OTTAWA, March 7, 2019 /CNW/ - Leonovus Inc.,
("Leonovus or the Company") (TSXV: LTV) (OTC: LVNSF) is shipping
the latest release of its secure storage solution. With such
innovative advancements as Smart Restore, Direct Download,
Persisted Client Meta-data and a unified, Comprehensive Dashboard,
this release clearly establishes the product's role as a
preeminent multi-cloud data controller.
These newest features of the multi-cloud data controller
accelerate the enterprise's journey to the cloud; improving
efficiencies, reducing costs and eliminating complexities
encountered in navigating the increasingly complex cloud
landscape. Re-asserting the enterprise's control over its
data while maintaining the flexibility and longevity absolutely
required by governance and regulation, Leonovus eliminates
cloud-vendor lock-in and enhances cross-cloud migration.
This release of our multi-cloud data controller is also a
foundational component of Leonovus' strategy to 'Uberize' global
cloud services for the enterprise and paves the way for the
realization of the Galaxa Marketplace.
Smart Restore allows customers to prioritize the storage
providers from which fragments will be retrieved when restoring
data. This preferential reconstitution allows the enterprise
to tune their policies according to their own priorities for
example cost reduction or enhanced performance.
Direct Download eases integration transparency, eliminating the
need for clients to be AWS S3 lifecycle management aware. It also
accelerates content restoration to near-line speeds.
Persisted Client Meta-data offers a cloud-neutral mechanism
across multiple clouds to associate and persist client generated
meta-data with the content it describes. With this capability
Leonovus enables the secure application of complex,
multi-dimensional data classification. This results in
support for broader and stronger integrations with data management,
data classification and data analytics apps, by providing secure
storage of content with corresponding analytics tags.
The new Comprehensive Dashboard simplifies operations for IT
administrators in a multi-cloud environment. This single pane
of glass interface clarifies and eases the management of
on-premises, hybrid, and multi-cloud storage, offering
orchestration and cross-cloud policy management. It extends
security and governance controls across the entire infrastructure
while increasing flexibility and reducing complexity - constraining
loss and liability due to human factors when managing data over the
long term. Such cross-cloud controls offer multi-faceted data
protection including elevated data durability, availability,
confidentiality and integrity via configurable erasure coding and
distribution, customer-controlled encryption key management and
WORM (write once read many) locking, among others. Identity
and access management are also addressed independent of the
multi-cloud footprint, through the enhanced dashboard.
"Going all-in with a single service provider could be an easy
choice at the beginning but a huge risk in the long term", says
thought leading industry analyst Enrico
Signoretti, "Leonovus has a compelling solution that
associates a multi-cloud data controller with a strong set of
security features."
In today's dynamic and ever-evolving cloud landscape, it is
becoming increasingly difficult to predict, assess and control
costs associated not only with the storage of data but accessing it
as well. "Whereas, initially, cloud storage appears to be
very compelling from the perspective of lower cost and increased
agility, many organizations neglect the impacts of cloud
complexities and the costs of data egress fees associated with
accessing the data," said Michael
Gaffney, Chairman and CEO. "Our multi-cloud data
controller with Smart Restore allows customers to keep costs in
check by prioritizing retrieval of data from storage providers with
lower or no data egress fees, while still benefitting from the
lower storage cost and stronger availability, security and
durability offered by a multi-cloud storage approach. With Smart
Restore, we believe the Leonovus solution is even more uniquely
positioned to enable customers to navigate the complexities of
cloud storage costs."
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.
