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Leonovus (OTC:LVNSF) signs distribution deal with Italian company

Tony Zerucha

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Leonovus (TSXV:LTV) (OTC:LVNSF) and Systematika Distribution, a division of Comparex Italia, have signed a distribution agreement to support the Company’s global expansion strategy. Customer engagements begin with a joint roadshow in Rome and Milan the first week of March 2019.

For more than 30 years Systematika has focused on “high technological value” software distribution to its customers while also providing training services, pre-sales support, laboratories, marketing initiatives, incentives and consultancy. Systematika Distribution is part of the COMPAREX Group, a European provider of IT sales and services market. The COMPAREX group employs more than 2,350 people in approximately 80 locations in 34 countries in America, Europe, Asia and Africa.

“Our end-users have rapidly growing petabyte-scale unstructured data, originating from a variety of sources,” Systematika Distribution sales manager Franco Puricelli said. “They are very concerned about data protection and security, with critical audit and compliance requirements like GDPR needing to be addressed. With Leonovus they will have the flexibility to store their data in a hybrid or multi-cloud architecture, with a cryptographically-verifiable audit trail of all access to the data stored resulting in reduced storage costs while enabling near 100% data durability.” 

“European cloud and colocation markets are booming,” Leonovus CEO and chairman Michael Gaffney said. “According to Vertiv ,57% of enterprise companies plan to increase their use of cloud and off-site data storage. Adding Systematika to our distribution network continues our rapid expansion of regional and more focused CSPs in Europe in support of our global expansion. Last week we completed our training with the Systematika team.”

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Tony Zerucha

Tony Zerucha is an alternative finance journalist with more than seven years experience in the space. The author of more than 1,000 articles, Tony was named LendIt's 2018 Journalist of the Year.

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