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Leonovus executive to present at CIO Digital Transformation Summit

OTTAWA, April 18, 2018 – Leonovus Inc. (“Leonovus”) (TSXV: LTV) The Leonovus Executive Team after a very successful first summit in Miami will be attending their second summit in Ottawa, Ontario from April 22nd to 24th. The Ottawa CIO Digital Transformation Summit will bring together CIO’s and CISO’s of industry leading enterprises and offers Leonovus a tremendous opportunity to articulate the Company’s latest IT solutions that ensure flexible, simple and secure solutions for on-premise, hybrid, and multi-cloud data storage.

During the summit, the Leonovus team will engage, inform, and advise the attending CIOs and CISOs with a simple message. Due to the unique blockchain hardened distributed storage technology offered by Leonovus, their enterprises will no longer have to compromise between ROI, security, and compliance when it comes to managing their sensitive data. They will also avoid the typical installation complexity and vendor lock-in, all inside a simple and flexible data storage solution.

Leonovus VP Strategy and Solutions, Peter Hundal will lead a Thought Leadership discussion on Data Integrity: A Paradigm Shift

Leonovus will show how we uniquely, digitally shred customer data into thousands of fragments so hackers get nothing and with the blockchain hardened toolset from Leonovus, they are able to reconstitute their data with integrity 100% intact when they want to use it.

Takeaways include:

  1. The impact data integrity has on the enterprise brand.
  2. How data integrity provides you a stable platform from which to pivot from.
  3. The key components to ensuring data integrity across your organization.
  4. How Leonovus ensures data integrity while delivering security across a multi-cloud storage platform.

Attendees interested in data integrity are welcomed to join the discussion.   Further information can be found here.

“Whether you are just starting or well on your way to a data-driven strategy, enterprises have to push aside the antiquated tools used for protecting data. Changing your approach to data integrity is the only way of ensuring your organization has the most flexible and simple approach to implementing a “zero-trust” data architecture. “, said Peter Hundal.

Leonovus announces partnership with IT security experts SynerSolutions

OTTAWAApril 12, 2018  – Leonovus Inc. (“Leonovus, the Company”) (TSXV: LTV) announces SynerSolutions Technologies Inc. (“SynerSolutions”) of Ottawa, Ontario as a new value-added reseller partner. SynerSolutions specializes in information security, storage technology, and emerging technologies consulting services. Their prime focus is to assist public and private organizations to create security ecosystems to manage the known and unknown threats in their IT environment and business assets. SynerSolutions will sell and support Leonovus 3.0 enterprise blockchain-hardened software-defined storage products and services throughout North America.

“Synersolutions clients come to us to help them protect one of their most valuable assets – their information.  Adding the simplicity and flexibility of the Leonovus solution allows them to respond quickly to ever-changing business requirements for secure information. The Leonovus solution provides military-grade security for enterprise stored data with the flexibility to choose what to store, where to store whether on-prem, hybrid, cloud or multi-cloud, with a simple to use interface,” said Jerry Glowka, President of SynerSolutions.

“SynerSolutions years of experience selling security and data systems and in cyber defense is a tremendous addition to our ability to reach out and positively address customer business issue and data protection concerns with our unique and powerful data storage technology. We are very excited to add SynerSolutions as a new partner, and together we will empower enterprise IT to move and manage data without risking security or compliance,” said Michael Gaffney, Chair, and CEO of Leonovus.

“Our relationship with SynerSolution has rapidly evolved as we are already working on three significant government data security and storage projects with one already installed in the proof of concept phase,” said Gaffney.

About Leonovus

Leonovus is a cloud solution software provider that offers the leading block-chain enable 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 GRC 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) accept responsibility for the adequacy or accuracy of this release.

For further information: George Aizpurua, [email protected]

Cryptographic nugget. What hackers would see

Leonovus hires Electronic Warfare Associates to manage cryptographic certification

Leonovus plans for FIPS 140-2 compliance certification in Q4 2018

OTTAWAMarch 28, 2018 /CNW/ – Leonovus Inc. (“Leonovus”) (TSXV: LTV) announces that Electronic Warfare Associates Inc. (“EWA”) of Ottawa, Ontario and Herndon, Virginia, is under contract to advise and coordinate the Leonovus submission to the National Institute of Standards and Technology (NIST) in Washington, DC for the company to obtain FIPS 140-2 certification.  Leonovus would become one of the first companies in the world with embedded blockchain technology to receive FIPS 140-2 certification.

NIST created the FIPS 140-2 standard to coordinate the requirements and standards for cryptography modules. Protection of a cryptographic module within a security system is necessary to maintain the confidentiality and integrity of the information protected by the module. This standard specifies the security requirements that will be satisfied by such a module. The standard provides increasing, qualitative levels of security intended to cover a wide range of potential applications and environments. The security requirements cover areas related to the secure design and implementation of the cryptography. These areas include cryptographic module specification; cryptographic module ports and interfaces; roles, services, and authentication; key management; operational environment; finite state model; self-tests; design assurance; and mitigation of other attacks.

The FIPS 140-2 certification will enable Leonovus to sell its blockchain hardened software-defined storage solution into Canadian, U.S. governments and other regulated industries (such as financial and health-care institutions) that collect, store, transfer, share and disseminate sensitive but unclassified (SBU) information.

“Over the past nine months, Leonovus has maintained an internal audit cadence to meet the FIPS 140-2 certification standards. We are pleased to report that the company believes that it has achieved the requirements, based on internal testing.  EWA will help manage the whole certification process for the company and is confident that our software will be certified later in the year.  Many government agencies in the USACanada and around the world, require the FIPS 140-2 certification. Moreover, because of the robust requirements to meet the standard, enterprise customers also benefit. Our early sales traction with police and security agencies is accelerated because of our design and development to this standard”, 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.

For further information: First Canadian Capital Corp., George Aizpurua, Tel: 647-500-2389/416-742-5600, [email protected]

 

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Leonovus customer and new trials

Leonovus announces customer sale and four new trials

Ottawa, Canada March 23, 2018 – 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 is 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.  When combined with the massive storage needs, with the growth of all digital evidence, example 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 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) accept responsibility for the adequacy or accuracy of this release.

For further information please contact:

First Canadian Capital Corp.

George Aizpurua
Tel:  647-500-2389/416-742-5600
[email protected]

Leonovus is Presenting at the CISO Summit US East | March 25 – 28, 2018 | Miami, FL, USA

OTTAWA, Canada (March 20, 2018) – Leonovus Inc. (“Leonovus”) (TSXV: LTV) The Leonovus Executive Team is heading to Miami from March 25th to 28th to meet with CIO’s and CISO’s of leading industries to present the Company’s latest IT strategies to ensure security and compliance for on premise, hybrid and multi-cloud data storage solutions.

Throughout the week, the Leonovus team will engage, inform, and advise CIOs and CISOs. Because of our unique blockchain hardened distributed storage technology, they don’t have to compromise between ROI, security and compliance when it comes to managing their sensitive data and with Leonovus they also avoid the typical installation complexity and vendor lock-in.

Peter Hundal, VP Strategy and Solutions for Leonovus, will lead the panel discussion on Security. Compliance. ROI. Why should you have to choose?

“As a former financial sector chief technologist, overseeing IT infrastructure vision and execution, I understand and appreciate the situation that many CIO’s and CISO’s are in today. The evolution of cloud applications and the massive growth of data storage requirements puts the spotlight on data security, compliance and ROI. I look forward to discussions in Miami about the benefits of our unique blockchain hardened software designed storage solution”, said Peter Hundal.

“Our CIO Cloud Summit has always been one of the most successful summits that we’ve run since the beginning. Since ensuring security of the enterprise’s data, especially their customers data, continues to be a top priority for their security executives, we understand the need and are very excited to provide a solution where thought and industry leaders alike can gather to discuss, share and ask each other questions”, added Glenn Willis, CEO CDM Media

If you are attending the event and would like to meet our executive team while they are in Miami, please contact us at [email protected]

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 leonovus.com.

 

For further information: George Aizpurua, 647.500.2389, 416.742.5600, [email protected],

 

 

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iCONECT partners with Leonovus to add “Blockchain-hardened” encryption option to stored files

San Francisco and Ottawa – Feb 20, 2018  iCONECT CA Inc. of London, ON, the makers of the iCONECT-XERA document and video review platform already used to manage highly confidential information in some of the world’s highest-profile legal cases and LEONOVUS (TSXV:LTV) an Ottawa, Canada based software-defined storage and encryption technology company have executed an LOI committing the firms to create a combined product offering. This offering assists corporations to meet regulatory requirements and increase security of sensitive documents and those used for legal cases as a component of their document management and eDiscovery workflow.

The Leonovus technology digitally scrambles and shreds electronic files, thus presenting an illegible pile of digital nuggets to anyone who gains unauthorized access to the files directly. For the review of the stored files, iCONECT has worked with Leonovus technical staff to integrate a method of reconstituting the digital nuggets and presenting documents, videos, and audio to files to eDiscovery users as if the file was always sitting in its native format. Features such as searching, sorting, organizing, relationship analysis, graphing and producing files are seamless to end users.

Corporations worldwide can use Leonovus’ patented military-grade encryption methodology, in combination with their iCONECT-XERA document and video review platform. Leonovus uses FIPS 140-2 level encryption (Federal Information Processing Standard), regarded as the benchmark for US and CDN military information encryption logs and the secure data nugget meta-data is Blockchain hardened.  The resulting enterprise data storage leads to improved governance, ROI, ultra-security and reduced errors. The digital nuggets can also be distributed across multiple data storage services or devices, leading to an opportunity for significant savings when redistributing to lower cost storage.

“When we first saw the Leonovus technology, we were blown away with the potential to create a paradigm shift in eDiscovery file storage and security,” said Ian Campbell, CEO of iCONECT.

“Although this extra layer of security comes at a cost, it’s additional insurance against unauthorized access and manipulation of data. ‘It’s not a question of IF we’ll get hacked, it’s simply a matter of when,’ added a Senior Product Manager for a leading eDiscovery firm. The ability to create this level of security without disrupting our users’ workflow is key,” said Campbell.

The integration with Leonovus technology will be available in Q2 as an add-on module for iCONECT-XERA systems, both of which can be deployed behind a firm’s own firewall or in a secure cloud.

“The integration with iCONECT is a very exciting step as it was named as one of the 50 Most Valuable Brands of the year 2017 by Silicon Review. Their deep product knowledge and market penetration, regarding the protection and management of legal documents and their associated workflows, gives Leonovus a unique market insight for our product development team. Moreover, the real goal is to expand the sales of both companies with an unparalleled blockchain hardened data security and compliance solution for iCONECT customers,” said Michael Gaffney, Chairman, and CEO.

For more information

Ian Campbell
President & CEO
t. 519.645.1663 x901
c. 310.947.6164
f. 519.645.0781

Leonovus Investor Relations

George Aizpurua,
647.500.2389 / 416.742.5600

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) accept responsibility for the adequacy or accuracy of this release.

multi-cloud storage, software-defined object storage, BCIP Program

Leonovus announces $500,000 from the Government of Canada’s BCIP program

Leonovus is pleased to announce that after four months of technical and market evaluation by the Government of Canada (“GOC”), the Company was pre-qualified to receive up to a $500,000 CDN purchase order from the Build in Canada Program (“BCIP”) to install its industry-leading blockchain hardened storage technology in one or more government departments. Because of the BCIP rules, that help accelerate the purchasing process for new Canadian innovations by the GOC, there is the potential for three additional $500,000 purchase orders, paid from departmental budgets, for an aggregate revenue potential of $2M in 2018. The next step is to choose the sponsoring GOC department.

“Over the past year, at numerous meetings, we presented our technology to several different Canadian government departments. Each of these departments could immediately use our unique software-defined storage technology to reduce the cost and increase the security of their data storage along with full compliance. We anticipate that it will take a few months to select the sponsoring department(s), create a statement of work, and sign the final contract. The Government of Canada is about to become a large Leonovus reference customer, which is hugely important for our marketing communications to other large enterprises”, said Michael Gaffney, Chairman, and CEO.

“Having a major government department install our product, because of the BCIP, is tremendous news for the company. We are pleased to support our latest customer with our unique blockchain-hardened, petabyte-scale software-defined storage solution will help these government departments dramatically reduce their storage costs and ensure the protection of their data”, said Dan Willis, CTO.

Leonovus announces strategic partnership with ApexIT

Ottawa, Canada – December 11, 2017 /CNW/ – Leonovus Inc. (“Leonovus”) (TSXV: LTV) today announced it has signed a strategic partnership agreement with ApexIT of St. Louis, Missouri. ApexIT will sell and support Leonovus’ blockchain enhanced enterprise software-defined storage products and services product line across the USA.

Together, Leonovus and ApexIT will give enterprises access to an on-premises, hybrid or multi-cloud software-defined storage solution that puts control back in the hands of the IT department, and allows for enhanced data security and compliance monitoring for regulatory requirements while reducing storage and operating costs. Regulatory compliance examples: HIPAA, PCI, SOX, GDPR, C-198. 

“Leonovus and ApexIT share a common goal – empower enterprise IT to move and manage data either on-premises or in the cloud without risking security or compliance. With ApexIT’s decades of IT solutions and services experience, we can positively impact even more enterprise customers with the unique and compelling blockchain enhanced software-defined storage technology found in Leonovus 3.0”, said Michael Gaffney, Chairman, and CEO of Leonovus.

Leonovus 3.0 is a data protection and optimization platform that decouples and pulls the managed data into the Web Integrated Services Environment (WISE) — a secure plane overlaid on existing hybrid (on-premises/cloud) and multi-cloud infrastructure. All data is encrypted in-flight and at rest. Metadata, tagging and data classification enhanced with blockchain provide immutable, auditable records of where data comes from, who has interacted with it and where it’s saved. Distributed storage ensures no single file is ever stored whole on a single server: instead, it is “shredded” into discrete, encrypted objects and distributed across multiple storage devices, on-premises and in the cloud. With the Leonovus dashboard, organizations have visibility into and control over their data wherever it is stored.

“Large enterprises with petabytes of data to back up, store and archive face a Catch-22: keep data on premises to ensure compliance — incurring massive CAPEX and OPEX costs — or move it to the cloud and risk losing control. With the Internet of Things about to add even more data to the mix, the challenge is only going to intensify. By adding Leonovus to our offer we will be able to eliminate this dilemma by leveraging their unique combination of patented algorithms, distributed storage, and blockchain-enhanced data security”, said Geoff Baltz, President of ApexIT.  “We can now work with our customers to execute a compelling data storage strategy across an entire tapestry of on-premises, cloud, and multi-cloud architecture to optimize their costs and with faultless compliance and fail-safe security.” 

About Leonovus – Leonovus is a cloud solutions software provider that offers the leading 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, 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 GRC 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. 

About ApexIT – Founded in 2001, ApexIT provides high quality IT solutions and consulting services to organizations of all sizes throughout the United States. ApexIT values strong relationships with top-rated channel partners and cultivates lasting relationships with clients. ApexIT is a privately held company and is headquartered in St. Louis, MO with offices in Austin, TX. www.apexit.ne 

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. 

For more information please contact. 

George Aizpurua, [email protected]

Leonovus initial coin offering

Leonovus announces plans for an initial coin offering

Ottawa, Canada – December 21, 2017 /CNW/ – Leonovus Inc. (“Leonovus”) (TSXV: LTV) today announced its plans for an initial coin offering (“ICO”) in the summer of 2018 to support the launch of an advanced blockchain storage and compute solution with a marketplace for cloud applications.

Leonovus has invested over twenty million dollars in the development of distributed compute and distributed storage technology. With several granted patents, numerous patent claims and patents pending, the company’s unique software-defined storage (“SDS”) solution has strong intellectual property protection. The company is currently planning to hire specialized blockchain software development teams in both Ottawa and Toronto.

Unknown to many, Leonovus is not new to the blockchain world. Indeed, Leonovus was one of the first companies to marry Internet of Things (“IoT”) technology and blockchain. In August 2014, the company mined the cryptocurrency Litecoin from low-end distributed smart devices – digital light bulbs! In that same year, Leonovus demonstrated a production deployment of a managed, loosely-coupled, blockchain computation pool built from available idle compute resources in hotels. Our patented, Web Integrated Services Environment (“WISE”) Network, managed a compute pool that supported both public and private blockchain computation on thousands of low/no-cost computing cores across both the USA and Canada with only a few clicks of a mouse from a browser-based dashboard.

“Our vision is simple. Imagine a world where any device with connectivity, a processor, and some storage becomes part of a globally distributed computing platform – a global blockchain-based apps marketplace. Every consumer or business in the world could become a Leonovus blockchain farmer”, said Michael Gaffney, CEO, Leonovus Inc.

“Our research indicates that our core distributed storage and distributed compute technology is significantly ahead of other firms that have completed storage/compute ICO’s – some of these firms have raised hundreds of millions of dollars in their ICO. Moreover, our patented WISE network technology is unique. It is a patented foundation technology to build a global blockchain-based marketplace for developers wanting to design and deploy blockchain products and services – simply and rapidly. The potential for our blockchain-based apps marketplace is massive. The Leonovus ICO will provide the company with significant non-dilutive cash resources and is a powerful economic mechanism to incent storage and compute farmers as well as app developers”, said Gaffney.

“Our core business continues to be blockchain hardened ultra-secure distributed software-defined storage solutions for the enterprise. This ICO will add resources and a global pool of software verification, compute and storage farms that will make our core business even more attractive to enterprise customers”, said Gaffney.

The Leonovus blockchain storage and compute solution for enterprises, institutions and consumers will unlock a fantastic, never-before-realized amount of storage and computing power. The existing Leonovus product suite, with minimal augmentation, provides the foundation for an enterprise-class blockchain/distributed ledger technology (“DLT”). A Leonovus hybrid blockchain/DLT offers de-centralized storage and compute without the loss of centralized controls – no single point of failure.

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) accept responsibility for the adequacy or accuracy of this release.

For more information, please contact:

George Aizpurua, +1.647.500.2389, [email protected]

Leonovus works with healthcare

Leonovus signs global healthcare data services company

Ottawa, Canada – November 3, 2017 – 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.