Linux Labs Announces Agreement With Certichron, Inc., the Provable Time Company, to Provide Hosting for OATS Time Verification S
July 18 2011 - 8:05AM
Marketwired
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 (http://www-wp.certichron.com/) 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: 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
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