Thinspace Technology's New CEO Provides 30 Day Update

PORT ORANGE, Fla., July 29, 2014

The past last month has been a busy one for the new CEO of Thinspace Technology to say the least. It has been marked by progression through several corporate administrative on-boarding initiatives, such as getting SEC filings and registration,banking and insurance registrations, in order, visiting key global offices and customers, negotiating deals with current customers, vendors, and resellers, as well as having a major discussion with a large customer and distributor in Darmstadt, Germany to discuss specific business and technology requirements for a large desktop virtualization and security opportunity.

While solid time was spent on the aforementioned, most of Mr. Bautista's time has been getting to know the current, robust on-the-ground business of Thinspace Technology on a global scale. This effort has included him working with sales and operations team in York, England to understand day-to-day operations activities and opportunities, meeting the sales and project management team of one of Thinspace's largest deals in Manchester, England, and meeting with sales team in Frankfurt, Germany to understand market opportunity in Central Europe.

"As Thinspace is now a hardware and software company through recent acquisitions, my visit to our various offices and teams in Europe has given me the opportunity to see how our software applications and hardware devices will be integrated into a single, simple yet comprehensive end-to-end desktop virtualization and application delivery platform, which is the strategic direction we are heading," states Chris Bautista, CEO of Thinspace Technology.

Mr. Bautista has also been actively engaged with product development, and instrumental in determining the near-term, mid-term, and long-term product roadmap and strategy for the Company – since joining the team. He had a successful meeting with Thinspace's testing partner in Darmstadt, Germany to see the testing process of the Company's hardware devices, and conducted an engaging working session with an ODM (Original Design Manufacturer) to define the Thinspace next generation hardware devices. He even worked on product pricing for a new product offering release, which the Company expects out in Q3, and is headed to Pune, India to meet with Thinspace's technology and development team.

Thinspace Technology operates in high growth B2B markets of application delivery, virtualization and cloud client technology that 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.  IDC predicts that 2014 is the year where desktop virtualization is going to become main stream given its advantages currently in demand: low cost, flexibility, secure and green. According to Gartner research, the global desk top virtualization market is expected to surpass $65 billion in 2015.

About Thinspace Technology Inc.