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Leonovus Inc. (LTV.V)

TSXV - TSXV Real Time Price. Currency in CAD
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1.0700-0.1100 (-9.32%)
At close: 3:59PM EST
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Previous Close1.1800
Open1.1800
Bid1.0700 x 0
Ask1.1000 x 0
Day's Range1.0400 - 1.1800
52 Week Range0.3000 - 1.9500
Volume10,215
Avg. Volume96,211
Market Cap15.786M
Beta (5Y Monthly)0.88
PE Ratio (TTM)N/A
EPS (TTM)-0.4190
Earnings DateNov. 17, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Leonovus Announces a New Product - XVault
    GlobeNewswire

    Leonovus Announces a New Product - XVault

    Ultra-secure, protocol-independent, remote data sharing applicationOTTAWA, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Leonovus Inc., ("Leonovus" the "Company") (TSXV: LTV) today announces the beta launch of a new product called XVault. The Company is looking for beta customers to aid in the testing and the new product introduction phase. "Over the past year, our market research identified an enterprise need for more secure and real-time ways to transfer and share data in both the public and private sectors. International trade negotiations, public safety, military communication, mergers and acquisitions, legal communications are only a few markets requiring a secure data sharing solution. Several organizations indicated they continue to put sensitive data on USB sticks, and trusted staff fly, drive or walk the data to its destination. The obvious risk of these delivery methods combined with the non-real-time access to the data is a significant problem. XVault is a key new innovation and feature integrated with our overall smart and secure data management solution," said Michael Gaffney, Chair and CEO. XVault is a highly Secure Remote File Sharing (SRFS) solution for real-time remote sensitive information sharing or transfer. The SRFS is multi-point with a powerful unique, protocol-independent data protection innovation. The system protects data by destroying it. At no time in transit, in-flight or at-rest, is the data in a readable format, regardless of the transport protocol. The UI is seamless and straightforward for users with a verifiable data flow and avoids any data exposure. XVault has four key features; Real-time, hyper-secure remote data sharing for classified and sensitive data; protocol-independent, not relying on SSL or TLS for security. A data-centric security solution that reduces cyber threat surfaces. Platform agnostic, point to point, point to multi-point and multi-point to multi-point secure data sharing.Simple configuration and operations that require minimal administrative and no user training. Competing in an increasingly AI insight-driven world, enterprises are becoming more aware of the importance of real-time data sharing with remote locations and with third-party sources. In a recent Accenture survey, thirty-six percent of executives indicated that the number of organizations they partnered with had doubled or more in the last two years and that 71 percent of executives anticipate the volume of data shared within these ecosystems to increase. The Harvard Business Review Analytics Services Survey found that 78 percent of companies highlighted the ability to easily access and combine data from various external sources as very important for a data-driven enterprise. However, only 23 percent said they were currently very effective in this area, and only 15 percent shared data with critical vendors and suppliers. To become a beta customer go to www.leonovus.com to arrange a meeting. About LeonovusLeonovus is a secure data management software company. The Leonovus suite of data management tools offer an organization what it needs for a complete end-to-end data-centric solution. This solution can stand on its own, or it can easily integrate with the organization's zero-trust strategy and architecture. It takes seamless advantage of the organization's existing storage infrastructure and network architecture, working on-premises, in the cloud, or both. It extends the data-centric controls across the entire architecture, including cloud resources. And it supplies these cybersecurity capabilities for the full lifespan of the data and beyond. The flexible and straightforward solution does not require changes in the method of data use. Applications, services, and users all interact with the data the same way they always have. The system ensures the right users get access to the correct data at the right time, but securely. In addition to working with existing systems, the Leonovus solution aids in the organization's digital transformation by enabling ultramodern data concepts necessary for the data-driven world. These capabilities are included in an automated solution requiring little operations effort and no new skills or expertise needed. The main elements of the Leonovus Smart Data Management suite are: Data Discovery Tool - classification and understanding of your existing data setsSmart Filer - transparent file-based data controls for cost, flexibility, and scalability.Vault - multi-cloud data management for data lifespan.Data View Gateways - controlled repository internal/external data sharingSmart Secure Data Lake - a multi-sourced context-rich repository for advanced analytics.Consolidata - multi-sourced data collation and aggregation for near real-time insights.XVault – protocol independent, ultra-secure remote data sharing solution; coming soon. Each is available independently or together as a comprehensive solution set. 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. For More Information, please contact:George PretliChief Financial Officergpretli@leonovus.com

  • GlobeNewswire

    The SolarWinds Hack and How Leonovus Helps Enterprises Protect Their Data From Similar Cyber-Attacks in the Future – A Whitepaper

    OTTAWA, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Leonovus Inc., (“Leonovus”) (TSXV: LTV) today published a whitepaper on how its secure and smart data management technology provides part of the solution to protect enterprises from cyber attacks like the SolarWinds hack. In December 2020, the USA, UK, and Canadian governments all warned the public of an active Advanced Persistent Threat, which became known as the SolarWinds Hack. As of December 2020, SolarWinds had 300,000 customers, including virtually all the Fortune 500 and many government agencies. According to public filings, the attack affected 18,000 customers directly. “Leonovus’ end-to-end data-centric security and smart data management solution for data lakes could have significantly reduced the damage caused by the SolarWinds Hack,” said Michael Gaffney, Chair & CEO, Leonovus Inc. Leonovus integrates with Zero Trust strategies and architectures. The system seamlessly extends data-centric controls across the organization’s existing storage and network infrastructures—on-premises, in the cloud, or both, with cybersecurity capabilities for the entire lifespan of the data and beyond. The Leonovus data-centric security design embedded within its smart data management solution has considerable added benefits to the organization. The effect on the end-user is transparent. Data and analytics leaders seamlessly use the hyper-secure system, keeping them agile and effective. Because the data-centric architecture supports the inclusion of deep context from the point of origin, IT operations and data science experts benefit from more metadata and valuable contextual information. Leonovus data lakes are smarter and more secure. Analytics become faster and richer, making for better insights driven from the data repository, whether based on the raw data or meaningfully transformed for analytics-driven through data warehouses. Leonovus also dramatically reduces the overall cost of data integration and storage because it can seamlessly optimize data storage—another benefit of a data-centric design. “The SolarWinds hack reminds us that the cyberthreat landscape is becoming even more pervasive and dangerous. However, companies still need to continue delivering business systems that support agile data processes and supply insights while securing underlying information,” said Gaffney. “Since 2019, three departments in the Canadian federal government have tested our Vault and Smart Filer technology. After a year of testing, we are now negotiating a multi-year contract with one department and accelerating the final testing in another. We expect to add more federal departments testing our secure smart data management solution in 2021, given current levels of interest and demo requests. In 2021 we have a real opportunity to generate revenues from more than one federal department. I am delighted that our three years of business development and testing efforts with the federal government is finally paying off. Moreover, these government customers become huge Leonovus reference customers both inside the government and for the private sector,” said Gaffney. About LeonovusLeonovus is a secure and smart data management software company. The Leonovus suite of data management tools offer an organization what it needs for a complete end-to-end data-centric solution. This solution can stand on its own, or it can integrate with the organization's zero-trust strategy and architecture. It takes seamless advantage of the organization's existing storage infrastructure and network architecture, working on-premises, in the cloud, or both. It extends the data-centric controls across the entire architecture, including cloud resources. And it supplies these cybersecurity capabilities for the full lifespan of the data and beyond. The flexible and straightforward solution does not require changes in the method of data use. Applications, services, and users all interact with the data the same way they always have. The system ensures the right users get access to the correct data, at the right time, but securely. In addition to working with existing systems, the Leonovus solution aids in the organization's digital transformation by enabling ultramodern data concepts necessary for the data-driven world. These capabilities are included in an automated solution requiring little operations effort and no new skills or expertise. 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. For More Information: Download whitepaper here.Contact us to arrange a meeting or send an email to sales@leonovus.comwww.leonovus.com

  • Leonovus Hyper-Secure Smart Data Management Provides Patented Data-Centric Protection for New Government Department
    GlobeNewswire

    Leonovus Hyper-Secure Smart Data Management Provides Patented Data-Centric Protection for New Government Department

    OTTAWA, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Leonovus Inc., ("Leonovus" the "Company") (TSXV: LTV) and the technology world is responding to the unprecedented state-sponsored cyberattacks (the SolarWinds hack) against the United States government and Microsoft. The SolarWinds hack reminds us that the cyberthreat landscape is becoming even more pervasive and dangerous. The variety of bad actors and the reasons behind their activities have grown. In parallel, the technologies they employ and their resources to bear in these cyber assaults have also become more extensive and impactful. Leonovus software is part of the solution to protect enterprises from these hacks. Leonovus is pleased to report that a third major department in the Canadian Federal Government installed the Company's hyper-secure smart data management solution in late December for testing and evaluation in Q1 2021. Because of the SolarWinds hack, the COVID-19 crises, and our funding from Innovation Canada (previously referred to as the BCIP program), there is an accelerated requirement to complete the testing by the middle of March 2021. Testing in the first two of the departments began in 2019/2020, and our hyper-secure smart data management solution has met or exceeded all requirements."Our data security philosophy has always assumed that all network, application, and physical security measures will fail. This assumption led our engineering team to build our patented data-centric security architecture. Our philosophy is that, like the SolarWinds hack, the bad guys will get in. Leonovus tries to make sure they get nothing. Enterprise cloud-based data lakes, or hybrids, need powerful integration and data management tools underpinned by a hyper-secure data-centric architecture," said Michael Gaffney, Chair and CEO.The Company wishes to correct our news release of January 4, 2021. Following the closing of our recently completed private placement, $1,579,690 was raised on the issuance of 5,137,203 units, not $1,578,457 on issuance of 5,133,193 units.About Leonovus Leonovus is a secure data management software company. The Leonovus suite of data management tools offer an organization what it needs for a complete end-to-end data-centric solution. This solution can stand on its own, or it can easily integrate with the organization's zero-trust strategy and architecture. It takes seamless advantage of the organization's existing storage infrastructure and network architecture, working on-premises, in the cloud, or both. It extends the data-centric controls across the entire architecture, including cloud resources. And it supplies these cybersecurity capabilities for the full lifespan of the data and beyond. The flexible and straightforward solution does not require changes in the method of data use. Applications, services, and users all interact with the data the same way they always have. The system ensures the right users get access to the correct data, at the right time, but securely.In addition to working with existing systems, the Leonovus solution aids in the organization's digital transformation by enabling ultramodern data concepts necessary for the data-driven world. These capabilities are included in an automated solution requiring little operations effort and no new skills or expertise needed.The main elements of the Leonovus Smart Data Management suite are:          Data Discovery Tool - classification and understanding of your existing data sets           Smart Filer - transparent file-based data controls for cost, flexibility, and scalability           Vault - multi-cloud data management for data lifespan           Data View Gateways - controlled repository internal/external data sharing           Smart Secure Data Lake - a multi-sourced context-rich repository for advanced analytics           Consolidata - multi-sourced data collation and aggregation for near real-time insightsEach is available independently or together as a comprehensive solution set.  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.For More Information, please contact: George Pretli Chief Financial Officer gpretli@leonovus.com