01 Communique Stock Price, News & Analysis

01 Communique Laboratory (TSX-V:ONE)(OTC Pink:OONEF), a pioneer in enterprise-level quantum computing cybersecurity, has successfully completed a non-brokered private placement. The company raised $920,000 through the issuance of 4,000,000 Units to strategic investors, led by Antanas Guoga (Tony G).

Following this offering, the company's total issued and outstanding common shares stand at 100,364,554. The securities were issued under applicable exemptions from prospectus requirements. Notably, Tony G and other investors have agreed to a voluntary twelve-month contractual hold period until January 7, 2026, in addition to the regulatory four-month hold period.

01 Communique Laboratory (TSX-V:ONE, OTC:OONEF) announced its strategic focus on post-quantum cryptography (PQC) solutions, particularly for blockchain and cryptocurrency security. The company will present its PQC roadmap and technologies on December 18th, 2024. CEO Andrew Cheung highlighted that their technologies incorporate NIST-endorsed PQC algorithms and have been integrated into various applications.

The company has developed a PQC-compliant Solana L1 blockchain, expected to be commercialized in 2025. They also received a US Patent (#11,669,833) for technology that can convert existing cryptocurrencies to become PQC-compliant. The announcement comes amid recent quantum computing advancements, such as Google Quantum AI's Willow quantum chip, emphasizing the growing importance of quantum-resistant security solutions.

01 Communique Laboratory (TSX-V: ONE)(OTC: OONEF) has issued a statement confirming that there are no material changes in the company's operations that would explain the recent increase in market activity. This statement was made at the request of CIRO.

The company, established in 1992, specializes in post-quantum cybersecurity through its IronCAP™ product line, protected by U.S. patents #11,271,715 and #11,669,833. It also operates a remote access business unit offering I'm InTouch and I'm OnCall products, protected by patents in the U.S.A., Canada, and Japan.

01 Communique Laboratory Inc. (TSXV:ONE)(OTC PINK:OONEF), a pioneer in enterprise-level cybersecurity for the post-quantum computing era, reported its third quarter fiscal 2024 results for the period ending July 31, 2024. The company highlighted its alignment with newly announced NIST Post-Quantum Cryptography standards, emphasizing that its IronCAP PQC cryptographic engine, launched in 2021, already incorporates these standards.

Financial highlights include:

• Quarterly loss reduced to $40,173 (2023: $119,652)
• Adjusted loss (excluding non-cash expenses) nearly breakeven at $5,891
• Cash position of $125,716
• Revenue increased to $126,103 (2023: $106,197)
• Significant reduction in cash operating expenses

The company is approaching profitability as revenue builds from partners and customers.

01 Communique Laboratory Inc. (TSX-V:ONE)(OTC Pink:OONEF), a leading cybersecurity provider for the quantum computing era, has announced it will release its third quarter 2024 financial results on Thursday, September 19, 2024, before the market opens. The company will host a live conference call at 10:00 AM EST on the same day to discuss the results and provide updates on their IronCAP™ and IronCAP X™ business prospects. Interested parties can join via web browser or dial-in using the provided details. This event offers an opportunity for stakeholders to gain insights into the company's performance and future outlook in the rapidly evolving cybersecurity landscape.

01 Communique, an enterprise-level cybersecurity provider focused on quantum computing, has released its second quarter fiscal 2024 results. CEO Andrew Cheung emphasized the company's competitive edge in Post-Quantum Cryptography (PQC) and ongoing collaborations with partners.

The company reported a quarterly loss of $68,638, down from $187,292 in the previous year, while adjusted loss excluding non-cash expenses was $28,508, a reduction of $94,583. Cash operating expenses were significantly reduced to $128,240 from $240,239.

Product development and SG&A expenses were also decreased, helping the company move towards profitability despite a revenue decline to $106,220 from $127,782, impacted by the weakening Japanese Yen.

Stock options were granted to directors and executives, allowing for the purchase of up to 1,320,000 common shares at $0.05 per share. The company will host a conference call to discuss these results and future business prospects.

01 Communique, a leader in enterprise-level cybersecurity for the quantum computing era, will release its Q2 2024 financial results on June 20, 2024, before market open.

The company will host a conference call at 10:00 AM EST on the same day to discuss the results and future prospects of its IronCAP™ and IronCAP X™ technologies.

Participants can join via the provided Zoom link or dial-in numbers for both Canada and the USA.