MALTON, England, June 22, 2009 (GLOBE NEWSWIRE) -- Propalms, Inc. (OTCBB:PRPM) announced today that Mr. Nakul Sood has resigned as a director of the Company.
"It is with sincere regret that I must resign as an independent director of Propalms. This is due solely to my increasing work load in my own firm, but my confidence in Propalms remains very strong and it's my intention to retain my equity position in the Company and to be available to counsel Propalms, as requested," stated Mr. Sood.
CEO and Chairman of Propalms, Inc., Mr. Robert Zysblat, noted that "It is with great disappointment that we learn that Mr. Nakul Sood is resigning as a director after two years of excellent cooperation and strategic advice. We wish him all the best in the future and will continue to have a close relationship with him."
About Propalms, Inc.:
Propalms, Inc. is a global provider of application delivery and secure remote access solutions for Terminal Services and Virtual Desktop Infrastructures. Delivering to enterprises of all sizes, Propalms offers reliable, scalable and affordable solutions that simply work. Our belief is that application delivery solutions should be flexible, dynamic and, above all, simple to use.
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.