TORONTO, Feb. 11, 2019 /CNW/ - 01 Communique
Laboratory Inc. (ONE:TSX-V) today announced the United States
Patent and Trademark Office ("USPTO") has issued the Company a
receipt for its Patent Application Nos. 16/268,098 for a
Cryptographic System and Method.
"We have invented a unique cryptographic system that is not only
safe from malicious attacks from Quantum Computers in the future
but can also be implemented on today's classical computer systems
to safeguard them from malicious attacks present in today`s
environment," said Andrew Cheung,
President and CEO for 01 Communique. "We have announced our new
direction of Post-Quantum Cryptography in June 2018. This new
patent application is a very important milestone towards that."
Our invention, as described in our patent application, relates
generally to cryptographic systems and methods. More particularly,
our invention relates to public key cryptographic systems and
methods that can be used, for example, to build highly secure
systems for data storage, access, encryption, decryption, digital
signing, and digital signing verification. Our cryptographic system
is expected to protect our customers against the ever-evolving
illegitimate and malicious means of gaining access to their
data. A video about this invention will be posted on our web
site soon.
The Company has identified a number of vertical markets that we
believe will benefit from product offerings under development by
the Company using our Post-Quantum Cyber Security technology. These
markets include the encryption of email and files, digital
signature (for example: blockchain operators), remote access / VPN
vendors, cloud storage vendors, credit card security vendors,
password management and those requiring increased web site
security.
The first product the Company plans to release incorporating our
patent-pending cryptographic system is an email/file encryption
system targeted at consumers as well as businesses of all sizes. It
is under development and scheduled to be available in our third
quarter this year (May to July).
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.
About 01 Communique
Established in 1992, 01 Communique Laboratory Inc. (TSX-V: ONE)
has always been at the forefront of technology. The Company's
legacy business provides its customers with a suite of secure
remote access services and products. In early 2018 the Company
began transitioning its business focusing on cybersecurity with the
development and implementation of Post-Quantum Cryptography and
Post-Quantum Blockchain technologies, which can be implemented on
classical computer systems as we know them today while at the same
time secure enough to safeguard against potential Quantum Computer
attacks. The Company's legacy products 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.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", "plan", "intend",
"are confident" and other similar terminology. 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 results discussed in the forward-looking statements,
including, but not limited to, 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.
SOURCE 01 Communique Laboratory Inc.
