Business
01 Communique Enters into a Memorandum of Understanding with ixFintech Limited of Hong Kong
01 Communique Enters into a Memorandum of Understanding with ixFintech Limited of Hong Kon...
About this update from 01 Quantum Inc.
[{"type":"text","content":"\n\n\n\n01 Communique Enters into a Memorandum of Understanding with ixFintech Limited of Hong Kong\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Nov. 19, 2019\n\n\n\nTORONTO, Nov. 19, 2019 /CNW/ - 01 Communique Laboratory Inc. (the \"Company\") (ONE:TSX-V) today announced that it has entered into a Memorandum of Understanding (MOU) with ixFintech Limited (\"ixFintech\") to work towards ixFintech adopting IronCAP as their quantum computing security solution and in longer term, exploring possible areas of cooperation for development of future technology solutions aimed at ixFintech's new business initiatives.\n\"We look forward to penetrating the Asian market with our new partner, ixFintech. Working together with ixFintech, we believe our quantum-safe IronCAP product will be widely adopted not only by ixFintech but also other companies throughout Asia. We also look forward to the opportunity of collaborating with ixFintech and developing other technical solutions for their future business initiatives,\" said Andrew Cheung, President and CEO of 01 Communique.\n\"As technology continues to advance especially in the digital assets arena (or in the fintech arena), so does the pace of new cybersecurity risks. 01 Communique provides a unique product to protect today's businesses against post-quantum cyberattacks. Adoption of IronCAP will no doubt strengthen our system infrastructure, safeguard our operation, data and processes. We are excited about the potential this partnership brings as we begin to explore new technology solutions for our new business initiatives,\" said Irene Wong, CEO of ixFintech.\nThe MOU will see ixFintech and 01 Communique working together on cybersecurity offerings and new business development as well as marketing initiatives throughout Asia.\nAbout ixFintech\nixFintech Limited is a Fintech company established in June 2015. It aims to improve the client engagement process of derivatives products by promoting financial literacy and new option information platform. As a key participant of the Cyberport Hong Kong, ixFint...