Leonovus announces strategic partnership with ApexIT

December 22nd, 2017

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]