LeoNovus and 360 VOX Hospitality Services Inc. Announce New Agreement for the Hospitality Market

Aggressive Scale of Hotel Properties to Achieve Geo-Distribution Infrastructure for Enterprise Data while Delivering New In-Room Guest Services

SUNNYVALE, Calif., March 26, 2015 /PRNewswire/ -- LeoNovus® Inc. ("LeoNovus") (TSXV: LTV), a leading Internet developer with its SMART Media Platform and distributed Cloud Services, and 360 VOX Hospitality Services Inc. ("360 VOX HSI"), a global real estate company with hospitality services, asset management, real estate development, and marketing and sales businesses, announced today a new agreement to deliver LeoNovus products and services to the multi-billion dollar global hospitality market.

The LeoNovus hospitality product delivers a full suite of in-room infotainment that provides just-in-time interactive services, such as in-room dining, promotional advertising and real-time guest services information, eliminating the need for costly printing or updating of large binders, as well as on-screen check out.  The newly designed easy-to-use interface, with a full browser, also allows for access to email and Facebook, or sourcing local hometown news and entertainment in the language of choice.  Additionally, the product leverages LeoNovus' proprietary distributed processing technologies to optimize an internal network for the purposes of adding new revenue streams from cloud data services.

"LeoNovus' unique technology allows us to take what is currently considered a cost center and move it into a profit center, increasing the overall asset value of the hotel," said Robin Conners, President and CEO of 360 VOX HSI.  "Partnering with LeoNovus for their cloud-based technology allows us to scale advanced capabilities worldwide, lower costs, and enhance the hotel experience for hotel guests with the latest in technology services "

"Partnering with an international industry leader in the hospitality market sector is a synergistic gain for both companies. LeoNovus is able to marry its ground-breaking technology with 360 VOX HSI market expertise to offer the most advanced data management and guest-services products," said Gordon Campbell, CEO of LeoNovus. "360 VOX HSI is extremely experienced worldwide and is an ideal partner to ramp-up adoption of multiple services into this large marketplace, including the ability to tap into the high-growth cloud-market opportunity with a premium offering."

The Companies are working together to install geo-disbursed properties in both Canada and the US and have one operational hotel with a total of 200 rooms.  Four additional properties have been identified as candidates in the first phase.  The Companies plan to include international properties as part of their second phase strategy.  360 VOX HSI will act as an agent in securing hotel partners and the required computing hardware and LeoNovus will integrate the hospitality interface and cloud-services technologies, while supporting sales and operations.   This results in a highly efficient and secure geo-distributed virtual data center with the lowest cost structure, including redundancy for high disaster recovery -- all with a substantially lower carbon footprint than traditional data centers that require significant power and cooling to operate thousands of hardware servers in a single location.

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 processing technology with a unique ability to "light up" idle dark 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 360 VOX Hospitality Services Inc. (www.360VOX.com)
360 VOX HSI. is a whollyowned subsidiary of Dundee 360 Real Estate Corporation and is engaged in the business of developing and managing international hotel, resort, residential and commercial real estate projects.

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.

 

SOURCE LeoNovus Inc.

For further information: LeoNovus, T. (408) 541-9400, F. (408) 548-9410, Media@LeoNovus.com, Gordon Campbell, Chief Executive Officer; 360 VOX HSI Corporation, T. (514) 987-6452, F. (514) 987-6456, Colin Yee, Chief Financial Officer, http://www.LeoNovus.com


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