November 9, 2021 / 01 Communique Laboratory Inc. (the "Company") (TSXV:ONE)(OTCQB:OONEF) one of the first-to-market, enterprise level cybersecurity providers for the quantum computing era are pleased to announce that the United States Patent and Trademark Office ("USPTO") has allowed the issuance of a patent for our "game changing" Cryptographic quantum-safe encryption system. The Company has received a Notice of Allowance from USPTO stating that its patent application (application no. 16/268,098) for a Cryptographic System and Method has been examined, prosecution is now closed and it is allowed for issuance as a patent.
"This is a major milestone for our company and for quantum-safe encryption," said Andrew Cheung, President and CEO for 01 Communique. "By incorporating this technology into IronCAP™ we believe we have developed an encryption system that is superior to anything that is on the market today. We designed IronCAP™ and IronCAP X™ to not only protect our customers against cyberattacks from current computer systems but also against attacks from the fast-approaching quantum computers. They are the first readily available "off the shelf" products that are proven unhackable and patent protected."
This 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 verification. Our cryptographic system is expected to protect our customers against the ever-evolving illegitimate and malicious means of gaining access to their data.
The patent issuance along with several unbeatable hackathons, peer review and intense due diligence by our many major global partners speak to the safety and efficacy of our first-to-market, enterprise level cybersecurity products for the quantum computing era.