01 Communique to Supply IronCAP Technology to Polydigi Tech to Develop Quantum-Safe Automotive Mobile Keyless Solution
01 Communique Laboratory Inc. (OTCQB:OONEF) announces a collaboration with Polydigi Tech to develop a quantum-safe Automotive Mobile Keyless solution. By integrating its IronCAP™ encryption technology with Polydigi's ActiFID™ biometric authentication, the partnership aims to enhance automotive cybersecurity against current and future threats. The joint solution targets the interconnected automotive market, emphasizing the necessity for quantum-safe systems in light of emerging quantum computing capabilities.
- Collaboration with Polydigi Tech to create a unique Automotive Mobile Keyless solution.
- Integration of IronCAP™ encryption technology with Polydigi's ActiFID™ biometric authentication.
- Addresses cybersecurity threats in the automotive industry, enhancing product appeal.
- None.
TORONTO, ON / ACCESSWIRE / June 28, 2021 / 01 Communique Laboratory Inc. (TSX-V:ONE)(OTCQB:OONEF) (the 'Company') one of the first-to-market, enterprise level cybersecurity providers for the quantum computing era, is pleased to announce its collaboration with Polydigi Tech, integrating two unique technologies to create one phenomenally secure, quantum-safe product, Automotive Mobile Keyless solution.
Polydigi Tech is a UK based technology company providing a patent-pending Biometric Authentication Solution, ActiFID™, that uses the unique impression of the bottom of a clenched fist to authenticate and verify user identity. The Company is supplying its patent-pending, quantum-safe encryption solution, IronCAP™ for Polydigi to integrate into ActiFID™ to create a remarkably secure product, Automotive Mobile Keyless solution.
"This is an exciting joint project for the Automotive industry. We are thrilled to work with one of the very first quantum-safe cryptographic solution providers to create a unique new product. Cars today can now be protected against current cyber-threats as well as the threats of tomorrow with the advent of quantum computers," said Monika Ohashi, the Co-founder and the CIO of Polydigi Tech.
Andrew Cheung, President and CEO of 01 Communique, commented, "We are excited to collaborate with Polydigi Tech to develop this unique, first of its kind product for the automotive industry. We believe cars in the future will be interconnected and work like a computer; therefore, they MUST be quantum-safe. IronCAP™ is the best-in-class cryptography solution that can protect customers data today and in the fast-approaching quantum computing era."
About Polydigi Tech
Following an invitation from the United Kingdom Department of International Trade, Polydigi Tech established its Headquarter for their new adventure in Edinburgh, Scotland in 2019. Polydigi Tech is an innovative cybersecurity company that specializes in cutting-edge identity verification and authentication technologies. To counter the ever-growing risk of cyber-threats, Polydigi Tech has developed various patented and patent-pending innovative solutions including mobile phone based multi-factor authentication - s-Factr™️, biometric authentication - ActiFID™️, and hardware protection for IoT devices and networks - d-Factr™. For more details about Polydigi Tech please visit their website at: https://polydigitech.uk/.
About 01 Communique
Established in 1992, 01 Communique (TSX-V:ONE)(OTCQB:OONEF) has always been at the forefront of technology. The Company's cyber security business unit focuses on post-quantum cybersecurity with the development of its IronCAP™ technology. IronCAP™'s patent-pending cryptographic system is an advanced Goppa code-based post-quantum cryptographic technology that can be implemented on classical computer systems as we know them today while at the same time can also safeguard against attacks in the future post-quantum world of computing. The Company's remote access business unit provides its customers with a suite of secure remote access services and products under its I'm InTouch and I'm OnCall product offerings. The remote access offerings are protected in the U.S.A. by its patents #6,928,479 / #6,938,076 / #8,234,701; in Canada by its patents #2,309,398 / #2,524,039 and in Japan by its patent #4,875,094. For more information, visit the Company's web site at www.ironcap.ca and www.01com.com.
Cautionary Note Regarding Forward-looking Statements
Certain statements in this news release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this news release, such statements use such words as "may", "will", "expect", "believe", 'anticipate', "plan", "intend", "are confident" and other similar terminology. Such statements include statements regarding the business prospects of IronCAP™ and IronCAP X™, the future of quantum computers and their impact on the Company's product offering, the functionality of the Company's products and the intended product lines for the Company's technology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this news release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the matters discussed in the forward-looking statements, including, but not limited to, a delay in the anticipated adoption of quantum computers and a corresponding delay in Q-Day, the ability for the Company to generate sales, and gain adoption of, IronCAP™ and IronCAP X™, the ability of the Company to raise financing to pursue its business plan, competing products that provide a superior product, competitors with greater resources and the factors discussed under "Risk and Uncertainties" in the company's Management`s Discussion and Analysis document filed on SEDAR. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update or revise them to reflect new events or circumstances.
Neither TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
INVESTOR CONTACT:
Brian Stringer
Chief Financial Officer
01 Communique
(905) 795-2888 x204
Brian.stringer@01com.com
SOURCE: 01 Communique Laboratory, Inc.
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FAQ
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