SCIENCE

Searchlight Solutions has announced that it has completed the closing of the definitive agreement for the acquisition of the majority control of the common stock of Linux Labs International Inc. ("Linux").

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.

The transaction was finalized as a share exchange.

Company management stated: "The Closing is a momentous occasion for our Company. Linux will be the foundation for building our long term growth plans. We look forward to moving rapidly to integrate growth and bring value to our shareholders."