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01 COMMUNIQUE LAB INC - OONEF STOCK NEWS

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01 Communique Laboratory Inc. (OONEF) is a leading cybersecurity provider specializing in post-quantum security solutions for the quantum computing era. With a focus on quantum-safe technologies, the company offers cutting-edge cyber resilience solutions to businesses, organizations, and governments globally.

The company's product line, IronCAP™, is patent-protected and combines NIST-approved post-quantum cryptography algorithms with proprietary cryptographic technology. This ensures that sensitive data remains secure in the face of evolving cyber threats posed by quantum computing.

In addition to its cybersecurity business unit, 01 Communique provides a suite of secure remote access services and products under the I'm InTouch and I'm OnCall offerings. These solutions are designed to enable secure, efficient remote connectivity for businesses and individuals.

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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.

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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.

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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.

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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.

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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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01 Communique Laboratory (OTCQB:OONEF) has closed a non-brokered private placement, raising $67,500 through the issuance of 562,500 common shares priced at $0.12 each. The proceeds will be directed towards working capital needs. As a pioneer in cybersecurity for quantum computing, 01 Communique offers IronCAP™, a patented advanced cryptographic system designed to protect against potential quantum attacks. The company holds multiple patents, ensuring the security of its remote access product line, including the I'm InTouch and I'm OnCall services.

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01 Communique Laboratory Inc. (OTCQB:OONEF) has unveiled the world's first quantum-safe crypto wallet utilizing a post-quantum cryptography (PQC) algorithm approved by NIST. This wallet, a significant advancement for blockchain security, is part of their Proof-of-Concept for Quantum-Safe Blockchain supporting smart contracts. Developed in partnership with QNT (Quantum Native Token) on the Solana blockchain, the wallet offers enhanced protection against quantum computer attacks, addressing vulnerabilities in existing blockchain wallets.

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01 Communique Laboratory has reported third quarter fiscal 2022 results, showcasing a revenue increase to $236,002 from $211,831 year-over-year. Year-to-date revenue stands at $782,637, up from $722,324 in 2021. The company's loss for the quarter improved to $190,242 from $228,762 in the previous year. They are nearing completion of the world's first Quantum-Safe Blockchain and expect to launch the IronCAP X™ email security product by the end of October. A recent private placement raised $112,500 to support ongoing development.

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01 Communique Laboratory has closed a non-brokered private placement, issuing 562,500 units at $0.20 each, raising $112,500 in gross proceeds. Each unit consists of one common share and half a share purchase warrant, allowing the purchase of additional shares at $0.35 within two years. The funds will be allocated for working capital purposes. 01 Communique specializes in cybersecurity technologies, particularly its IronCAP system, which offers protection against quantum computing threats.

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01 Communique Laboratory Inc. (OTCQB: OONEF) has achieved significant technical milestones by integrating IronCAP™ into the Solana blockchain. This development aims to create a quantum-safe blockchain capable of supporting smart contracts and NFTs, crucial for the safety of digital assets against quantum computer attacks. The company plans to file a patent for this integration along with its partner, Talent Summit, which has funded the Proof of Concept (PoC). Future steps include developing a quantum-safe wallet and the commercial rollout of the QNT - Quantum Native Token.

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FAQ

What is the current stock price of 01 COMMUNIQUE LAB (OONEF)?

The current stock price of 01 COMMUNIQUE LAB (OONEF) is $0.2216 as of December 24, 2024.

What is the market cap of 01 COMMUNIQUE LAB (OONEF)?

The market cap of 01 COMMUNIQUE LAB (OONEF) is approximately 6.7M.

What is 01 Communique Laboratory Inc. known for?

01 Communique is a cybersecurity provider specializing in post-quantum security solutions for the quantum computing era.

What is IronCAP™?

IronCAP™ is the company's product line that combines NIST-approved post-quantum cryptography algorithms with proprietary cryptographic technology to safeguard sensitive data.

What services does 01 Communique offer besides cybersecurity?

In addition to cybersecurity solutions, 01 Communique provides secure remote access services and products under the I'm InTouch and I'm OnCall offerings.

How does 01 Communique help businesses address cyber threats?

By offering quantum-safe technologies and secure remote access solutions, 01 Communique empowers businesses, organizations, and governments to enhance their cybersecurity resilience.

What sets 01 Communique apart in the cybersecurity industry?

01 Communique's focus on post-quantum security and its advanced IronCAP™ technology differentiate it as a leader in addressing cyber threats posed by quantum computing.

01 COMMUNIQUE LAB INC

OTC:OONEF

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OONEF Stock Data

6.75M
83.78M
12.91%
Software - Application
Technology
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United States of America
Toronto