OTTAWA, Jan. 31, 2019 /CNW/ - Leonovus Inc.,
("Leonovus or the Company") (TSXV: LTV) (OTC: LVNSF) and
Systematika Distribution, a division of Comparex Italia Srl.
("Systematika"), have signed a distribution agreement to support
the Company's global expansion strategy. Customer engagements begin
with a joint roadshow in Rome and
Milan the first week of
March 2019.
For over thirty years Systematika, based in Italy, has focused on "high technological
value" software distribution to its customers while also providing
training services, pre-sales support, laboratories, marketing
initiatives, incentives and consultancy to support their partners.
Systematika Distribution is part of the COMPAREX Group, a European
leader in the IT sales and services market. The COMPAREX group
employs over 2,350 people in approximately 80 locations in 34
countries in America, Europe,
Asia and Africa.
"Our end-users have rapidly growing petabyte-scale unstructured
data, originating from a variety of sources. They are very
concerned about data protection and security, with critical audit
and compliance requirements like GDPR needing to be
addressed. With Leonovus they will have the flexibility
to store their data in a hybrid or multi-cloud architecture, with a
cryptographically-verifiable audit trail of all access to the data
stored resulting in reduced storage costs while enabling near 100%
data durability," said Franco
Puricelli, Director - Sales Manager & Business
Development Systematika Distribution
"European cloud and colocation markets are booming. According to
Vertiv ,57% of enterprise companies plan to increase their use of
cloud and off-site data storage. Adding Systematika to our
distribution network continues our rapid expansion of regional and
more focused CSPs in Europe in
support of our global expansion. Last week we completed our
training with the Systematika team," said Michael Gaffney, CEO and Chairman, Leonovus.
To learn more about Leonovus' unique solutions, check out 'How
Leonovus Works' at www.leonovus.com
About Systematika
Systematika Distribution is one of the most important operating
companies in the distribution of solutions for the Professional
Information Technology market. Building on the experience gained
since 1983 as the Italian representative of the US group Lifeboat
Distribution, in 2001 it became one of the leading divisions of
COMPAREX, a German multinational based in Leipzig, present in the main European
markets.
To learn more, please visit www.systematika.it
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.
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.
