Pano Logic, the provider of the end-to-end, virtual hardware and software desktop solution Pano System, has gone out of business, according to the company's former public relations firm.
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The shutdown comes shortly after the company announced a PC replacement project with the $3.4 billion Redstone Federal Credit Union in Huntsville, Ala. Redstone FCU had been in the process of replacing 75% of its PCs with Pano Logic's virtual desktop computing solutions and planned to continue the project into 2013.
Redstone FCU said that its legal and IT teams were reviewing the situation but had no other comment so far.
Calls to Pano Logic's corporate headquarters in Redwood City, Calif. led only to staff voicemail recordings, and the company did not respond to an email request for comment.
A comment posted on the company's Facebook page by who appears to be a Pano Logic customer asks about its plans for post-bankruptcy support, to which Pano Logic has not responded.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
