Thinspace Technology Taps Prominent Technology & Virtualization Expert as Chief Technical Architect

LAKE MARY, Fla., March 7, 2014 /PRNewswire/ -- Thinspace Technology Inc. (OTCBB: THNS; "Thinspace or the "Company"), formerly known as Vanity Events Holdings and Propalms Ltd., 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 thrilled to announce that it has brought on board prominent technology and virtualization expert, Claudio Rodrigues, as its Chief Technical Architect, focused on driving innovation for the Company's next generation Pano virtualization products.

With a degree in Electrical Engineering, Claudio brings over 20 years of technology experience and deep virtualization expertise to Thinspace's already impressive management team. A regular speaker at industry events including BriForum, the only independent industry conference providing a vendor neutral perspective on current and emerging technologies, he has become recognized in the community as a strategic thinker and visionary particularly in his areas of specialization - Server Based Computing and Windows Architectures. Among his accolades includes being the first to ever receive Microsoft's Most Valuable Professional (MVP) Award for RDS.

As the Chief Technical Architect at Thinspace, Claudio provides strategic direction and vision for the company. He was the founder and CEO of Terminal-Services.NET and later TSFactory Inc., responsible for bringing several unique, simple and affordable tools to this market. With over 20 years of experience in the SBC/VDI market, Claudio has deployed hundreds of thousands of seats for several large enterprises worldwide.

Owen Dukes, Chief Executive Officer of Thinspace Technology, commented, "We are delighted that Claudio, a true and undisputed visionary in the industry, has decided to join the Thinspace Technology team as our Chief Technical Architect devoted to providing thoughtful, strategic direction and vision to the Company and driving next generation innovation. His array and depth of knowledge in the Terminal Services and Cloud Computing arena will provide us with a strong sounding board – which we believe will facilitate the acceleration of our products' development and overall growth of the business."

"Thinspace Technology's vision of the desktop of tomorrow is very similar in many ways to my own. Armed with a solid team of seasoned professionals, we will be able to deliver more than great products moving forward. We will be able to deliver a new, refreshing experience, not only to users but to IT professionals, that includes a complete platform that covers desktop delivery from A to Z.," stated Claudio Rodrigues.

About Thinspace Technology Inc.

Formerly known as Vanity Events Holdings and Propalms Ltd., Thinspace Technology Inc (OTC: THNS) "Thinspace" is 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. Operating on the belief that application delivery and cloud computing 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. The Company's list of private and public sector customers include NASA, PWC, Deutsche Bank, Toyota, as well as, NHS, local councils, universities, schools, and housing associations. With over 5,000 enterprise customers worldwide, Thinspace is recognized as leading player in application delivery, virtualization, and cloud technology markets. The Company is headquartered in Lake Mary, Florida with international offices in U.K., Canada, and India. For more information on the Company, please visit www.thinspacetechnology.com.

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, 2012, and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2013.

SOURCE Thinspace Technology Inc.

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