Propalms, Inc. Retains Prestigious Law Firm Schiff Hardin LLP as General Counsel
Market Wire, December, 2007
Propalms, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company has signed an agreement with US-based law firm, Schiff Hardin LLP. The law firm was named 2008 "Best Lawyers in America." The team of lawyers at Schiff Hardin LLP will provide Propalms with counsel and assist with future mergers and acquisitions.
Schiff Hardin LLP is a general practice law firm with offices in seven cities. The firm has more than 400 attorneys in offices located in Atlanta, Boston, Chicago, Lake Forest, New York, San Francisco and Washington. Schiff Hardin's attorneys are admitted to practice law in more than 100 jurisdictions -- including 31 states, 72 U.S. courts, and six countries. The Schiff Hardin attorneys include former Securities and Exchange Commission directors and senior staff members, former general counsel at public companies, and experienced business lawyers from multiple disciplines and jurisdictions.
"We're very pleased to have retained Schiff Hardin. Schiff Hardin will serve as a major asset for us as we enter a new stage in our development. Whether it is Merger and Acquisition negotiations or general counsel it is integral for us to have the right team in place as we move to the next level. We're looking forward to accomplishing our Company goals while working with their renowned staff in 2008," stated Robert Zysblat, President of Propalms.
Propalms, Inc.'s annual shareholder meeting will be held on Friday, January 11, 2008, at 10:00 a.m. PST at the Luxor Hotel in Las Vegas, Nevada. Shareholders that would like to reserve a room at the hotel to attend the shareholder meeting should contact the Luxor Hotel at 888-777-0188 or 702-262-4444. The Luxor Hotel is located at 3900 Las Vegas Boulevard, South Las Vegas, Nevada, 89119. Propalms' shareholder meeting will be held in the Nile Chamber C. The Company filed its form 10SB to uplist to the Nasdaq Bulletin Board.
About Propalms, Inc.:
Propalms TSE, the complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003, offers features such as Application Publishing, Seamless Windows, Resource-based Load balancing, and Web-based management consoles.
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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Contact: For more information, please visit: http://www.propalms.com or Call Investor Relations 1-866-THE-APPL(E)
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