TORONTO, Nov. 21, 2019 /CNW/ - 01 Communique
Laboratory Inc. (the "Company") (ONE:TSX-V) issued a world-wide
challenge to hackers to crack their quantum-safe encryption in
exchange for a $100,000 prize. 10
Days in, the response to the challenge has been overwhelming!
Many contestants from several countries have signed up for the
world's first hackathon on post-quantum encryption. With more
contestants signing up every day, the Company's President and CEO,
Andrew Cheung remains confident.
"Come and get it! Our hackathon will show the world that IronCAP
encryption stands strong against powerful quantum computers."
Contestants are rushing to sign up online at www.ironcap.ca
before the contest closes on December
12, 2019. The result will be announced on or about
December 16, 2019.
IronCAP encryption is the most secure, commercially available
Goppa code-based encryption available today. All companies need
protection from quantum computers and should start the process
immediately. For more information and advice, visit ironcap.ca or
contact the Company at sales@ironcap.ca.
About 01 Communique
01 Communique Laboratory Inc. (TSX-V:ONE) is focused on
cybersecurity with its IronCAP patent-pending cryptographic system
designed to protect users and enterprises against the ever-evolving
illegitimate and malicious means of gaining access to their data
today and in the future with the introduction of powerful quantum
computers. Based on improved code-based encryption it is designed
to be faster and more secure than current standards. IronCAP
operates on conventional computer systems so users are protected
today while at the same time being secure enough to safeguard
against future attacks coming with the introduction of quantum
computers. Along with IronCAP the Company's legacy business
provides customers with a suite of secure remote access services
and products. These 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 on the Company visit www.01com.com or for more
information on IronCAP visit www.ironcap.ca .
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.
SOURCE 01 Communique Laboratory Inc.