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01 Communique Signs Partnership Agreement with Cybersecurity Firm Privacy Horizon Inc. to Sell IronCAP Products

Tuesday, 04 August 2020 08:00 AM

01 Communique Laboratory, Inc.

TORONTO, ON / ACCESSWIRE / August 4, 2020 / 01 Communique Laboratory Inc. (the "Company") (TSX-V:ONE) is pleased to announce that the Company has signed a partnership agreement with leading Canadian cybersecurity firm Privacy Horizon Inc. ("Privacy Horizon" or "PHI") to sell IronCAP products. PHI enables organizations to build privacy and security controls more quickly, and IronCAP products are designed to protect users from cyber-attacks and personal information breaches.

Andrew Cheung, 01 Communique CEO, stated, "We are pleased to have a partnership agreement with Privacy Horizon as they have expertise in the privacy and security domains, and have recently launched their Cyber-Risk Management program that enables the protection of user information and personal data. In this digital world, there is great concern about privacy as a vast array of personal information can be collected, shared, and maliciously hacked. Our IronCAP technology provides a safe cyberspace for users as our cryptography system is designed to operate on today's conventional computer systems and safeguard against future quantum computer attacks".

Patrick Lo, CEO of Privacy Horizon commented, "PHI's delivery of professional services provides its clients with privacy and security solutions that enable organizations to protect their information technology infrastructure and customers' information. IronCAP technology and products fit in well with our goal of providing privacy and security controls to our customers, and enabling our customers to generate revenues."

About 01 Communique

Established in 1992, 01 Communique (TSX-V: ONE) has always been at the forefront of technology. In early 2018 the Company announced an additional business unit focusing on post-quantum cybersecurity with the development of its IronCAP technology. IronCAP's patent-pending cryptographic system is an advanced Goppa code-based post-quantum cryptographic technology that can be implemented on classical computer systems as we know them today while at the same time can also safeguard against attacks in the future post-quantum world of computing. The Company's remote access business provides its customers with a suite of secure remote access services and products. The Company's remote access 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.ironcap.ca and www.01com.com.

Privacy Horizon Inc.

Privacy Horizon Inc. delivers Cyber-Risk Management solutions for small & medium-sized businesses and provides the expertise, training, and essential tools needed to build privacy and security into your products and services. Privacy Horizon is backed by a team of nationally recognized privacy and security experts, with much of their experience and special expertise in healthcare and financial services. For more information, visit the Company's website at https://privacyhorizon.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.

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.

INVESTOR CONTACT:

Andrew Cheung
Chief Executive Officer
01 Communique
(905) 795-2888 x206
[email protected]

SOURCE: 01 Communique Laboratory, Inc.

Topic:
Company Update
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