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SUNNYVALE, Calif., Dec. 18, 2014 /CNW/ -- LeoNovus Inc., (TSX: LTV) a leading Internet and cloud provider with its geo-dispersed distributed cloud services, today announced that AgileSwitch (http://www.agileswitch.com) is its first customer for Vault Direct™, the Company's new cloud service for real-time S3-compatible storage retrieval. Security is critical to most organizations and Vault Direct uniquely provides secure collaboration and sharing of all company data sets with specific groups of users, both internal and external to the organization. Users can use this service and share data across the web from any connected device, no matter the location. Coupled with the Leo Cloud File Server and native apps, users get unprecedented secure access and collaboration capabilities from a single solution.
AgileSwitch plans to collaborate and share IP with its global customer base, by means of a client icon on connected desktops and mobile devices. This greatly enhances day-to-day interactions between AgileSwitch and its customers, while seamlessly backing up data across the LeoNovus geo-distributed data center for disaster recovery.
AgileSwitch, located in Philadelphia, PA, designs, develops and markets high-performance IGBT drivers for industry standard power modules, along with SmartPower Stacks™, to address the increasing demand of renewable high-efficiency energy applications. IGBT power modules are used in a variety of power converters, including solar / PV inverters, wind turbine, motor drives, uninterruptable power supplies, industrial machines, hybrid electric vehicles and power distribution.
"LeoNovus is a good fit for delivering on-demand geo-dispersed storage with increased security and reliability for disaster recovery of mission-critical data," said Albert Charpentier, Chairman and CTO of AgileSwitch. "We service global markets that require higher reliability, security, and privacy not only for our IP, but customer information as well. Having the ability to also create secure cloud sharing with specific users allows us to efficiently collaborate in our on-going product development, enabling faster-time-to-market. And, efficient and immediate customer engagement increases our mutual productivity."
"AgileSwitch is at the forefront of using the latest cloud technology and services, which translates into applying best business practices for their customers and enterprise," said Gordon Campbell, CEO of LeoNovus. "As their industry expands at an exponential rate, this high level of security and privacy, as well as sovereignty, gives them a greater competitive edge in the marketplace."
Today, IT is dealing with legacy storage silos throughout organizations and is now trying to embrace the scalability of the cloud and Bring Your Own Device (BYOD). The LeoNovus Vault Direct storage service allows IT to unify all data storage into a single converged storage infrastructure. The service then layers in sharing, collaboration, synchronization, governance, BYOD, audit, security, encryption, back-up and migration capabilities to give organizations the ability to connect all cloud and private storage into a single view and access into all enterprise data. Coupled with the Leo Cloud File Server and native apps, users get unprecedented secure access and collaboration capabilities from a single solution.
IT now has centralized control over the organization's data assets and can put the appropriate security measures in place with disaster recovery back-up across the LeoNovus geo-distributed virtual data center. This allows organizations to finally benefit from the many storage decisions that have been made over the years, without having to move from one to another.
The Vault Direct service can be used seamlessly with LeoNovus' current geo-distributed cloud services that provide disaster recovery across geo-dispersed end-nodes with high-level redundancy and a fault tolerance at 70% device failure before experiencing any impact. This approach has high-level reliability, and unlike traditional data centers that can be completely knocked out by storms or other unpredictable disasters, the LeoNovus distributed cloud services allow for immediate recovery due to redundancy across a broader geographical area.
About LeoNovus Inc. (www.LeoNovus.com)
LeoNovus® is a publically traded company on the Toronto exchange with offices in Sunnyvale, CA. and Ottawa, Ontario. The Company has launched an innovative high performance browser-based SMART MEDIA PLATFORM with a remotely managed cloud system that provides HDTVs and other connected devices with unprecedented access to features, content, and functionality over the web without the cost, overhead and support of a PC. This approach delivers an extremely flexible just-in-time service model to multiple markets including residential, hospitality and health care. In parallel, LeoNovus utilizes its proprietary cloud technology with a unique ability to utilize idle processors in hardware systems for purposes of building Intelligent Networks. This allows the Company to offer geo-dispersed cloud services for new revenue streams while reducing costs and increasing performance via distributed networks.
About AgileSwitch LLC (AgileSwitch.com)
AgileSwitch designs, develops and markets high performance IGBT drivers for industry standard power modules along with SmartPower Stacks™. The Company is addressing the increasing demand of renewable high-efficiency energy applications. IGBT Power modules are used in a variety of power converters including solar / PV inverters, wind turbine, motor drives, uninterruptable power supplies, industrial machines, hybrid electric vehicles and power distribution.
LeoNovus shares have traded on the TSX Venture Exchange since June 10, 2009. Further information about LeoNovus can be found in its filings with Canadian securities regulators, which filings are available at http://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.
Certain information included in this press release is forward-looking and 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. Forward-looking statements included or incorporated by reference in this press release include statements with respect to proposed terms of, and the intended use of proceeds of, the Offering. There can be no assurance 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 are cautioned not to place undo reliance on any statements of forward-looking information that speak only as of the date of this release. More detailed information about potential factors that could affect LeoNovus' financial and business results is included in public documents LeoNovus files from time to time with Canadian securities regulatory authorities and which are available at www.sedar.com.
All trademarks, registered trademarks and brands mentioned in this release are the property of their respective owners.
SOURCE LeoNovus Inc.
