LinuxPR: Linux Network Secures $2 Million In Investment Funding

“Linux NetworX Inc., a recently-formed provider of large-scale
clustered computer solutions, announced today the addition of more
than $2 million in equity funding from private investor the
Canopy Group. To date, Linux NetworX and its parent company Alta
Technology have raised more than $5 million to help develop
additional cluster technology and services, acquire products, form
strategic partnerships and extend market penetration.”

“This latest funding addition is another step for Linux NetworX
as it works to position itself as the leader in large-scale
computer cluster solutions,” said Glen Lowry, president and CEO of
Linux NetworX. “Several of Canopy Group’s companies share
compatible and complementary technology to Linux NetworX. We
anticipate forming some strategic partnerships because of this new
relationship as well.”

“Linux NetworX (www.linuxnetworx.com) uses the
Linux operating system to create a reliable and cost-effective
alternative to the “super computer” for organizations demanding
high performance and extremely low failure rates. With the use of
cluster computer technology, a method of linking multiple computers
through high-speed networks to form a single system, Linux NetworX
provides solutions for companies with high-computing needs,
including Internet servers, research, industry, government and
other technological fields.”


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