Business
Corporate Update and Leonovus Targets Microsoft's Office 365 Platform
Corporate Update and Leonovus Targets Microsoft's Office 365 Platform Canada NewsW...
About this update from Leonovus Inc.
[{"type":"text","content":"\n\n\n\nCorporate Update and Leonovus Targets Microsoft's Office 365 Platform\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nOTTAWA, June 21, 2017\n\n\n\nOTTAWA, June 21, 2017 /CNW/ - Leonovus Inc. (\"Leonovus\") (TSXV: LTV) the Chief Executive Officer and executive staff will provide shareholders and investors with a strategic update at today's Annual General Meeting. A conference call (1-877-850-3241) for the presentation part of the meeting will start at 11:20 EST. The call will not be interactive but the Executive team and Board will answer emailed questions in real-time. Questions can be sent to [email protected]. \n\n\"I would like to thank all our shareholders for their continued support of Leonovus. I am very pleased with our progress to date and I believe we are about to do even better. The new Office 365 market, as noted in my report, is a massive new market for Leonovus technology. We continue to receive messages from our customer prospects that we have a significantly differentiated software-defined storage solution for customers needing data security and compliance. I am pleased to provide the following update, which will be presented at the AGM on Wednesday, June 21, 2017.  Questions from shareholders are welcomed,\" said Michael Gaffney, Chairman and CEO, Leonovus Inc. \n\nRevenue – We previously announced the expectation of revenue to start by the end of Q2 2017.  As of this date, we are pleased to report that we are on track to achieve our revenue goals. We also have several product trial installations (a bank, a police force, and two systems integrators) that we hope to turn into paying customers in the near future. Each time we present the Leonovus solution set to customer prospects there appears to be strong validation that our product strategy is on the right path. We continue to be bullish on new sales. \n\nSales Partners – The past quarter saw a lot of activity regarding sales channel partner recruitment. We signed partner agreements with ZoneTi (Montreal, Quebec) and Snowy River Internatio...