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Press release from Marketwire

LeoNovus Inc. Re-Files Its Interim Financial Statements for the Period Ended September 30, 2010

Wednesday, April 13, 2011

LeoNovus Inc. Re-Files Its Interim Financial Statements for the Period Ended September 30, 201017:27 EDT Wednesday, April 13, 2011PALO ALTO, CA--(Marketwire - April 13, 2011) - LeoNovus Inc. ("LeoNovus" or the "Company") (TSX-V: LTV) announced that it has today re-filed its interim financial statements for the three and nine month periods ended September 30, 2010 and September 30, 2009. The Company has re-filed these financial statements to more fully disclose that an auditor has not performed a review of the Company's interim financial statements. Other than the disclosure note on page 1 of the re-filed interim financial statements to this effect, there is no change to the interim financial statements as previously filed.About LeoNovus (www.LeoNovus.com)LeoNovus shares trade on the TSX Venture Exchange (under the symbol "LTV").LeoNovus is developing a high performance browser-based Internet platform with a managed system approach designed to provide HDTVs and other consumer electronic devices with access to all the features, content and functionality available on the Web without the malware, security and support issues of a PC. LeoNovus seeks to change the way high-value Internet content is organized, monetized, and delivered on HDTVs, providing a true consumer electronics experience to the largest monitor in the house.Further information about LeoNovus can be found in its filings with Canadian securities regulators, which filings are available at www.sedar.com.The TSX Venture Exchange has neither approved nor disapproved the contents of this press 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's growth, the state of the financial markets, regulatory risks and other factors. 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 undue 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.This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.All trademarks and brands mentioned in this release are the property of their respective owners.FOR FURTHER INFORMATION PLEASE CONTACT: F: (650) 856-8510T: (650) 856-8500media@LeoNovus.comORTSX Venture Exchange Symbol: LTVLeoNovus Inc.1800 Embarcadero Rd.Palo Alto, CA 94303 USAFax: (650) 856-8510 (FAX)Phone: (650) 856-8500 (US-PST)OREmail: media@LeoNovus.comwww.LeoNovus.com