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Press release from CNW Group

LeoNovus Announces Much-Anticipated Entry into the Dynamic Hospitality and Healthcare Markets

Thursday, May 02, 2013

LeoNovus Announces Much-Anticipated Entry into the Dynamic Hospitality and Healthcare Markets

06:06 EDT Thursday, May 02, 2013

The LeoNovus SMART MEDIA Software Platform delivers Connected and Private Cloud Services at the Edges to these High Growth Developed Markets

SUNNYVALE, Calif., May 2, 2013 /CNW/ - LeoNovus Inc. ("LeoNovus" or the "Company") (TSXV: LTV), a leading Internet technology developer with its multi-dimensional SMART Media Software Platform announces its entry into two large, multi-billion dollar global markets: Hospitality and Healthcare. The LeoNovus SMART Media "Software as a Platform" (SAAP) enables full browser-based Internet access to multiple connected devices enabling multi-source revenue streams from services and applications for entertainment, home management and now the hospitality and healthcare market segments. LeoNovus has also integrated its proprietary disruptive multi-core technology, which allows for full utilization of idle processors or "Dark Cores™" within and across hardware systems for purposes of delivering cloud services at the edges, which include compute cycles and storage. This technology delivers enhanced and efficient networking capabilities, which lowers costs while offering new revenue streams to MSOs and municipalities. LeoNovus can now offer this same functionality as private distributed cloud services to handle highly sensitive data and compute processing within an internal private network for the healthcare and hospitality market segments.

Hospitality
The browser-based software SMART Media platform delivers a full suite of in-room infotainment, which provides the opportunity to monetize lazy assets by offering just-in-time services and updates, in-room dining as well as promotional advertising without printing or updating large binders. The easy to use interface and full browser also allows for access to personalized and localized content whether it is communication based such as email or sourcing local hometown news and entertainment.

Leveraging LeoNovus' Dark Core technologies to optimize an internal network for purposes of integrating the back office into front-facing personalized automated services lowers cost while adding new revenue sources from cloud services even if the room is empty. The ability to add just-in-time services through the browser adds immediate value and personalization for a better return on investment, while creating value for brand loyalty.

"Hotels now have the ability to leverage the Dark Cores or idle processors sitting throughout the property to run smart analytics in real time for pricing/room inventory optimization," said Dan Willis, Chief Architect of LeoNovus. "This drives better utilization of the property and its services to increase profitability. The LeoNovus architecture is extremely flexible allowing for easy updates, new services, and cloud services across multiple properties within a branded chain."

Healthcare Services and Private Networks
Hospitals have a need for compute power and communications. With regards to hospital care there is a desire to have in-room entertainment for recovering patients including video on demand and access to news etc. Providing interactive and automated service requests such as meal ordering, amenities, purchases etc. are also highly desirable in order to reduce stress on the patient, keep them engaged without adding additional burdens to a limited staff. LeoNovus can enable a multiplicity of services including tele-care applications such as using WI-FI to connect to sensor-enabled patches applied to the patient that are able to read patients' "vitals signs" on the hour and transmit that information to a chosen location such as a hand held smartphone or tablet as well as a designated central workstation.

Hospital systems can greatly benefit from the LeoNovus Dark Core technology to optimize an efficient internal distributed data center that is private and secure to handle sensitive patient information. It can also contribute scalable compute resources for faster turn around on critical tests such as high density imaging tests, analyzing genome data as well as handle electronic storage of patient tests that are highly sensitive to privacy. These scalable compute resources can also handle billing, purchasing and other administration tasks including running additional analytic programs for medical studies, cost analysis, including public health diseases that may be in need of a critical turn around. This can streamline costs, improve care and add efficiencies all within a secure private network.

"LeoNovus is in a unique position to offer new technologies that allow established markets to monetize lazy assets including adding new high value services and programs easily through a connected network," said Gordon Campbell, CEO of LeoNovus. "Delivering private cloud services, lowers costs, drives efficiencies to enable better optimization of care and services including the analytics to enable smart decisions. This is critical in today's highly competitive market place."

LeoNovus is committed to developing high quality personalized products to deliver turnkey capabilities to multiple market segments. The LeoNovus SMART Media Platform provides a flexible multi-dimensional approach that can service multiple vertical markets via an easy-to-use graphical user interface (GUI) that can be customized to fit the market preference. The product includes an integrated, remotely managed system that keeps the LeoNovus enabled connected devices updated and free of viruses while delivering carefully targeted services and applications that are linked to preferences. In addition, LeoNovus is deploying its Dark Core technologies generating intelligent networks to improve performance and lower cost while generating new revenue streams by enabling cloud services at the edges.

About LeoNovus Inc. ( www.LeoNovus.com )
LeoNovus is a leading Internet technology developer of a high-performance, browser-based SMART MEDIA software platform with a managed system that provides connected 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 to end users.

LeoNovus adds its proprietary break-through dark core technologies enabling the ability to leverage idle processors for purposes of building Intelligent Networks and cloud services at the edges to reduce costs increase performance and deliver additional revenue streams via distributed networks.

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 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.

All trademarks, registered trademarks and brands mentioned in this release are the property of their respective owners.

SOURCE: LeoNovus Inc.

For further information:

T: (408) 541-9400, F: (408) 541-9410, IR@LeoNovus.com, Gordon Campbell, Chief Executive Officer

http://www.leonovus.com

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