Thinspace Partners with Large Global Design and Manufacturer

PORT ORANGE, Fla., June 24, 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 original design manufacturer ("ODM") Centerm Information Co., Ltd. is a strategic partner in designing and manufacturing Thinspace cloud computing devices.

As the number one cloud computing device manufacturer in Asia-Pacific (excluding Japan) for 4 successive years, Centerm provides Thinspace with design and manufacturing capability to meet the growing demand of cloud computing. Centerm has over 600 engineers in R&D to design advanced and innovative cloud client devices and large production capacity to produce a yearly output of over 3 million sets.

"To meet the requirements and demands of our customers, it is key to work with partners that can perform collaboratively to help achieve this. Centerm has demonstrated to be a great partner with whom we can develop effective cloud computing solutions for our customers," stated Thinspace Technology CEO, Christopher Bautista. "Additionally, they are good strategic fit, rounding out our vertical markets solution portfolio, positioned well in the call center, healthcare, education, and finance markets."

As Thinspace continues to develop technology to make cloud computing more simple, secure, and affordable, Centerm will be a key partner in creating the end-user hardware on which desktop and application virtualization will run.

About Thinspace Technology

Thinspace operates in high growth B2B markets of application and desktop virtualization and cloud computing solutions – which make it easier, more scalable and more affordable for companies and IT Managers to conduct and streamline computing operations securely from any server - anywhere in the world. Thinspace achieved 2014 annual revenue of $6.267 million as compared to $1.509 million in 2013, a year-over-year improvement of 315%.

About Centerm Information

Founded in 2002, Centerm Information is a leading ODM of cloud client, thin client, software, "desktop cloud" solutions and payment terminal. Centerm's products have been widely used in more than 40 countries covering Financial, Insurance, Telecommunication, Government, Education, Call Center, Retail, etc. Centerm Information has 6 R&D centers in Fuzhou, Beijing, Chengdu, Wuhan, Shanghai and Xiamen, more than 600 highly experienced R&D Professionals.

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.

Investor Relations
Email: [email protected] 
Phone: 855-371-3936

SOURCE Thinspace Technology Inc.

Related Links

http://www.thinspacetechnology.com

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