The Systems Software Procurement Division of Public Works and Government Services Canada (PWGSC) has awarded Leonovus a software purchasing arrangement.
PWGSC has implemented the Software Licensing Supply Arrangement (SLSA) for the delivery of various off-the-shelf software licenses, along with related software maintenance and support.
"Any of the over 100 government departments or agencies can now buy Leonovus' software off the shelf, which is a huge milestone for the company. The Canadian government's burgeoning requirement to embrace the cloud or hybrid architectures is our sweet spot with secure and smart data management.
We announced that we were nominated and accepted into Innovation Canada's
Accelerated Growth Service (AGS) two weeks ago. The AGS assigns a federal innovation advisor to the company. The AGS now combined with the SLSA accelerates government and international software sales opportunities," said Michael Gaffney, CEO, Leonovus Inc.
"The SLSA results from three years of continuous product development, introduction, testing, and Leonovus software marketing to various government departments. As noted in previous news releases, the Departments of Agriculture, Justice, and National Defence successfully tested our software. With the SLSA procurement vehicle in place, which greatly simplifies the purchasing process, we plan on increasing sales and marketing resources to unlock significant revenue potential that is targeted specifically at the government market," said Gaffney.
LeoNovus' innovative software provides the government with enhanced data security, cloud agility, and cost reduction/management.
LeoNovus Inc. (LTV) opened trading at C$0.76 per share.