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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. (OONEF) reported third quarter 2021 results, highlighting a substantial revenue increase to $749,324 year-to-date from $349,827 in 2020. Despite a quarterly revenue decline to $211,831, the company emphasizes growth in recurring subscription revenue. A net loss of $228,762 reflects an increase compared to the previous year, but year-to-date losses decreased. The company is advancing its IronCAP™ product and expanding its Asia-Pacific operations, aiming for further subscriber and revenue growth.

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01 Communique Laboratory Inc. (TSXV:ONE)(OTCQB:OONEF) will report its third-quarter financial results for the period ending July 31, 2021, on September 9, 2021, prior to market opening. A live update on the results and business prospects for IronCAP and IronCAP X will be held at 10:00 AM EST the same day. Established in 1992, the Company specializes in post-quantum cybersecurity, featuring its patent-pending IronCAP cryptographic technology and secure remote access services. More details can be found on their website.

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01 Communique Laboratory Inc. (OTCQB: OONEF) announced the launch of DoMobile v4 by Hitachi Solutions Create, Ltd. on July 28, 2021, targeting Japan's growing remote work trend. This secure remote access solution, marketed exclusively by Hitachi, is designed for various sectors, including government and finance. Over 3,800 corporations already use DoMobile. The software adapts to new workplace dynamics post-COVID-19, enhancing cyber security against increased threats. This collaboration boosts 01 Communique's positioning in the cybersecurity market.

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01 Communique Laboratory Inc. (OONEF) has launched the IronCAP™ API, enhancing cybersecurity solutions across various platforms including iOS and Android. This technology, featuring patent-pending post-quantum cryptography, is designed for digital identity, email security, and more, ensuring protection against future quantum computer threats. The company's long-standing history in cybersecurity positions it as a vital player amidst growing digital security needs. With IronCAP™, vendors can now secure their systems against both current and impending cyber threats.

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01 Communique Laboratory Inc. (OTCQB: OONEF) has released an educational paper titled "Rethinking Cybersecurity in a Quantum World", developed in collaboration with PwC China. The paper explores advancements in quantum computing and provides updated insights on post-quantum cryptographic standards. It emphasizes the risks posed to current cryptographic solutions and urges businesses to prepare for these emerging threats. Key figures from both companies highlight the urgency of adopting new security measures.

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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.

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01 Communique Laboratory (OTCQB: OONEF) has partnered with DigiFlynt Tech Ltd. to integrate its IronCAP engine into the world's first quantum-safe tax platform for West Africa. The collaboration aims to enhance cybersecurity in the region, driven by growing concerns over quantum threats. DigiFlynt will promote IronCAP technology at the upcoming Dubai Expo and expand its market reach in the Gulf Cooperation Council (GCC) countries. The IronCAP system is designed to protect against contemporary and future cyber-attacks, positioning 01 Communique as a leader in post-quantum encryption.

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01 Communique Laboratory Inc. reported significant revenue growth in Q2 2021, with revenue reaching $297,231, up from $73,297 in Q2 2020. The adjusted loss shrank to $18,401 compared to $205,924 the previous year. CEO Andrew Cheung expressed optimism about continued positive momentum driven by increased remote access technology users. Operating expenses rose due to heightened marketing and sales efforts for IronCAP. Additionally, partnerships were formed to enhance product integration and address cybersecurity needs in the quantum computing era.

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01 Communique Laboratory Inc. (OTCQB: OONEF) will release its financial results for the second quarter ended April 30, 2021, on June 10, 2021, before market opens. A live teleconference is scheduled for 10:00 AM EST on the same day to discuss results and business prospects for IronCAP™ and IronCAP X™. The company specializes in post-quantum cybersecurity solutions, focusing on its innovative IronCAP™ technology, which provides advanced security against future quantum computing threats. For updates, visit www.ironcap.ca.

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01 Communique Laboratory (OTCQB: OONEF) announced a collaboration with ixFintech and Polydigi Tech to enhance the security of the ixWallet against cyber threats. This partnership integrates the Company's post-quantum cybersecurity technology, IronCAP, into the decentralized digital wallet, offering secure storage and management of digital currencies such as Bitcoin. The integration with Polydigi's identity authentication solution, s-Factr™, ensures customer identity is verified before accessing services. This move aligns with upcoming regulatory requirements in the digital ID framework.

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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 $0.2553 as of January 22, 2025.

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

The market cap of 01 COMMUNIQUE LAB (OONEF) is approximately 35.7M.

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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35.65M
83.78M
12.91%
Software - Application
Technology
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United States of America
Toronto