Searchlight to Add Government IT Departments to List of Target Industries for Its HPC Cloud Services; It Is Estimated That the $20B of the Federal IT Budget Will Be Spent on Cloud Services in 2012

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Searchlight to Add Government IT Departments to List of Target Industries for Its HPC Cloud Services; It Is Estimated That the $20B of the Federal IT Budget Will Be Spent on Cloud Services in 2012

ATLANTA, GA — (Marketwire) — 07/13/11 — Searchlight Solutions Ltd. (PINKSHEETS: SLLN) today discusses it opportunity to market its services to Government IT departments. The Company feels that the opportunity is significant as the below links and statistics show:Vivek Kundra, the U.S. Chief Technology Officer, estimates $20B of the total $80B US Federal Budget on IT will be for Cloud-based spending in 2012.Department of Homeland Security (DHS), U.S. Treasury and Department of Defense are the

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