OTTAWA, March 6, 2019 — Leonovus Inc., (“Leonovus or the Company”) (TSXV: LTV) (OTC: LVNSF) founder of GALAXA, has received notice of issue of another patent with the United States Patent and Trademark Office (USPTO), bringing the running total to eight issued patents across North America and Europe with several more still in-process. The patent, granted as of February 19, 2019, re-defines cloud computing and storage across a widely distributed, loosely coupled set of infrastructure resources; essentially a virtual data center outside the data center; no longer tied to the necessity and restrictions of a closed and isolated network. This approach fundamentally changes the IT infrastructure landscape, enabling multi-year, multi-cloud strategies without cloud vendor lock-in.
The virtual data center patent uniquely positions Leonovus with an unmatched core technology which enables both the Leonovus Multi-Cloud Data Controller and the GALAXA marketplace. At the heart of the concept is making the best use of existing (and future) resources, aggregating their capabilities into a cohesive cloud offering compute and storage. This secure cloud transparently de-coupled from but utilizing the power of existing infrastructure, all driven by a single pane of glass reflects the data center of the future; near term and into the next century. This enables the enterprise to take a data-centric approach to protecting their data, dramatically simplifying their journey into the multi-cloud world.
As recently discussed with attendees at the RSA Conference 2019 in San Francisco, California, the World’s largest cybersecurity conference, “Leonovus creates efficiencies in resiliency, extends control, and provides protection, for the enterprise’s most valuable asset, their data. This simplified, efficient, data-centric protection model enables vendor-independent policy and control across multiple private and public clouds now and in the future,” said Dan Willis, CTO of Leonovus and patent author.
Leonovus is a cloud solutions 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. To learn more, please visit www.leonovus.com and www.galaxa.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.
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