Thinspace Technology Announces Plans to Launch VSuite in the Second Quarter 2016

Carrollton, Texas, May 10, 2016 (Newswire.com) - Thinspace Technology Inc. (OTC: THNS) ("Thinspace or the "Company"), a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud computing technology to public and private sector companies and organizations of all sizes, today announced its plans to launch an all new release of SkyDesk, the company’s next generation of the TSE Platform built on a completely new modern code base to take advantage of the latest Microsoft Windows Server and Hypervisors. With a new and improved Management Console (TSConsole), SkyDesk will provide a more scalable and easier to use web based tool for administrators, maximizing their ability to leverage the new features and benefits of RDSH and Hyper-V, by the end of the second quarter 2016. The Company plans to follow the SkyDesk release with updates to Thinspace Universal Clients (for iOS and Android), OneGate (Thinspace secure access gateway solution) and the integration of VDI technology within the new TSConsole, comprising the VSuite solution. This software suite will provide a “single pane of glass” solution for all Thinspace customers’ virtualization needs.

In addition, the company will launch a new Web-site which will provide feature rich client and partner portals and enhancements to the Company’s support center for improved communications, license management and support requests.

We remain fully committed to providing our customers and partners with the most cost effective and easy-to-use virtualization solutions in the market.

Chris Bautista, Chief Executive Officer

Chris Bautista, Chief Executive Officer of Thinspace Technology Inc., commented, "We have focused our resources on product development and building our product support team. Our legacy code base originally was developed back in early 2000 and sustaining the code in its current form was not a viable option moving forward. We remain fully committed to providing our customers and partners with the most cost effective and easy-to-use virtualization solutions in the market."

About Thinspace Technology Inc.

Thinspace Technology Inc. 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 includes 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 a leading player in application delivery, virtualization, and cloud technology markets. The Company is headquartered in Carrollton, Texas. For more information on the Company, please visit www.thinspace.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, 2014.

Source: Thinspace Technology, Inc.