OTTAWA, Nov. 3, 2017 /CNW/ - Leonovus Inc.
("Leonovus") (TSXV: LTV) announces that it has signed another
proof of concept agreement. Leonovus will install its unique
blockchain-hardened software ('Leonovus 3.0') and provide
consulting services for a global health data services Company.
This project will help the end user IT team deliver an improved
user experience to the 20,000 Citrix users. The challenge is that
data may reside in different geographical business zones. As such a
business user who lives in the North American Zone may have to log
in and pull a file back from the European Zone. Due to
inter-continental latencies, pulling in data from another
geographic zone provides the end user with a poor experience,
causing frustration from the employee and potential delays in
delivering reports to clients.
Using Leonovus 3.0, there is the inherent flexibility of data
movement, decoupling of data from the infrastructure and the
potential to federate encrypted shreds of an object file into
separate zones. This is a unique opportunity to seamlessly improve
end-user experience, data security, data compliance and data
sovereignty across all geographic regions.
"Around the world healthcare stakeholders are working to improve
real-world patient outcomes through treatment innovations, care
provision and access to healthcare. For information, technology and
service solutions they need to drive new insights and approaches.
With our Leonovus 3.0 data security and compliance software, we
will help improve clinical, scientific and commercial results. Our
goal is to help our customer realize the full potential of their
healthcare innovations along with significant ROI," said
Michael Gaffney, Chair, and CEO.
About Leonovus
Leonovus is a software solutions
provider that offers the leading blockchain hardened
software-defined object storage solution (SDOSS) and governance,
risk management and compliance ('GRC') solution for the modern
enterprise. Designed with the IT manager in mind, Leonovus'
patented algorithms virtualize, transform, slice and disperse data
across a network of on-premises, hybrid or multi-cloud storage
nodes – allowing for the most secure yet internally accessible form
of object-based data storage that provides governance,
risk-management, and compliance across the entire
solution. The advanced geo-distributed architecture minimizes
latency, optimizes geo-availability, reduces remote backup costs
and meets data sovereignty requirements. With its software and
hardware agnostic design, Leonovus provides Petabyte
scalability and allows the enterprise to utilize its existing
idle storage resources, extend the useable lifespan of depreciated
resources and improve the enterprise's overall ROI. To learn
more, please visit www.leonovus.com.
This press release may contain forward-looking statements and
information, which may involve risks and uncertainties. The
results or events predicted in these statements may differ
materially from actual results or events. Factors that might cause
a difference include, but are not limited to, competitive
developments, risks associated with Leonovus' growth, the state of
the financial markets, regulatory risks and other
factors. There can be no assurance or guarantees that any
statements of forward-looking information contained in this release
will prove to be accurate. Actual results and future events
could differ materially from those anticipated in such
statements. These and all subsequent written and oral
statements containing forward-looking information are based on the
estimates and opinions of management on the dates they are made and
expressly qualified in their entirety by this notice. Unless
otherwise required by applicable securities laws, Leonovus
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Readers should not place undue
reliance on any statements of forward-looking information that
speak only as of the date of this release. Further
information on Leonovus' public filings, including its most recent
audited consolidated financial statements, are available at
www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE LeoNovus Inc.