Searchlight Scientific to Launch Cloud Based Video Rendering Service, as Part of Its High Performance Cloud Computing Busines...
August 29 2011 - 8:00AM
Marketwired
Searchlight Solutions Ltd. (PINKSHEETS: SLLN) today announces its
subsidiary, Searchlight Scientific, Inc., is executing plans to
launch video rendering services in the cloud on its High
Performance Cloud Computing ("HPC2") platform. Clients are expected
to be from the film and video gaming industries. A key incentive
for customers is that Searchlight's HPC2 clusters are located in a
high security data center located at 56 Marietta St., Georgia's
"Telecom Hotel", which qualifies the client for up to 30% in tax
credits under the Georgia Entertainment Industry Investment Act
(http://www.georgia.org/GeorgiaIndustries/Entertainment/AboutUs/Pages/Incentives.aspx).
Company Management stated: "We are excited to be in the
execution stage of this aspect of our HPC2 business plan. Video
rendering is well within our capabilities and our location provides
extra incentive for potential film studio customers to render with
us. Combined with the unique capabilities of our recently announced
NimbusOS upgrade we feel we are well positioned to take advantage
of what our HPC2 Cloud can do for production companies in need of
outsourced video rendering."
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 Inc. 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
Contact: For more information email Searchlight Solutions
Email Contact or go to the website www.searchlightscientific.com.
(866) 230 4056
Searchlight Solutions (CE) (USOTC:SLLN)
Historical Stock Chart
From Jan 2025 to Feb 2025
Searchlight Solutions (CE) (USOTC:SLLN)
Historical Stock Chart
From Feb 2024 to Feb 2025