AgileSwitch Utilizes the LeoNovus Distributed Cloud for Data Security and Reliability

LeoNovus Geo-dispersed Distributed Cloud Provides Higher-Level Security, Privacy and Redundancy for AgileSwitch's Mission Critical IP and Customer Data

SUNNYVALE, Calif., Feb. 19, 2014 /CNW/ - 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 AgileSwitch (http://www.agileswitch.com) is a new customer for its wide-area data management services, using the LeoNovus geo-dispersed distributed cloud for storage.

AgileSwitch, located in Philadelphia, PA, designs, develops and markets high-performance IGBT drivers for industry standard power modules along with SmartPower Stacks™ to address the increasing demand of renewable high-efficiency energy applications. IGBT Power modules are used in a variety of power converters, including solar / PV inverters, wind turbine, motor drives, uninterruptable power supplies, industrial machines, hybrid electric vehicles and power distribution.

"LeoNovus is a good fit for delivering on demand geo-dispersed storage with increased security and reliability for disaster recovery of critical data," said Rob Weber, CEO of AgileSwitch. "We service a global market and have a need for higher reliability, security, and privacy for our IP and customer information. Having the ability to also create secure cloud sharing with specific users allows us to have efficient collaboration for ongoing product development and customer engagement that results in an increase in our productivity and faster time-to-market."

"We are extremely pleased that AgileSwitch selected us as their data-management partner," said Gordon Campbell, CEO of LeoNovus. "They are a company with superior technology that addresses the increasing demand of renewable, high-efficiency energy applications, an industry that is expanding at an exponential rate. We look forward to supporting their requirement for higher security and privacy as part of our distributed cloud."

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, the LeoNovus distributed cloud services allow for immediate recovery due to redundancy across a broader geographical area.

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.

About AgileSwitch LLC (AgileSwitch.com)
AgileSwitch designs, develops and markets high performance IGBT drivers for industry standard power modules along with SmartPower Stacks™. The Company is addressing the increasing demand of renewable high-efficiency energy applications. IGBT Power modules are used in a variety of power converters including solar / PV inverters, wind turbine, motor drives, uninterruptable power supplies, industrial machines, hybrid electric vehicles and power distribution.

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.

SOURCE: LeoNovus

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

http://www.leonovus.com