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Linux Labs Increases Sales Team To Grow Revenue in its Core Business of Supercomputing as Market for High Performance Computing (HPC) Set To Grow To $36 Billion By 2015
Linux Labs Increases Sales Team To Grow Revenue in its Core Business of Supercomputing as Market for High Performance Computing (HPC) Set To Grow To $36 Billion By 2015.
About this update from Searchlight Solutions
[{"type":"text","content":" Normal 0 false false false EN-US X-NONE X-NONE ATLANTA, GA--(Marketwire – July 27, 2011) - Searchlight Solutions Ltd. (PINKSHEETS: SLLN) today announces its subsidiary Linux Labs International, Inc. has increase the size of its sales team to pursue growth in its core business of designing and building supercomputers or more specifically its Linux based cluster computers. This ramped up sales effort is planned to take advantage of the demand for high performance computing. HPC Advisory Council stated the total HPC market in 2010 was $25.6 billion reaching $36.0 billion in 2015, $10.4 billion growth 2011-2015. http://www.hpcadvisorycouncil.com/pdf/vendor_content/HPC_Market_Report_2011.pdfLinux Labs has demonstrated their expertise in complex HPC applications for the past 7 years by providing software design and support for ARUP (www.arup.com), Second Avenue Subway, FireLink LLC, among others. Linux Labs engineering team includes several experts in this field.Company Management stated: “We expect our sales plans will enable Linux to secure additional business sector clients of the caliber of an ARUP or in public sector such as universities or government agencies.“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.comLinux 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.comFORWARD-LOOKING STATEMENT DISCLAIMERForward-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 bywords such as \"expects,\" \"looks forward to,\"\"anticipates,\" \"intends,\" \"plans,\"\"believes,\" \"s...