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Enables Inter-cloud Control and Management Across Private and Public Cloud Services
SUNNYVALE, Calif., Nov. 4, 2014 /CNW/ -- LeoNovus® Inc. ("LeoNovus") (TSXV: LTV), a leading Internet and cloud provider with its geo-dispersed distributed cloud services, announced today it is rolling out a hybrid cloud service environment that combines a variety of deployment scenarios. LeoNovus now supports a hybrid cloud in which data workloads can move between a public cloud and an on-premise cloud environment to deliver the best of private on-site data management with control, while taking advantage of the scale of LeoNovus' geo-distributed services for redundancy and high-disaster recovery for business continuity. LeoNovus can now optimize a large-company's internal resources for a cost- effective on-premise private cloud that seamlessly scales to the LeoNovus geo-distributed public cloud, enabling flexibility, ease of use, and cost savings. Typically hybrid cloud offerings can have significant capital impact.
In general, public clouds provide convenience of deployment, and private clouds provide control over configuration, performance, and data. The two services, operating together in a hybrid cloud, provide the flexibility and on-demand scale-ability to run workloads wherever desired at any given moment. LeoNovus is now able to offer both these services via this hybrid-cloud approach, delivering control for on-premise private cloud data and workloads with a highly scalable, on-demand, geo-distributed cloud that is stable, secure and easy-to-administer. This fits well with large Fortune 500 companies that have the need for active control of data workloads, as well as compliance, scalability, redundancy, and greater disaster recovery for business continuity.
"In our hybrid cloud offering, we provide the flexibility to run workloads wherever desired at any given moment," stated Gordon Campbell, CEO of LeoNovus. "In financial terms, typically public clouds are expensive to operate for their users, and private clouds are skewed towards capital expenditures. LeoNovus is able to offer the control, security, and flexibility in a cost- effective way through an easy-to-administer approach."
LeoNovus is hosting an invitation-only cloud seminar for several Fortune 500 companies November 12 in St. Louis. The company will showcase its recently announced real-time retrieval capability and the ability to support private on-premise cloud services, along with on- demand, geo-distributed, cost-effective cloud services for greater flexibility. For more information about this event, contact sales@leonovus.com.
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.
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.
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. 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 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 disclaim 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 their most recent audited consolidated financial statements, are available at www.sedar.com.
SOURCE LeoNovus
