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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. (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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01 Communique Laboratory Inc. (OTCQB:OONEF) announced a restricted attendance for its Annual and Special Meeting on April 21, 2021, due to the Ontario government's stay-at-home order. Shareholders are urged to vote by proxy, as in-person voting will be limited. The meeting can be accessed via Zoom for listening but not voting. CEO Andrew Cheung will discuss the company's 2020 growth and future plans. Proxies must be submitted by April 19, 2021. The meeting will address director elections and auditor appointments.

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01 Communique Laboratory Inc. (OTCQB:OONEF) has partnered with rThreat Inc., a US-based cybersecurity firm, to enhance their offerings against quantum-era cyber threats. Following rigorous testing, rThreat labeled IronCAP™ as "uncrackable," highlighting its advanced security against traditional encryption methods. This collaboration aims to leverage IronCAP™ technology to develop next-gen cyber defense solutions. Both companies acknowledge the increasing cybersecurity risks posed by quantum computing advancements, emphasizing the need for immediate action in securing data.

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01 Communique Laboratory Inc. (OTCQB:OONEF) announced that its IronCAP™ encryption successfully withstood a global Bounty Contest challenge sponsored by PwC China. Over 800 cybersecurity experts attempted to break the encryption, with no success. This result reinforces IronCAP™ as a leading quantum-safe solution. CEO Andrew Cheung emphasized its robustness and thanked participants for verifying the technology. With rising awareness of quantum threats, the company anticipates increased demand for IronCAP™ as organizations prepare for future cyber challenges.

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01 Communique Laboratory Inc. (OTCQB: OONEF) has entered a partnership with DigiFlynt Tech Ltd., focusing on digital transformation in West Africa, UAE, and India. This collaboration aims to enhance cybersecurity through 01 Communique's IronCAP™ technology, designed to protect against quantum computing threats. The partnership emphasizes the increasing need for robust cybersecurity solutions, highlighting the importance of safeguarding personal and enterprise data.

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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 $0.1885 as of December 23, 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