Thinspace Eliminates Need for IT to Manually Configure Endpoints - Saving Time and Money

PORT ORANGE, Fla., Feb. 9, 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 the official release of its all new and improved endpoint, skyPoint, a managed "zero configuration" endpoint used to connect to virtual desktop environments. Replacing the Pano G2 device, the skyPoint will be offered to both new customers and existing Pano customers.

Unlike other 'thin clients', skyPoint is fully managed using Thinspace's own skyControl management system. Its automatic discovery on the network feature removes the need for IT to manually configure endpoints - saving time and money. IT can seamlessly and centrally switch between skyDirect (dedicated virtual desktop) and skyDesk (formerly TSE, shared hosted desktop) mode ensuring the correct desktop session is delivered to the skyPoint device. This provides users with secure access to virtual desktop environments and prevents access to and from local desktop operating systems, thereby preventing the download of harmful viruses, and affecting the device or session in anyway. In addition, skyPoint can be converted to a generic thin client device for 3^rd party vendor access (such as Citrix, VMware, etc.) making it a flexible and scalable endpoint.

Chris Bautista, Thinspace Technology Chief Executive Officer, commented, "We are thrilled to release skyPoint, our newest endpoint platform designed to meet the short comings of the legacy Pano G2 device. It will provide support for Windows 8, Office 2013, and WAN capability. Combining the best-of-both-worlds of a zero client and thin client in one endpoint, we believe our existing Pano customers and new customers will find this device as an easy-to-use, easy-to-manage, cost-effective endpoint."

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, 2013.

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SOURCE Thinspace Technology Inc.

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http://www.thinspace.com