Izertis and Leonovus Announce European Go-to-Market Partnership

OTTAWA, Jan. 28, 2019 /CNW Telbec/ - Leonovus Inc., ("Leonovus or the Company") (TSXV: LTV) (OTC: LVNSF) and Izertis, based in Spain, a digital transformation consulting company, signed a reseller agreement with Leonovus for the European market.

'Leonovus helps our customers execute their cloud-first data storage strategy for cold and archived data by giving them the confidence that their data will be secure, durable, meets or exceed GDPR requirements. Leonovus software is scalable and flexible, supporting business growth by efficiently managing storage architecture and data storage costs," said Manuel Rodríguez Pasarín, COO of Technology Infrastructures and Systems, Izertis.

"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 Izertis to our distribution network for the European territory is an important step for our global expansion. Initial feedback from early European customer engagements is excellent. Our hyper-secure software defined object storage and blockchain technology is disruptive, which is causing new and interesting discussions between our joint customers. We are excited for what this partnership will bring to the European market," said Michael Gaffney, CEO and Chairman, Leonovus.

"Our SVP Business Development and technical staff travelled to Europe this week to kick off this relationship in person and meet potential customers. Based on initial feedback we are very bullish on the demand for Leonovus software in Europe," said Gaffney.

To learn more about Leonovus' unique offer, check out 'How Leonovus Works' stinger at www.leonovus.com

To learn more about Izertis' services, please go to Izertis Solutions and Services.

About Izertis

Izertis is a technological consulting company that facilitates digital transformation in organizations by modernizing the processes and business models of its clients to improve their profitability, competitiveness and adaptation to the digital economy. Based on the strategic consultancy and the following enablers, Izertis helps companies to transform their business models through: IoT, blockchain, artificial intelligence, additive manufacturing, mixed reality, data & intelligence.

To learn more, please visit https://www.izertis.com/en 

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.