TORONTO, Feb. 11, 2019 /CNW/ – 01 Communique Laboratory Inc. (ONE:TSX-V) today announced the United States Patent and Trademark Office (“USPTO”) has issued the Company a receipt for its Patent Application Nos. 16/268,098 for a Cryptographic System and Method.
“We have invented a unique cryptographic system that is not only safe from malicious attacks from Quantum Computers in the future but can also be implemented on today’s classical computer systems to safeguard them from malicious attacks present in today`s environment,” said Andrew Cheung, President and CEO for 01 Communique. “We have announced our new direction of Post-Quantum Cryptography in June 2018. This new patent application is a very important milestone towards that.”
Our invention, as described in our patent application, relates generally to cryptographic systems and methods. More particularly, our 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 digital signing verification. Our cryptographic system is expected to protect our customers against the ever-evolving illegitimate and malicious means of gaining access to their data. A video about this invention will be posted on our web site soon.
The Company has identified a number of vertical markets that we believe will benefit from product offerings under development by the Company using our Post-Quantum Cyber Security technology. These markets include the encryption of email and files, digital signature (for example: blockchain operators), remote access / VPN vendors, cloud storage vendors, credit card security vendors, password management and those requiring increased web site security.
The first product the Company plans to release incorporating our patent-pending cryptographic system is an email/file encryption system targeted at consumers as well as businesses of all sizes. It is under development and scheduled to be available in our third quarter this year (May to July).
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.
About 01 Communique
Established in 1992, 01 Communique Laboratory Inc. (TSX-V: ONE) has always been at the forefront of technology. The Company’s legacy business provides its customers with a suite of secure remote access services and products. In early 2018 the Company began transitioning its business focusing on cybersecurity with the development and implementation of Post-Quantum Cryptography and Post-Quantum Blockchain technologies, which can be implemented on classical computer systems as we know them today while at the same time secure enough to safeguard against potential Quantum Computer attacks. The Company’s 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 visit the Company’s web site at www.01com.com
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SOURCE 01 Communique Laboratory Inc.