|By PR Newswire||
|January 29, 2014 07:00 AM EST||
SUNNYVALE, Calif., Jan. 29, 2014 /PRNewswire/ -- LeoNovus™ Inc., (TSX: LTV.v) a leading Internet and distributed cloud provider with its SMART Media® Platform and geo-dispersed distributed Cloud, today announced that Fluential (www.fluential.com) is a new customer for wide-area data management services using the LeoNovus distributed cloud for compute and storage. The LeoNovus efficient "Dark Core" processing technology allows for full and efficient utilization of idle processors within and across LeoNovus enabled hardware systems for purposes of delivering fast, secure, and cost-effective storage and compute capabilities to fit their needs.
Fluential, located in Silicon Valley, California, is a leader in advanced speech and linguistic interfaces, enabling people to communicate with devices simply by using their voice. This is accomplished via Fluential's proprietary and patented set of technologies that span speech recognition, natural dialog communication, artificial intelligence, natural language processing, machine learning, and probabilistic inference.
"LeoNovus is a good fit for delivering on demand geo-dispersed compute and storage with increased security and reliability for higher disaster recovery," said Farzad Ehsani, founder and CEO of Fluential. "We also believe having compute and storage in dense urban areas will deliver faster service to our mobile customers."
LeoNovus offers increased security and disaster recovery across geo-dispersed end-nodes with high-level redundancy and a fault tolerance at 70% device failure before experiencing any impact. This approach has a high-level of reliability, and unlike traditional data centers that can be completely knocked out by storms or other unpredictable disasters, this allows for immediate recovery due to redundancy across a broader geographical area.
"The rapidly growing demand for vast amounts of storage at data centers, whether for the enterprise or cloud services, needs a solution to lowering costs and ensuring data is secure," said Gordon Campbell, Chairman and CEO at LeoNovus. "Large data centers face the challenge of a year to three years to plan and fully deploy due to an extensive list of time-consuming requirements: acquire land, build a center, comply with government policy and regulations, secure adequate bandwidth, deploy computing power and storage, and do so with a footprint that reduces carbon emissions. The LeoNovus Dark Core processing technology provides the optimal solution by providing highly reliable cloud services—and it offers its customers full control over their Intellectual Property unlike many traditional data centers."
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 HDTVs and other 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 cloud services while reducing costs and increasing performance via distributed networks.
About Fluential (www.Fluential.com)
A leader in advanced speech and linguistic interfaces; Fluential has devoted more than 85 man-years of research to developing and improving interactive voice technologies for the military, healthcare and digital health industries. Recognizing that speech is the next essential function of mobile and consumer devices, Fluential focuses on optimizing the voice experience with multimodal interactions that both simplify and enhance consumers' lives. For more information, please visit http://www.fluential.com.
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 www.sedar.com.
All trademarks, registered trademarks and brands mentioned in this release are the property of their respective owners.
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