SUNNYVALE, Calif., April 28, 2015 /CNW/ -- LeoNovus® Inc. ("LeoNovus") (TSXV: LTV), a leading Internet developer with its SMART Media Platform and Geo-distributed Cloud Services, is pleased to announce the promotion of Dan Willis to President effective May 1. 2015. Gordon Campbell has tendered his resignation as President and will continue on as Chairman and CEO. This allows the Company to expand its executive leadership team.
"Throughout his many years of experience in technology, Dan's team-player approach has allowed him to demonstrate innovative ways to meet the needs of the market and customers," explained Gordon Campbell, Chairman and CEO of LeoNovus. "Elevating him to President will strengthen the management team and the company as a whole."
During his career with LeoNovus as Chief Architect, Dan has been instrumental in designing the distributed cloud strategy. In addition, as a member of the Senior Team, Dan is deeply involved in developing the strategic and operational direction of the business to improve sales, products and company value.
"It's truly an honor to be promoted in an organization that has such an experienced and seasoned team," said Dan Willis. "Everyone here understands the critical nature of marketplace leadership through innovation. I look forward to the challenges and opportunities associated with this new role, and to what the future holds for us as an organization. We will continue to live our mission as a company focused on exceeding the expectations of our partners, customers and shareholders."
Dan Willis has over 30 years of distributed software and system solution design. He holds over 60 patents. Among other career highlights, Dan founded an in-game advertising company, called AdscapeMedia, which he later sold to Google in 2007. For Dan's complete bio, please link to LeoNovus Management
Dan does plan to continue to support his role as Chief Architect for the near future.
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 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.
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, [email protected], Gordon Campbell, Chief Executive Officer, http://www.LeoNovus.com