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May 19, 2009

OptiCon seeks for possible acquisition in Propalms to boost its sales

OptiCon Systems, a provider of communications and telecommunications software, signed a letter of intent and is beginning the due diligence process for a possible acquisition of Propalms.

By CBR Staff Writer

OptiCon Systems, said: “It has signed a LOI and is in the process of evaluating the possibility of acquiring Propalms, a leading global provider of application delivery solutions for TS and VDI services. Propalms has resellers and distribution channels in Europe, US, India and 42 other countries that would assist in speeding up OptiCon’s growth and consequently revenue in-take exponentially.

“In addition, their internal resources of programmers and support staff throughout Europe and India will be vital for the success of the OptiCon global initiative. This could possibly be a very strategic acquisition for OptiCon to look at once we have completed a thorough due diligence process internally.”

Propalms provides application delivery solutions for Terminal Services and Virtual Desktop Infrastructures to enterprises of all sizes. It offers reliable, scalable and affordable solutions that simply work.

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