Citrus County Tax Collector's Office to Simplify IT Management and Reduce Energy Costs with Thinspace Desktop Virtualization

PORT ORANGE, Fla., March 2, 2015 /PRNewswire/ -- Thinspace Technology Inc. (OTCQB: THNS) ("Thinspace or the "Company"), a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes, today is pleased to announce that Florida's Citrus County Tax Collector's Office will simplify IT management and reduce energy costs by upgrading its traditional desktop computing to Thinspace's innovative desktop virtualization solution.

Located on the west coast of Florida, Citrus Country Tax Collector's Office decided to centralize its computing capability to simplify the IT management of its desktop computers. The Tax Collector's Office will use desktop virtualization to provide computing capabilities for its employees to perform tax collection, form preparation, and other information processing work.

Ross Storey, IT Director of Citrus County Tax Collector's Office, stated, "With a limited IT team, we wanted to ensure information technology management is performed efficiently and effectively as well as securely and economically. Using a centrally managed approach to administer employee desktops will simplify and streamline the complex job of managing an entire all desktop computing operations within the department. Moreover, centralized computing also lowers energy consumption and electronic waste, reducing the carbon footprint of Citrus County. Selecting Thinspace's desktop virtualization platform was a no-brainer."

Chris Bautista, Chief Executive Officer of Thinspace, commented, "Citrus County Tax Collector's Office is a great example of how an organization with finite resources can leverage technology to do more with less. With an IT staff of two people using our Thinspace desktop virtualization, the Tax Collectors Office can centrally administer and manage an entire department's desktop computing power, keeping county workers up and running, all while lowering energy costs for the county."

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 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, 2014.

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SOURCE Thinspace Technology Inc.

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