ITCI Invictus Technologies Inc.

ITCI Invictus Technologies Inc.

September 23, 2014 10:42 ET

ITCI Invictus Technologies Completes Certification of LeoNovus Automated Install Process, Utilizing Their Software Across Heterogeneous IT Systems

Expedites the Ramp of LeoNovus Software across Systems Already in Operation within ITCI Managed IT Network Throughout Canada

TORONTO, ONTARIO--(Marketwired - Sept. 23, 2014) - ITCI Invictus Technologies announced today that they have completed full testing and certify that the LeoNovus automation process is ready for installation on hardware systems across the ITCI managed IT network. This deployment includes over 300 locations throughout Canada and triples the current capacity for their geo-distributed virtual data center. As a result, ITCI plans to aggressively grow its capacity by adding tens of thousands of nodes to their geo-dispersed data centers.

"By finalizing and implementing LeoNovus' geo-distributed data center successfully, ITCI is on track with its mass deployment strategy," said Hoss Astaraki, President of ITCI. "ITCI is now able to move forward with the second phase of the deployment which will be announced before year end."

LeoNovus licenses its proprietary client software onto ITCI computing devices and once installed, the system authenticates onto the LeoNovus network, expanding their virtual distributed-data center capability. For ITCI, this adds high-value, on-demand, scalable compute-and-storage resources with increased reliability and redundancy, as well as higher security and greater disaster recovery.

According to research firm Research and Markets (www.researchandmarkets.com), the managed services market is growing from $142 billion in 2013 to $256 billion by 2018, at a CAGR of over 12%. Outsourced managed services, such as ITCI, reduce the recurring in-house IT costs by 30-40% and bring about a 50-60% increase in efficiency.

About ITCI Invictus Technologies (www.itci.ca)

ITCI Invictus Technologies Inc. is an established, innovative technology service company serving hundreds of professional companies across Canada. Invictus Technologies provides IT infrastructure support, managed services, technical support, hosted environment including email and file servers, remote backup, VoIP services, ISP, disaster recovery and much more to thousands of users. Customers are able to access an array of services through one reliable provider.

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.

This press release may contain forward-looking statements and information, which 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 or guarantees 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 disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on LeoNovus' public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

Contact Information

  • ITCI Invictus Technologies
    Hoss Astaraki
    President
    416.637.7462
    416.216.4598 (FAX)
    www.itci.ca