SLLN Searchlight Solutions Ltd (CE)

Searchlight Solutions Ltd.'s (PINKSHEETS: SLLN) newly acquired subsidiary, Linux Labs, has recently completed development for the prototype of their cloud based secure storage solution which is a component of the Linux Labs Indigo file system.

Referred to as a haystack model is an analogy to finding the needle in a haystack. Essentially, when a block of data is stored in the system, it is given a name based on the hash value of the data. It can only be retrieved again if you know that 256 bit key. It is so difficult to guess a valid hash value without being the person who stored the data, there is little point in using a password or other authentication as those could be more easily guessed than the hash names. In addition, a guessed password would allow access to all of a particular account's data.

Upon completion this development will give Linux Labs competitive advantages in the Cloud Storage arena because the efficiency of data handling is substantially increased when login data is handled in this manner.

Per recent findings of the technology research firm Gartner Inc., the global cloud service market is expected to grow substantially with revenue expected to reach $148.8 billion by 2014.

About Us:

Searchlight Solutions Ltd. (PINKSHEETS: SLLN) is a technology venture holding company that provides business development and high level management services for early stage technology companies who are pursuing the benefits of the public marketplace.

Searchlight Scientific is a next generation data services company focusing on developing and growing cloud based solutions to solve tomorrow's computing challenges. www.searchlightscientific.com

Linux Labs International Inc. is a hybrid engineering firm specializing in technologies that expand the field of high performance supercomputing. Linux Labs designs and builds high-performance supercomputers utilizing their proprietary NimbusOS™. www.linuxlabs.com

FORWARD-LOOKING STATEMENT DISCLAIMER

Forward-Looking Statements: The statements in this press release or on the Company's website and any other statements relative to the Company, which are not historical facts, are forward-looking statements -- that is, statements related to future, not past, events. These statements may be identified by words such as "expects," "looks forward to," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will," "project" or words of similar meaning. Such statements are based on the current expectations and certain assumptions of the Company's management, and are, therefore, subject to certain risks and uncertainties, including but not limited to, costs and difficulties related to the state of the Company's current operations, applicability of the Company's technology, costs, delays, and any other difficulties related to the Company's business plan, the company's sources of liquidity, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, marketability of the Company's products and services, and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. A variety of factors, many of which are beyond the Company's control, affect the Company's operations, performance, business strategy and results and could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Add to Digg Bookmark with del.icio.us Add to Newsvine

For more information: Searchlight Solutions Ltd. email Email Contact Website www.searchlightscientific.com. Phone (866 )230 4056