OTTAWA, March 6, 2019 /CNW/ - 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.
About Leonovus
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.
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.
