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      Leonovus hires former Oracle sales executive


      News provided by

      LeoNovus Inc.

      Nov 13, 2017, 08:30 ET

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      OTTAWA, Nov. 13, 2017 /CNW/ - Leonovus Inc. ("Leonovus") (TSXV: LTV) is pleased to announce the hiring of Eric Lee, formerly the Oracle Global Account Director for hardware, software, cloud and applications sold internationally through the massive Tech Data network.

      Mr. Lee starts with Leonovus on November 13, 2017, as Vice President of Business Development for the USA. He has thirty years of sales and sales management experience with companies such as Oracle, StorageTek, Sun, CISCO, Memorex and Southwestern Bell. He completed his BSc Industrial Engineering at Northwestern University, an MBA from Southern Illinois University and lives in Boca Raton, Florida. 

      "We are very fortunate to add Eric to the team. The timing is perfect with the closing of our financing and our need for customer acquisition outside of Canada. His extensive experience and contacts, specifically in the cloud software and storage technology markets, will accelerate our growth in the USA and other locations around the world. Eric's first tasks will be to identify early adopter customers, hire and build a team of four to six sales Directors across the USA, and recruit potential channel partners," said Michael Gaffney, Chairman, and CEO.

      I am excited to join a company with such incredible software technology, and I look forward to presenting the Leonovus blockchain-hardened software-defined storage solution to many customers and channel partners", said Eric Lee, Vice President Business Development.  

      About Leonovus
      Leonovus is a software solutions provider that offers the leading blockchain-hardened software-defined object storage solution (SDOSS) and governance, risk management and compliance ('GRC') solution for the modern enterprise. Designed with the IT manager in mind, Leonovus' patented algorithms virtualize, transform, slice and disperse 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 that provides governance, risk-management, and compliance 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.

      Investor Relations: George Aizpurua, Tel: 647-500-2389/416-742-5600

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      Leonovus Inc.

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