Business
01 Communique Moves Forward with IronCAP X Commercialization and Announces First Quarter Fiscal 2020 Results
TORONTO, ON / ACCESSWIRE / March 18, 2020 / 01 Communique Laboratory Inc. (the "Company"...
About this update from 01 Quantum Inc.
[{"type":"text","content":"01 Communique Moves Forward with IronCAP X Commercialization and Announces First Quarter Fiscal 2020 ResultsTORONTO, ON / ACCESSWIRE / March 18, 2020 / 01 Communique Laboratory Inc. (the \"Company\") (TSX-V:ONE) is pleased to report that the Company has made significant developments in the First Quarter and is moving forward on the commercialization of its new IronCAP X cybersecurity product for email/file encryption, which product will be launched on April 23, 2020 at the Company's upcoming annual shareholders meeting. The Company has plans for wider commercialization with the development team continuing work on the IronCAP family of encryption products with applications for credit cards, VPNs and the Internet.Andrew Cheung, 01 Communique CEO, stated, \"I am pleased that we are on-target to launch our new IronCAP X email encryption product on April 23rd. Our team has worked very hard to develop a product that numerous industry experts have endorsed to be the most advanced and secure quantum-safe cryptographic system existing today. IronCAP proved to be un-hackable after we issued an open, world-wide challenge last year to hackers to crack its quantum-safe encryption, and over 500 hackers from various countries were unable to do so. I invite all interested parties to come to the IronCAP X demo on April 23rd to see our new product.\"Business Development Highlights:The Company has continued with work to help ensure the successful commercialization of IronCAP X and the IronCAP API. During the First Quarter, the development team added the finishing touches to IronCAP X to get ready for commercial availability in April 2020, and continued to make improvements to our IronCAP API which has been available to vendors since the summer of 2019. IronCAP's new web site provides IronCAP X beta users the ability to register for a trial of IronCAP X when it is available.Earlier this March the Company along with business partner Hitachi Solutions Create, Ltd (HSC), announced a 2-month free usage offer of DoMobile remote access services from March 2, 2020 to May 31, 2020 in Japan. The offer is to support the business community with increased telecommunications usage during the current coronavirus pandemic.DoMobile, which is marketed by HSC, is 01 Communique's I'm InTouch remote access service. DoMobile allows mobile professionals and telecommuter...