Home » Computer & Software » Hardware » Linux Labs Announces Agreement With Certichron, Inc., the Provable Time Company, to Provide Hosting for OATS Time Verification Service
Ihren XING-Kontakten zeigen

Linux Labs Announces Agreement With Certichron, Inc., the Provable Time Company, to Provide Hosting for OATS Time Verification Service

ATLANTA, GA — (Marketwire) — 07/18/11 — Linux Labs International, Inc., a subsidiary of Searchlight Solutions Ltd. (PINKSHEETS: SLLN), announces it has signed an agreement with Certichron, Inc. the developer of Provable Time Services to provide hosting for their OATS Time Verification Service.

Linux Labs will host Certichron systems in their high security data center and assist with the future development of Certichron-s OATS Time Verification Services (“OTVS”).

The OTVS service is made available to the Securities Industry by placing instances of the NIST time service infrastructure around the edges of the trading framework and in doing so providing the evidence capture practice which existing time services fail to provide. More specifically, Certichron-s time services allow business to keep their business systems in sync to meet OATS 7430 market transparency requirements thus protecting their clients in the event of a dispute.

The OTVS service is unique in that it provides individual connection to the local independent Timing Authority which is wrapped around the US National Timebase provided by the National Institute of Science and Technology (“NIST”).

Certichron () is a specialty Network Service Partner who provides secure and regional access to time-as-evidence services. Certichron is the only place on the planet earth providing an evidence-grace connection model and court-admissible logging data for proving events in time. Certichron-s methods exceed industry standards and provide a full chain of custody for accessing the National Time Standard of the US Government in its various locations around the continental US.

About Us:
(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.

is a next generation data services company focusing on developing and growing cloud based solutions to solve tomorrow-s computing challenges.

. 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.

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.

For more information email
Searchlight Solutions

or go to the website

(866) 230 4056

You must be logged in to post a comment Login


Blogverzeichnis - Blog Verzeichnis bloggerei.de Blog Top Liste - by TopBlogs.de Bloggeramt.de blogoscoop