PRPM - Propalms Inc

[Jim Broski]

Propalms, Inc. Receives Initial Purchase Order From Leading Indian Insurance Company to Supply TSE Software

MALTON, ENGLAND -- (Marketwire)
04/05/10

Propalms, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company has received an initial purchase order for its Propalms TSE Software from SBI Life Insurance Company Ltd., one of the leading insurance companies in India. This is the beginning of a roll out of Propalms TSE software to the thousands of users within SBI Life Insurance Company. SBI Life Insurance Company Limited is a joint venture between the State Bank of India and BNP Paribas Assurance, the fourth largest insurance company in France.
SBI Life has a unique multi-distribution model encompassing vibrant Bancassurance, Retail Agency, Institutional Alliances and Corporate Solutions distribution channels. SBI Life extensively leverages the SBI Group as a platform for cross-selling insurance products along with its numerous banking product packages such as housing loans and personal loans. SBI's access to over 100 million accounts across the country provides a vibrant base for insurance penetration across every region and economic strata in the country ensuring true financial inclusion.

"We are thrilled to add yet another prestigious and respected India company to our growing list of users in this region. Every week we are closing new deals in the region and working hard to increase our brand and product awareness, which we hope in turn will show in our growth figures during the months to come," stated Owen Dukes, CEO Propalms Inc.

Propalms recently announced that the Company will be holding a Nationwide teleconference on Wednesday, April 7 at 4:15 PM EDT. During the Nationwide Teleconference, Mr. Owen Dukes, CEO of Propalms, and Robert Zysblat, President of Propalms, will not only discuss the pending sale of Focus Systems, but they will also update the financial community on the Company's financial results from its fiscal year ending January 31, 2010. There is expected to be a high demand for the call-in lines for this Nationwide Teleconference and space will be limited. Please call (407)389-5900 today to reserve your place and receive the information that will enable you to participate in the conference. If you have a particular question for Mr. Dukes or Mr. Zysblat, please email your question to ir@propalms.com.

For more information on SBI Life Insurance Company please visit www.sbilife.co.in

About Propalms, Inc.:

Propalms, Inc. (Propalms - Application delivery solutions for Terminal Services, Virtual Desktops and Remote Access) 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.

[Jim Broski]

Nationwide teleconference on Wednesday, April 7 at 4:15 PM EDT

[Jim Broski]

The company recently announced it's Aggressive 2011 Agenda... and sitting at the bottom .0002, with a good share structure, I think this is a could be a great investment... See below.

The Board of Directors issued the following statement: "The Board of Directors has proposed a very aggressive agenda for the coming year and looks forward to pursuing these goals in 2011. The company's overall strategy is to bring value to the shareholders by, among other things, seeking acquisitions and the growth of ProTek Capital that will help increase our revenue base. The Company was pleased to recently announce the addition of Acute Systems Consulting, LLC ("Acute") as a wholly owned subsidiary and has substantial plans for that subsidiary in the coming year.

The 2011 agenda includes:

Plans for obtaining new Equity Capital of $10 Million
Share Buyback up to 400 Million common Shares
Plans for an IPO of subsidiary Acute Systems
Plans to acquire or participate in Equity Positions, Joint Ventures, New Partnerships and Additional Acquisitions in our core business
Growth of the Board of Directors to Four Persons
Development of an Advisory Board
Development of new Investor Relations /PR Program (for more transparency)

About ProTek Capital, Inc.:
ProTek Capital, Inc. is a corporation with offices located in the United States and United Kingdom, whose focus is to invest in or acquire software companies that are privately held or traded on the public markets. The objective of ProTek Capital, Inc. is to provide the best possible risk-return value for all of its shareholders by making direct investments or outright purchases into foreign and domestic private and public software companies. To learn more about ProTek Capital, Inc., please visit: ProTek Capital

Market Value $1,077,775 a/o Nov 19, 2010
Shares Outstanding 1,737,218,472 a/o Jan 21, 2011
Float 684,638,458 a/o Nov 09, 2010
Authorized Shares 2,000,000,000 a/o Nov 09, 2010