Thinspace Technology Inc. (fka THNS)

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Thinspace achieved 2014 annual revenue of $6.267 million as compared to $1.509 million in 2013, a year-over-year improvement of 315%.

http://www.prnewswire.com/news-releases/thinspace-increases-customer-base-in-south-america-300117431.html

http://www.otcmarkets.com/stock/THNS/profile

http://www.otcmarkets.com/stock/THNS/financials

THNS Security Details
Share Structure
Market Value1 $522,443 a/o Jul 22, 2015
Authorized Shares 500,000,000 a/o May 18, 2015
Outstanding Shares 104,488,675 a/o May 12, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 26,911,321 a/o May 12, 2015
Par Value 0.001



hinspace Increases Customer Base in South America
New Partner Tecnosys has over 150 customers using Thinspace solutions ranging from 5 users to over 2,000 users


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PORT ORANGE, Fla., July 23, 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 its strategic partner in Peru, Tecnosys has established new contracts with two government organizations in Peru.

Thinspace and Tecnosys recently signed up two government contracts with the ANA (National Water Administration) and Sedapal (Water Supply for Lima City). With several thousand government employees, these government organizations use Thinspace solutions to deploy, manage, and administer thousands of virtual desktops and applications throughout the government infrastructure. The Thinspace solution combined with the professional service capability of Tecnosys simplify the technical complexities of delivering desktop and application virtualization.

Antonio Macchiavello, General Manager of Tecnosys stated, "In the last 5 years as Tecnosys has focused virtualization solutions on government accounts, our customers find that Thinspace solutions add value to their daily operations and find it is more cost-effective than other solutions in the market, such as Citrix or Graphon."

"With a strong virtualization partner like Tecnosys, we are able to go-to-market and win large contracts such as the government of Peru. Tecnosys and Thinspace continue to work together very well, successfully delivering desktop and application virtualization to new and existing customers throughout the region," commented Thinspace CEO, Chris Bautista.

About Tecnosys S.A.
Founded in 1992, Tecnosys is a Peruvian company specializing in best-of-breed virtualization solutions. Tecnosys currently has over 150 customers using Thinspace solutions ranging from 5 users to over 2,000 users. With a strong channel program, Tecnosys helps Thinspace reach new customers every year. Tecnosys customers such as Banco de Materiales (Non-profit Banking), Sedapal (Water Supply for Lima City), Contraloria de la Republica (Controllers Office), Autoridad Nacional del Agua (National Water Administration) and Poder Judicial (Peru's Justice System with 2,000+ users and growing) trust Thinspace solutions.