Welcome to our dedicated page for 01 Communique news (Ticker: OONEF), a resource for investors and traders seeking the latest updates and insights on 01 Communique stock.
Overview of 01 Communique
01 Communique is a longstanding cybersecurity innovator established in 1992, renowned for its pioneering work in post-quantum cryptography (PQC) and secure remote access technology. With a focus on enterprise-level solutions, the company has built a robust portfolio that addresses the emerging threats posed by quantum computing to traditional encryption methodologies. The company leverages cutting-edge research and a deep understanding of cryptographic standards such as those recommended by the National Institute of Science and Technology (NIST) to deliver products that are not only innovative but also resilient in the face of evolving cyber threats.
Core Business Areas and Technologies
The company operates through two primary business units. The first unit is dedicated to developing post-quantum cybersecurity solutions under its IronCAP trademark, offering a suite of quantum-safe products that secure data communications, blockchain applications, and cryptocurrency transactions from the threat of quantum decryption. IronCAP is protected by multiple patents in the U.S.A., underscoring the company’s dedication to research and development in the quantum-safe domain. The second unit provides advanced secure remote access services under its I'm InTouch and I'm OnCall product lines, ensuring that enterprises maintain strong, secure connectivity across diverse environments.
Market Position and Competitive Landscape
01 Communique positions itself as a technical innovator in an industry where security is paramount. The company differentiates itself by addressing both current cybersecurity challenges and the future demands of a quantum computing era. With strategic partnerships, such as collaborations with fintech-semiconductor firms and blockchain innovators, 01 Communique has managed to create a competitive edge. Its integrated, patent-protected solutions provide a robust defense against modern threats, making it a compelling case study in the secure communications and cybersecurity sectors.
Revenue Model and Operational Excellence
The company generates revenue from recurring subscription fees for its remote access services and licensing fees for its advanced PQC technologies. By balancing development costs with recurring revenue streams, 01 Communique has managed to streamline operations and control expenses, reflecting strong operational discipline. Its model emphasizes scalability and adaptability, allowing it to respond swiftly to technological advances and regulatory changes in cybersecurity standards.
Technological Innovation and Expertise
At its core, 01 Communique leverages extensive patent protection and in-depth technical expertise to build products that are at the forefront of cybersecurity. The integration of post-quantum cryptographic protocols into everyday secure communications makes the IronCAP product line a unique solution in a crowded market. The company continuously enhances its product offerings to ensure compliance with shifting regulatory environments and emerging industry benchmarks, reinforcing its reputation as a trusted tech innovator.
Commitment to Security and Quality
01 Communique’s emphasis on quality, advanced research, and continuous improvement is reflected in its rigorous testing processes and live presentations to stakeholders. The company routinely engages with industry experts and partners to ensure its products not only meet but exceed established standards, thereby solidifying its position as a reliable and forward-thinking cybersecurity provider.
Conclusion
In summary, 01 Communique is a multifaceted cybersecurity company that combines a rich history of innovation with a strategic focus on securing the digital future. Its solutions, built for a quantum-safe era, address the critical need for robust, scalable, and adaptable security measures in an increasingly complex technological landscape. Investors and analysts appreciating technical rigor and operational excellence will find the company’s consistent emphasis on intellectual property strength and market responsiveness to be a testament to its enduring quality and expertise.
01 Communique Laboratory Inc. (TSXV:ONE)(OTCQB:OONEF), a pioneer in enterprise-level cybersecurity for quantum computing, will hold its annual shareholder meeting on April 25, 2023, at 4:00 PM ET at Fogler Rubinoff LLP in Toronto. CEO Andrew Cheung will provide insights into the Company's future business prospects after the regulatory portion of the meeting. For those unable to attend in person, the meeting can be accessed online via a Zoom link or dial-in options provided. 01 Communique specializes in post-quantum cryptographic technology, with its IronCAP™ system protected by U.S. patent #11,271,715. The Company offers secure remote access services through its I'm InTouch and I'm OnCall products, secured by multiple patents in the U.S., Canada, and Japan.
01 Communique Laboratory (TSXV:ONE, OTCQB:OONEF) has received a Notice of Allowance from the United States Patent and Trademark Office for its blockchain endpoint protection technology. This patent (application no. 17/972,815) allows the company to provide quantum-safe wallets, addressing vulnerabilities in blockchain systems against quantum computer attacks. CEO Andrew Cheung emphasized the importance of this technology in securing blockchain endpoints, particularly in a post-quantum computing world. The company continues to advance its IronCAP technology, reinforcing its commitment to cybersecurity solutions for the evolving landscape.
01 Communique Laboratory reported its first quarter fiscal 2023 results, ending January 31, 2023, with revenue of $106,803, down from $189,031 in the previous year. The company's loss was $247,508, an increase from $207,641 year-over-year. Adjusted loss excluding non-cash expenses was $185,895, up from $158,355. Despite the challenges, cash operating expenses decreased to $285,295 from $327,765. The company is focusing on post-quantum cryptographic solutions, particularly with its IronCAP™ product, and anticipates lower research and development expenses moving forward. A live teleconference will discuss these financial results and future business prospects.
01 Communique Laboratory Inc. (TSX-V:ONE)(OTCQB:OONEF), a pioneering enterprise-level cybersecurity provider for the quantum computing era, will release its financial results for Q1 2023, ending January 31, on March 21, 2023, before market opens. Investors can join a live update at 10:00 AM EST on the same day to discuss the results and the business outlook for its key products, IronCAP™ and IronCAP X™. The company emphasizes advanced post-quantum cryptographic technology and secure remote access services, underpinned by various patents. For more details, visit www.ironcap.ca.
01 Communique Laboratory Inc. (OTCQB:OONEF) announced the upgrade of its remote access service, I'm InTouch v11, featuring major enhancements for cybersecurity. The new version offers Post-Quantum Cryptography through IronCAP™, ensuring protection against quantum computer threats. Key upgrades include two-factor authentication, MAC address restriction, and improved password safety. CEO Andrew Cheung emphasized the service's heightened security amidst evolving cyber threats. This launch positions I'm InTouch v11 as a leading solution in remote access security, reflecting the company's commitment to innovation in the cybersecurity landscape.
01 Communique Laboratory Inc. (OONEF) reported strong results for fiscal 2022, with Q4 revenue reaching $244,183, up from $163,021 in the prior year, and total annual revenue of $1,026,810, a $141,465 increase year-over-year. The company recorded a Q4 loss of $181,242, an improvement from $250,569 in Q4 2021. The integration of IronCAP technology into military-grade hardware and the development of the first quantum-safe crypto wallet were key operational highlights. The firm also aims to launch the world's first commercial-ready quantum-safe email product in fiscal 2023, with a significant focus on cyber resilience.
01 Communique Laboratory (TSX-V:ONE)(OTCQB:OONEF), a pioneering enterprise-level cybersecurity provider for the quantum computing era, will release its fourth quarter 2022 financial results on January 19, 2023, before the market opens. A live update on the results and future prospects for its technologies, IronCAP and IronCAP X, will take place at 10:00 AM EST on the same day. The company emphasizes its advanced post-quantum cryptographic solutions and secure remote access services, protected by multiple patents in the U.S., Canada, and Japan. For further information, visit www.ironcap.ca.
01 Communique Laboratory Inc. has partnered with Thales Group to integrate their IronCAP post-quantum cryptography (PQC) with Thales Luna Hardware Security Modules (HSMs). This collaboration aims to enhance cybersecurity solutions for businesses and governments, ensuring data protection against quantum threats. Customers of Thales Luna can now seamlessly add IronCAP functionality, aligning with NIST standards. CEO Andrew Cheung emphasized the necessity of PQC in safeguarding sensitive data and highlighted that this partnership marks a significant advancement in quantum-safe security. Joint marketing efforts are set to commence immediately.
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