SUNNYVALE, Calif., Jan. 29, 2014 /PRNewswire/ -- LeoNovus™ Inc.,
(TSX: LTV.v) a leading Internet and distributed cloud provider with
its SMART Media® Platform and geo-dispersed distributed Cloud,
today announced that Fluential (www.fluential.com) is a new
customer for wide-area data management services using the LeoNovus
distributed cloud for compute and storage. The LeoNovus efficient
"Dark Core" processing technology allows for full and efficient
utilization of idle processors within and across LeoNovus enabled
hardware systems for purposes of delivering fast, secure, and
cost-effective storage and compute capabilities to fit their
needs.
Fluential, located in Silicon Valley, California, is a leader in advanced speech and
linguistic interfaces, enabling people to communicate with devices
simply by using their voice. This is accomplished via Fluential's
proprietary and patented set of technologies that span speech
recognition, natural dialog communication, artificial intelligence,
natural language processing, machine learning, and probabilistic
inference.
"LeoNovus is a good fit for delivering on demand geo-dispersed
compute and storage with increased security and reliability for
higher disaster recovery," said Farzad
Ehsani, founder and CEO of Fluential. "We also
believe having compute and storage in dense urban areas will
deliver faster service to our mobile customers."
LeoNovus offers increased security and disaster recovery across
geo-dispersed end-nodes with high-level redundancy and a fault
tolerance at 70% device failure before experiencing any impact.
This approach has a high-level of reliability, and unlike
traditional data centers that can be completely knocked out by
storms or other unpredictable disasters, this allows for immediate
recovery due to redundancy across a broader geographical area.
"The rapidly growing demand for vast amounts of storage at data
centers, whether for the enterprise or cloud services, needs a
solution to lowering costs and ensuring data is secure," said
Gordon Campbell, Chairman and CEO at
LeoNovus. "Large data centers face the challenge of a year to three
years to plan and fully deploy due to an extensive list of
time-consuming requirements: acquire land, build a center, comply
with government policy and regulations, secure adequate bandwidth,
deploy computing power and storage, and do so with a footprint that
reduces carbon emissions. The LeoNovus Dark Core processing
technology provides the optimal solution by providing highly
reliable cloud services—and it offers its customers full control
over their Intellectual Property unlike many traditional data
centers."
About LeoNovus Inc.
(www.LeoNovus.com)
LeoNovus® is a
publically traded company on the TSX Venture Exchange in
Toronto with offices in
Sunnyvale, CA. and Ottawa, Ontario. The Company has
launched an innovative high performance browser-based SMART MEDIA
PLATFORM with a remotely managed cloud system that provides HDTVs
and other connected devices with unprecedented access to features,
content, and functionality over the web without the cost, overhead
and support of a PC. This approach delivers an extremely
flexible just-in-time service model to multiple markets including
residential, hospitality and health care. In parallel,
LeoNovus utilizes its proprietary Dark Core™ technology with a
unique ability to "light up" idle dark processors in hardware
systems for purposes of building Intelligent Networks. This
allows the Company to offer geo-dispersed cloud services while
reducing costs and increasing performance via distributed
networks.
About Fluential (www.Fluential.com)
A leader in
advanced speech and linguistic interfaces; Fluential has devoted
more than 85 man-years of research to developing and improving
interactive voice technologies for the military, healthcare and
digital health industries. Recognizing that speech is the next
essential function of mobile and consumer devices, Fluential
focuses on optimizing the voice experience with multimodal
interactions that both simplify and enhance consumers' lives.
For more information, please visit http://www.fluential.com.
LeoNovus shares have traded on the TSX Venture Exchange since
June 10, 2009. Further
information about LeoNovus can be found in its filings with
Canadian securities regulators, which filings are available at
http://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.
Certain information included in this press release is
forward-looking and 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. Forward-looking statements included or
incorporated by reference in this press release include statements
with respect to proposed terms of, and the intended use of proceeds
of, the Offering. There can be no assurance 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 are cautioned not to
place undo reliance on any statements of forward-looking
information that speak only as of the date of this release.
More detailed information about potential factors that
could affect LeoNovus' financial and business results is included
in public documents LeoNovus files from time to time with Canadian
securities regulatory authorities and which are available at
www.sedar.com.
All trademarks, registered trademarks and brands mentioned in
this release are the property of their respective owners.
SOURCE LeoNovus
