Gartner, World's Leading Information Technology Research Company, Names LeoNovus as "Cool Vendor in Green IT" for 2015
May 26, 2015, 06:00 ET
IT Operations and Infrastructure Managers Add Business Value to Existing Technology Assets Via Energy Management and Procurement of Hardware, Software and Services
SUNNYVALE, Calif., May 26, 2015 /PRNewswire/ -- LeoNovus® Inc. ("LeoNovus") (TSXV: LTV) (OTCMKTS: LVNSF), a leading Internet developer with its geo-distributed Cloud Services, announced today its inclusion in the Gartner's April 22, 2015 global report, "Cool Vendors in Green IT, 2015," as one of five companies selected worldwide. Gartner, Inc. is the world's leading information technology research and advisory company headquartered in Stamford, Connecticut, USA, with 6,600 associates, including more than 1,500 research analysts and consultants, with clients in 85 countries.
LeoNovus is at the forefront of creating the infrastructure needed for next-generation distributed data centers that will enable highly efficient high-speed cloud and enterprise computing. With the LeoNovus breakthrough and proprietary cloud and infrastructure technology, a virtualized network – or cloud – can be created as a geo-distributed virtual data center by tapping securely into high performance compute and storage end points comprised of potentially unlimited number of remotely located, physical data sites including idle resources in PCs, TV set-top boxes and other Internet-connected devices. This approach drives efficiencies in reducing energy costs by connecting and utilizing idle IT resources, instead of building capital intensive data center buildings that require an immense amount of powering and cooling to manage computing resources in a single location. Additionally, a geo-distributed network is an edge network, which also reduces latency. This is a major trend in the sharing economy (see "Maverick* Research: Peer-to-Peer Sharing of Excess IT Resources Puts Money in the Bank"), and helps to reduce the environmental footprint.
"We are extremely pleased to receive this recognition from Gartner," said Gordon Campbell, CEO of LeoNovus. "Many companies that develop software applications appreciate the LeoNovus on-demand offering. Having the ability to tap into resources on an as-needed basis reduces capital costs and allows for greater control and collaboration of designs, products, and interaction with customers. The LeoNovus software platform provides a highly efficient and secure cloud model that delivers flexible data transmission and storage capacity to meet the needs of application and product companies without huge investment."
About LeoNovus Inc. (www.LeoNovus.com)
LeoNovus® is a publicly 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. This approach delivers an extremely flexible just-in-time service model to multiple markets including residential, hospitality and health care. Additionally, LeoNovus utilizes its proprietary processing technology 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
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 undue 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.
Logo - http://photos.prnewswire.com/prnh/20150525/218281LOGO
For further information: T: (408) 541-9400, F: (408) 541-9410, [email protected], Gordon Campbell, Chief Executive Officer, http://LeoNovus.com
Share this article