Searchlight Scientific Announces Plans to Target Additional Industries Such as the Aerospace, Pharmaceutical and Genomics With I
June 09 2011 - 4:30PM
Marketwired
Searchlight Scientific, a wholly owned subsidiary of Searchlight
Solutions Ltd. (PINKSHEETS: SLLN), a technology venture holding
company, today announces plans to target additional industries with
its High Performance Cloud Computing HPC2
™Service. The Company's initial focus will be on
serving the fire simulation, video rendering, bio-tech, military
and university research. The Company believes high performance
computing ("HPC") is very applicable to the computing needs for
many industries. The sales plan will be extended in phases to
target additional industries such as Aerospace, Pharmaceutical and
Financial. More industries and business segments are planned to be
added as the Company's business matures.
As the amount of data analysis or computer modeling for R&D
or other purposes increases the need for more robust computing
systems, Searchlight believes that many companies will opt to
outsource their HPC needs as opposed to purchasing a supercomputer.
For example, the following article by HPC in the Cloud explains
"Why the Cloud Works for Pharma."
http://www.hpcinthecloud.com/hpccloud/2010-10-25/why_the_cloud_works_for_pharma.html
Searchlight Scientific looks forward to being the cloud
computing choice for many companies across many diverse
industries.
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.
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For more information: Searchlight Solutions Email Contact
www.searchlightscientific.com Phone (866)230 4056
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