LTV LeoNovus Inc

Leonovus Inc., (“Leonovus or the Company”) (TSXV: LTV) (OTC: LVNSF) the ‘Untether Your Data’ company, today announced that new Smart Filer software product is about to be installed and beta-tested in several customer and partner sites. Also, the Company plans to ‘officially launch’ Smart Filer at a significant industry event in the Las Vegas during the second week of October 2019.

“The product development team has solved some significant technical challenges since we announced our plans to build and introduce Smart Filer to the market earlier this year. Kudos to them for designing and embedding major differentiators into our technology. One of the first beta customers will test Smart Filer along with our Vault technology as they need both solutions to meet their corporate data storage governance standards. We expect several government departments to begin evaluating Smart Filer this fall. We are also pleased to report that we received confirmation from the federal government that our $500,000 product testing BCIP program was approved to move on to the next stage in Q1 2020, which involves a detailed statement of work that will require final government approval for procurement and purchase from Leonovus,” said Michael Gaffney, Leonovus Inc., Chair and CEO.

About Leonovus Smart Filer

Today’s IT organizations are constantly challenged with maintaining primary data storage infrastructure that are often near or over capacity.  Because this data grows so fast and from so many sources, much of it goes unmanaged, meaning it must be stored in overburdened primary storage with the greatest levels of protection and performance available and typically with the highest costs.   Leonovus Smart Filer applies analytics to this data, classifying it and transparently, offloading it. 

Smart Filer is an information lifecycle management (ILM) solution that analyzes existing file storage and extends its capacity automatically and transparently. According to customer-defined policies, infrequently accessed files are automatically removed from high-cost, high-performance primary storage, and placed in lower cost secondary or cloud storage, without any changes to how users and applications access them. When Leonovus Vault is deployed with Smart Filer, customers not only have lower data storage costs but enhanced data security and durability.

By 2025, IDC says worldwide data will grow 61% to 175 zettabytes, with as much of the data residing in the cloud as in data centers. As data continues to grow, Smart Filer’s information lifecycle management (ILM) capability will continue to analyze existing file storage and automatically and transparently move data into hybrid cloud storage architectures.

For more information or to download the free Data Discovery Tool go to;www. Leonovus.com or contact, John Greenshields. jgreenshields@leonovus.com