rlebherz wrote: Alf,
Interesting article. I think the Cloud services and cloud infrastructure lines are a bit blurred, but I agree with most of what you are saying.
Dont underestimate the SLA's role in accountability. For companies that have dynamic requirements and no down time can be afforded, make sure you have very tight SLAs. For example, OpSource provides a 100% SLA in the cloud and 100%SLA around production application environments. Now 100% is ideally perfect, it comes down to accountability, yo...
NORTH YORKSHIRE, UK -- (MARKET WIRE) -- 06/07/07 -- Propalms USA, Inc. (PINKSHEETS: PRPM)
is pleased to announce that the Company has retained Kabani & Company, Inc.
as its auditor in order to proceed with Propalms' corporate strategy to up
list to the OTC Bulletin Board, or a higher exchange such as the NASDAQ or
AMEX. Kabani & Company, Inc. is a growing public accounting and consulting
firm based in Los Angeles, California. www.kabanico.com
In 2006, Kabani & Company, Inc. was ranked as the second fastest growing
firm in America, according to PAR's "America's Fastest Growing Accounting
Firms -- 2006." The publication also ranked Kabani & Company amongst the
top 30 SEC auditors in the USA. PAR is published by Commerce Clearinghouse.
Propalms recently announced that the Company has increased its sales
transactions for the first quarter of 2007 by 28 percent as compared to the
first quarter of 2006. The first quarter sales do not include Propalms'
agreement to supply the Toyota Group with the TSE software on a worldwide
exclusive basis. Propalms signed the agreement with TT Network Integration
(Thailand) Co., Ltd., who will supply Propalms TSE software throughout
Thailand and exclusively to the Toyota Group on a worldwide basis. Toyota
Group has over 286,000 employees worldwide, which has the potential to
generate over $3.2 million in sales transactions.
"After careful consideration, we have decided to appoint Kabani & Company,
Inc. as the Company's auditors. They have an excellent reputation in
providing SEC audits that will enable Propalms to move forward with our
plans to up list to the OTC Bulletin Board or higher," stated Robert
Zysblat, President of Propalms USA, Inc.
About Propalms USA, Inc.:
Propalms USA, Inc. sells a software product called Terminal Services
Edition (TSE), which is a complete management product for the Microsoft
server-based computing environment. TSE allows users to manage and operate
all of their software applications centrally on their servers rather than
on each individual desktop computer.
Statements contained in this news release, other than those identifying
historical facts, constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe
Harbor provisions as contained in the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements relating to the Company's
future expectations, including but not limited to revenues and earnings,
technology efficacy, strategies and plans, are subject to safe harbors
protection. Actual company results and performance may be materially
different from any future results, performance, strategies, plans, or
achievements that may be expressed or implied by any such forward-looking
statements. The Company disclaims any obligation to update or revise any
forward-looking statements.
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