LTV LeoNovus

CIOs Reduce Data Storage Costs by up to 70% with Smart Filer Cold Data Management Solution

CIOs Reduce Data Storage Costs by up to 70% with Smart Filer Cold Data Management Solution

Try before you buy – 30 days free.

OTTAWA, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Leonovus Inc. (“Leonovus”) (TSXV: LTV) today announced its .

Reduce data storage costs by up to 70% without any change to end user behavior through automated classification and tiering of cold data to cloud or on-premises commodity storage.

Upon its creation, unstructured data always starts as hot, but it cools very rapidly and the probability of it being accessed drops dramatically. According to industry studies, 75 to 90 percent of unstructured data is cold. Many organizations manage and store cold data as if it were hot data on primary file servers, optimized for performance and scale, which is always the most expensive storage configuration. Cold data does not belong on primary storage systems. CIOs can dramatically reduce data storage costs with Smart Filer.

Smart Filer is installed and configured in minutes. It analyzes file shares, generating an inventory report that categorizes files based on last access date and type. The storage administrator then configures Smart Filer policy to migrate cold files to less expensive secondary file or object storage, on-premises or in cloud. The company now frees up its expensive primary storage resources for hot data. Cold files appear to still reside on the primary file server, even though they have been offloaded. Users access the cold files exactly as they did before, through the primary file server.

Uniquely, Smart Filer is primary storage vendor-agnostic and supports a broad selection of cloud and secondary storage infrastructure. Smart Filer ensures that users continue to have access to migrated files with no change to user or application behavior required.

“We are excited to offer a free to allow companies to characterize their data and begin optimizing storage infrastructure by managing cold data,” said Michael Gaffney, CEO. As a complement to the Smart Filer trial, Leonovus is also offering custom TCO analyses for companies that desire detailed assessments of the savings associated with managing cold data with Smart Filer.

About Leonovus

Leonovus is a software provider that offers cold data management solutions. Leonovus allows you to understand your data, optimize storage infrastructure and embrace cloud storage securely and cost-effectively, while giving you the flexibility to deal with the ever-evolving cloud storage landscape.

To learn more, please visit .

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 .

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

EN
18/12/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on LeoNovus

 PRESS RELEASE

Leonovus launches Torozo, an Ultra-Secure File Sharing, File Transfer ...

Leonovus launches Torozo, an Ultra-Secure File Sharing, File Transfer and Cloud Storage Solution Torozo is low cost, simple to use and ultra-secure OTTAWA, May 02, 2022 (GLOBE NEWSWIRE) -- Leonovus Inc. ("Leonovus") (TSXV: LTV) today launched its wholly-owned , a software as a service that meets the massive growing need for an all-in-one, simple-to-use, low-cost and hyper-secure file sharing, file transfer and cloud storage application. . The security of private personal information is paramount in today’s digital world. Individuals need Torozo, a hyper-secure, digital safety deposit ...

 PRESS RELEASE

Leonovus Announces Torozo

Leonovus Announces Torozo OTTAWA, Jan. 13, 2022 (GLOBE NEWSWIRE) -- , a hyper-secure, cloud-based file storage, sharing and transfer space will be launched next month by Leonovus Inc. (TSXV: LTV) with individuals, teams and organizations able to pre-register now and save . Critical data is ultra-protected with Torozo’s FIPS 140-2 compliant cryptography and our patented encrypt, shred, and spread technology that encrypts and shreds your files and distributes them across a range of cloud storage providers with a dirt-simple user interface.  According to , the global file-sharing market is ...

 PRESS RELEASE

Leonovus Announces a New Product - XVault

Leonovus Announces a New Product - XVault Ultra-secure, protocol-independent, remote data sharing application OTTAWA, 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 sa...

 PRESS RELEASE

The SolarWinds Hack and How Leonovus Helps Enterprises Protect Their D...

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 on how its secure and smart data management technology provides part of the solution to protect enterprises from cyber attacks like the . 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, includ...

 PRESS RELEASE

Leonovus Announces National COVID-19 Data Lake and Analytics Solution

Leonovus Announces National COVID-19 Data Lake and Analytics Solution OTTAWA, June 03, 2020 (GLOBE NEWSWIRE) -- Leonovus Inc. ("Leonovus" or the "Company") (TSXV: LTV) proposes a countrywide real-time solution ("Consolidata"), which automatically captures and consolidates COVID-19 data from any data source into one data lake with an analytics engine. Public health, researchers, security and defence managers/experts need a national solution for consolidated and actionable information regarding COVID-19 hospitalizations, hotspots, testing, critical care, contact tracing/containment, researc...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch