01 Communique Laboratory Inc V.ONE

Alternate Symbol(s): OONEF

Technology Software - Application

01 Communique Laboratory Inc. is a Canada-based technology company. The Company operates two business units. Its primary focus is cyber security business unit focusing on Post-Quantum Cryptography (PQC). PQC is designed to operate on classical computer systems, while at the same time secure enough to safeguard against cyber-attacks from quantum computers. IronCAP X is a quantum-safe end-to-end email encryption solution, which is designed for ultimate email privacy as well as ensuring senders' authenticity to eliminate phishing. The Company provides IronCAP cryptographic engine to businesses of all sizes, allowing them to easily transform their systems to withstand threats from Quantum Computers. The Company also provides vertical solutions that utilize its own IronCAP cryptographic engine to ensure quantum safety. Its remote access business unit provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings.

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01 Communique Laboratory Inc

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Post by slagheapon Dec 14, 2015 5:22pm

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01 Communique loses $1.57-million in fiscal 2015

2015-12-14 17:16 ET - News Release Mr. Andrew Cheung reports

01 COMMUNIQUE REPORTS FOURTH QUARTER FISCAL 2015 RESULTS

01 Communique Laboratory Inc. has released results for its fourth quarter fiscal 2015, which ended Oct. 31, 2015. The loss and comprehensive loss for the fourth quarter 2015 was $463,096 (2014 - $674,589). The adjusted loss, which excludes non-cash expenses for stock-based compensation and depreciation, for the quarter was $333,711 (2014 - $438,087). The Company completed the year with $551,205 of cash and cash equivalents.

"Throughout 2015 we concentrated our efforts on preparing for our patent lawsuit trial against Citrix, scheduled to commence January 8, 2016," said Andrew Cheung, President and CEO for 01 Communique. "Our results for fiscal 2015 reflect our emphasis on this aspect of our business. With respect to the case, summary judgment motions have been filed and we are waiting for the court's decision on these motions. A pre-trial conference is scheduled for December 21, 2015 and then on to trial. We look forward to our day in court."

An update on the Company's patent lawsuit against Citrix Systems Inc. ("Citrix") follows.

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