solutions to public and private sector enterprises and organizations of all sizes. Operating on the belief that solutions should be flexible, dynamic and above all, simple to use, Thinspace understands and is passionate about solving customer problems affordably in the most efficient and effective manner possible. With over 5,000 enterprise customers worldwide, the Company is recognized as leading provider in its market with  customers that include NASA, PWC, Deutsche Bank, Toyota, as well as NHS, local councils, universities, schools, and housing associations., The Company is headquartered in Port Orange, Florida with international offices in U.K., Canada, and India.

For more information on Thinspace, please visit www.thinspace.com and/or sign up for Company news alerts delivered right to your inbox. For industry related news and updates, be sure to follow Thinspace on Facebook, Twitter, and LinkedIn..

Forward-Looking Statements:

This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

The Company is subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including the section entitled "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2013.

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SOURCE Thinspace Technology Inc.

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