LeoNovus Achieves Certification from Micros for their Opera Property Management System

Allows for Services, Check Out, and Payment Authorization for Guest Portfolios at Leading Hotel Properties Worldwide

SUNNYVALE, Calif., June 12, 2014 /CNW/ - LeoNovus Inc., (TSX: LTV.v) a leading Internet and cloud provider with its geo-dispersed distributed Cloud, today announced it has been certified by MICROS, a leading property management systems (PMS) company, for integration into their hospitality system, OPERA. In the hospitality industry, the PMS is an enterprise software application and database that handles the day-to-day operations within a hotel and accommodates all the major hotel-guest functions, such as reservations, checking guests in and out, assigning rooms, managing room inventory, responding to needs of in-house guests, and managing accounting and guest billing, including payment authorization. For hotel guests, the addition of the LeoNovus technology means that in-room LeoNovus-enabled TVs with an easy-to-use graphical user interface (GUI) can support payment authentication for in-room charges, such as food, beverages, online shopping, video services, as well as guest check-out and third-party purchases of products and services. Hotels can also easily add services for new revenue streams and LeoNovus will gain royalty fees from the third-party vendors.

Through its distributed cloud services, LeoNovus currently manages an overlay network for hotels to operate their cloud-managed guest-facing services through an easy-to-use GUI. Adding the capability through the PMS for payment authorization via a guest-facing GUI allows for ongoing services to be added more easily for guest convenience and consumption. As an infrastructure platform, this LeoNovus technology also enables streamlined and accurate management of hotel services, costs, and revenues and allows the hotel to easily add third-party products and services through LeoNovus. These services can include apps, in-room shopping, video-on-demand, property promotions, easy-to-use guest access and review of portfolio charges, as well as convenient in-room check-out capability.

LeoNovus is already enabling new revenue streams from its distributed cloud services that benefit hotels via an easy and cost-effective way to add services for additional revenue streams, which also provide benefits to their guests, grows the average revenue per room, and increases the bottom line for the hotel.

LeoNovus gains new revenue resources through the execution of this infrastructure platform, which easily allows third-party vendors to plug products and services into the architecture without high overhead costs. Third-party vendors pass on a reasonable royalty fee to LeoNovus rather than building and managing a separate management hardware-and-software infrastructure.

Gordon Campbell, CEO of LeoNovus, stated, "The LeoNovus cloud-based technology provides the 'Gateway to the Future of Hospitality', enabling hotels with new capabilities for offering high-value guest services, adding new revenue streams, as well as managing their distributed cloud services. This business model can also be applied to hotels and hotel chains worldwide, as well as other local, national, or global companies."

Campbell added, "I believe offering a hotel an easy and cost efficient way to add new services is key to increasing guest satisfaction as well as optimizing profits. I know I would personally appreciate the opportunity to buy a golf shirt, schedule tee times, or make dinner reservations from the convenience of my room if I am staying at a hotel-and-golf-course resort."

LeoNovus is currently operating a geo-dispersed distributed data center with locations in multiple cities between Canada and the U.S. Adding hotels onto its network brings these distributed cloud services into large urban areas, which benefits the service by being close to where the data is located, offering a significant advantage for companies that require real-time analytics with faster delivery to mobile devices. This capability, as well as the ability to have built in data redundancy across geo-dispersed end points, delivers premium cloud services that are highly efficient and cost effective.

LeoNovus Technology at Hitec 2014, Los Angeles, June 23 - 26
Visit the LeoNovus booth, #1261, and learn more about its distributed computing technology that enables the Gateway to the Future of Hospitality. Also meet Gordon Campbell, CEO at LeoNovus and David Oliver, Sr. Vice President at 360 Vox, at their joint tutorial on June 25, 1:30, pm. To learn more about Hitec, the world's largest hospitality technology show, see http://www.hftp.org/HITEC.

About LeoNovus Inc. (www.LeoNovus.com)
LeoNovus is a publically traded company on the TSX Venture Exchange in Toronto 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 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 Dark Core™ 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 distributed cloud services with higher reliability and security than conventional data centres.

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 http://www.sedar.com.

All trademarks, registered trademarks and brands mentioned in this release are the property of their respective owners.

SOURCE: LeoNovus Inc.

T: [phone], F: [phone], [email protected], Gordon Campbell, Chief Executive Officer

http://www.leonovus.com