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Thinspace Technology Inc (OTCMKTS:THNS) a global provider entity of reliable and scalable application delivery, virtualization solutions, and cloud client technology to both public as well as private sector companies of all sizes, reported original design manufacturer Centerm Information Co., Ltd. as company’s strategic partner in developing and producing Thinspace cloud computing devices.

As the top most cloud computing device manufacturer firm in Asia-Pacific region excluding Japan for four successive years, Centerm offers Thinspace Technology with design and manufacturing solutions to fulfill the increasing demand of cloud computing. Centerm has more than 600 engineers in Research & Development to develop unique and advanced cloud client devices and massive production capacity to manufacture an annual output of more than 3 million sets.

The expert comments

Christopher Bautista, the CEO of Thinspace Technology, said that to fulfill the demands and requirement of customers, it is important to work with associates that can perform together to help achieve the targets. Centerm has shown to be a great associate with whom company can design effective cloud computing systems for customers.

Moreover, they serve as an ideal strategic fit, rounding out company’s vertical markets offerings portfolio, positioned well in the finance, call center, healthcare and education markets. As Thinspace persists to design advanced technology to turn cloud computing more affordable, simple and secure, Centerm will be a prime associate in developing the end-user hardware on which application virtualization and desktop will run.

The performance

In 1Q2015, Thinspace Technology Inc (OTCMKTS:THNS) revenue came at $0.790 million compared to $0.783 million in the comparable quarter. The revenue came almost unchanged compared to 1Q2014. The CEO stated that they are thrilled to record consistent performance in the first quarter results over last year.

In early morning trade on Friday, the stock price of Thinspace was trading with gains of more than 260% at $0.0240.