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LEONOVUS INC - LVNSF STOCK NEWS

Welcome to our dedicated page for LEONOVUS news (Ticker: LVNSF), a resource for investors and traders seeking the latest updates and insights on LEONOVUS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LEONOVUS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LEONOVUS's position in the market.

Rhea-AI Summary

Leonovus Inc. (TSXV: LTV) launched Torozo, a cost-effective and highly secure software for file sharing, transfer, and cloud storage, on May 2, 2022. Torozo addresses the growing demand for user-friendly and secure digital solutions, particularly for personal and enterprise data protection. Pricing starts at USD 3.95 per month for individuals, with scalable storage options. The platform benefits from years of development for the Canadian Government, ensuring advanced security features, including post-quantum protection and ransomware safeguards by year-end.

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Rhea-AI Summary

Leonovus Inc. is set to launch Torozo, a hyper-secure cloud-based file storage and sharing solution, next month. Pre-registration is available with a 50% discount for the first year. Torozo utilizes FIPS 140-2 compliant cryptography and unique encrypt, shred, and spread technology to enhance data security. The global file-sharing market, valued over $4B, is projected to exceed $8B by 2025, with the secure file-sharing segment reaching $3B. Increasing demand for secure solutions in sectors like IT and healthcare, driven by a rise in remote work and data security concerns, complements Torozo’s launch.

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Leonovus Inc. has announced the beta launch of XVault, a secure remote data sharing application designed for real-time transfer of sensitive information across various sectors. This innovative solution addresses the critical need for secure data sharing, particularly in contexts such as military communication and legal transactions. XVault features protocol-independent security, reducing cyber risks while ensuring data is never in a readable format during transit. The company seeks beta customers to aid in the testing phase, contributing to the development of this essential tool for enterprises.

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FAQ

What is the market cap of LEONOVUS (LVNSF)?

The market cap of LEONOVUS (LVNSF) is approximately 610.8K.
LEONOVUS INC

OTC:LVNSF

LVNSF Rankings

LVNSF Stock Data

610.78k
20.05M
4.09%
Software - Application
Technology
Link
United States of America
Ottawa