OTTAWA, Feb. 16, 2018 /CNW/ - Leonovus Inc.
("Leonovus") (TSXV: LTV) is pleased to announce
that Christopher Benk, CPA, CA, CBV has joined as VP Finance
and Chief Financial Officer on February 12,
2018.
Chris is a Chartered Professional Accountant, Chartered
Accountant, and Chartered Business Valuator with more than
seventeen years of corporate financial experience with both large
multinationals and early stage/development organizations, public
and private, in a variety of industries with companies such as
NAV CANADA, New Millennium Iron
Corp., Merck, CGI Group and PricewaterhouseCoopers LLP, as well as
twelve years of teaching experience at the undergraduate and
graduate levels with Concordia and McGill Universities and the
University of Ottawa.
"For the last several years I have invested in cryptocurrencies
and blockchain related companies such that I have an appreciation
for Leonovus and its product offering. What attracted me to
Leonovus was the fact that, unlike many other blockchain companies,
our applications truly take advantage of the blockchain technology
for real utility with ultra secure data storage split between
multiple cloud platforms plus compliance and significant ROI", said
Christopher Benk, VP Finance and
CFO.
"Chris is a welcome addition to the management team and will add
significant value to our financial planning and controls. Moreover,
his personal interest and knowledge of cryptocurrencies and
blockchain will help uș plan our future technologies. Over the past
several years Dan Hilton haș been
the acting CFO, on part time basis, through some difficult and
challenging times. Dan helped uș get to where we are today and the
Shareholders and the Board owe Dan tremendous gratitude for
stepping up when Leonovus needed him. Dan continues to be an active
member of our board of directors", said Michael Gaffney, Chairman 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.