Thinspace Technology Inc (OTCMKTS:THNS) a global provider firm of affordable, reliable and scalable application delivery and cloud client technology to private and public sector companies and firms of all sizes disclosed that Bata India has chosen its skyGate for undisturbed remote access capabilities. Bata India is the leading manufacturer and retailer of footwear in India.
It is promising news for Thinspace as Bata Shoe Company is the largest retailer of footwear in India. As a part of the Bata Shoe Organization, it was incorporated in 1931. It has a retail network of more than 1,200 stores having a vast coverage that no other footwear firm can match. Its smart looking new retail stores boast a wide range of better quality products. The prime goal of stores is to offer a wonderful shopping experience. Its retail outlets are located in metros, mini-metros as well as towns. It runs a non-retail distribution network and has more than 30,000 dealers.
Bata India’s developers selected Thinspace skyGate to acquire secure access to development and production to ERP servers from distant locations. The applications are to allow access from specific locations and machines. The system is based on SAP R3 and Oracle. With skyGate, contractors and developers will be in a better position to get access without any problem. Contractors and Developers could be prohibited to access from specific machines.
Chris Bautista, the CEO of Thinspace Technology Inc (OTCMKTS:THNS), said that Bata India desired a simple and secure remote access application and after thorough analysis found company’s skyGate to suit their needs. The solution is better than legacy based solutions as they only provide one way of operating the VPN.
In last trading session, the stock price of Thinspace declined more than 9% to close the trading session at $0.0550. The decline came at a share volume of 1.93 million compared to the average share volume of 604,250.