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OTTAWA, June 4, 2019 /CNW/ - Leonovus Inc., ("Leonovus, the Company") (TSXV: LTV) (OTC: LVNSF) today announced the appointment of George Pretli as Chief Financial Officer and Corporate Secretary. Mr. Pretli takes over from Chris Benk and will work on a part-time basis. Mr. Pretli recently retired as full-time Chief Financial Officer of Intouch Insight Inc.
"Given the early stage of the company, and the fact that we have a solid outsourced accounting service, we believe the CFO workload did not require a full-time employee. We thank Chris Benk for helping us build the company over the past year and his efforts to support the Galaxa project's financing. George has extensive CFO and Corporate Secretary experience with a TSXV listed company. He will be an excellent addition to the executive team," said Michael Gaffney, Chair and CEO Leonovus Inc.
Leonovus is a cloud solution software provider that offers the leading blockchain hardened hyper-secure software-defined object storage solution. Designed with the IT manager in mind, Leonovus' patented algorithms encrypt, shred and spread 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 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.
SOURCE Leonovus Inc.