Consolidata COVID-19 Product and Corporate Update

OTTAWA, July 07, 2020 (GLOBE NEWSWIRE) -- Leonovus Inc. ("Leonovus” or the “Company") (TSXV: LTV) today provides an update regarding its Consolidata product and the overall business.

In March 2020, the Company recognized that it’s Smart Filer and Vault technologies could become a unified data capture, storage and analytics solution (Consolidata) for the evolving COVID-19 crises. Dr. Jane Philpott, and Dr. Michael Wolfson identified the lack of a cohesive national/provincial information solution/repository for COVID-19 and other public health data.

Consolidata uses our Smart Filer technology,  which transparently moves or copies COVID-19 data to a centralized data repository and analytics platform. Because its software is technology agnostic, Consolidata easily installs in any hospital, nursing home, clinic, research facility, policy group, university, college - indeed any location. The software rapidly ‘discovers’ COVID-19 files, and with its policy engine, automatically copies the essential data to the repository. Incorporating our Vault technology also makes Consolidata a highly secure data storage solution. All COVID-19 data, unstructured and structured,  is now in one location. This data is collated and categorized continuously from each of these data sources, keeping it fresh, focused and organized; such data curation is critical to ensure meaningful analytics based on Artificial Intelligence (“AI”) and Machine Learning (“ML”).

 To provide advanced dashboards and immediately actionable insights on COVID-19 data, we plan to integrate with Intouch Insight Inc., which has robust retail dashboards, survey, mobile and reporting capabilities. Retail analytics is based on location-based data, and so is COVID-19. 

Since the end of April 2020, Leonovus has submitted Consolidata proposals to federal, provincial and territorial governments.  In most cases, a paid trial installation is the proposed first step. We believe that HMOs, regional, state and federal governments elsewhere could also use the solution. Acceptance and timing of these proposals are unknown given, the tumultuous market conditions.

As part of our previously announced BCIP project, the Department of Justice continues to evaluate Smart Filer and Vault. The product evaluation trial process will continue until late Q3 2020.  Preliminary discussions regarding a full product launch beginning in Q4 2020 have already started.