Leonovus delivers critical requirements for
law enforcement agencies
OTTAWA, March 23, 2018 /CNW/ - Leonovus Inc.
("Leonovus") (TSXV: LTV) announces that a proof of concept
("POC") customer has purchased Leonovus 3.0, deploying it in their
production environment. With its intrinsic security, Leonovus 3.0
reduces their onboarding time of external customers from months to
days, accelerating their time to revenue while enhancing their data
security and improving their storage efficiencies by optimizing
hybrid, multi-cloud storage architectures.
Leonovus is also pleased to announce four new proof of concept
pilots with customers in Canada
and the USA. Each of these trials are active, full customer
engagement, with four different law enforcement and public safety
customers.
"Converting our POC installations into production is a critical
validation step for the company. We continue to progress on
converting all our outstanding POCs into production deployments.
The law enforcement market is an enormous opportunity for Leonovus.
Data security with a chain of evidence capability is critical in
this market. Because of the massive data growth in all forms
of digital evidence such as car and body cams, this market is
perfect for the Leonovus blockchain hardened software-defined
object storage solution", 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
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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.