01 Communique Announces Corporate Updates and Name Change Proposal

The company is proposing a name change to reflect its evolving business model and expanded services.

The proposed name change aims to better align the company's brand identity with its current operations and future growth plans.

01 Communique has been working to diversify its offerings and expand its reach in the industry, and this name change is a key step in that process.

The company's leadership believes that the new name will help to clarify its position in the market and attract new customers.

As 01 Communique continues to innovate in the field of quantum-safe crypto assets, they're taking a strategic approach to ensure their technology stays ahead of the curve.

Their partnership with a leading cybersecurity firm is a key component of this strategy, leveraging the firm's expertise in cryptography and quantum computing to enhance 01 Communique's own offerings.

By doing so, 01 Communique is able to provide its customers with a more secure and reliable solution for protecting sensitive information.

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This collaboration is a testament to 01 Communique's commitment to staying at the forefront of emerging technologies and adapting to the evolving threat landscape.

The use of quantum-safe cryptography in 01 Communique's solutions is a critical aspect of this strategy, as it ensures that their technology will remain secure even in the face of increasingly sophisticated cyber threats.

By prioritizing quantum-safe cryptography, 01 Communique is able to provide its customers with a level of security that will protect them from potential future threats.

This forward-thinking approach has earned 01 Communique a reputation as a leader in the field of quantum-safe crypto assets.

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01 Communique has been at the forefront of innovation in the messaging platform space.

The company has been consistently updating its features to meet the evolving needs of its users. Its flagship product, 01, has been praised for its reliability and ease of use.

In 2020, 01 Communique announced a major update to its platform, introducing new features such as improved security and enhanced user experience.

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01 Communique is a Canadian company. They specialize in cyber security and technology. They're based in Mississauga, Ontario. I'm not familiar with the company, but it's interesting to learn about new businesses in Canada.

As the company continues to evolve, it's worth noting that 01 Communique Laboratory Inc has been focused on the development of Post-Quantum Cryptography (PQC) for some time. This technology is designed to operate on classical computer systems while safeguarding against cyber-attacks from quantum computers.

The company's IronCAP X is a quantum-safe end-to-end email encryption solution that ensures ultimate email privacy and sender authenticity to eliminate phishing. This solution is designed to protect against threats from quantum computers.

01 Communique Laboratory Inc has been providing IronCAP cryptographic engine to businesses of all sizes, allowing them to easily transform their systems to withstand threats from quantum computers. This is a significant step in the company's efforts to stay ahead of emerging threats.

The company also offers Zero-Trust secure remote access services and products, further expanding its offerings in the cybersecurity space.

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01 Communique has secured $511,500 in fresh capital through a non-brokered private placement.

The company issued a total of 1,705,000 new units, each priced at $0.30.

The investment was led by Tony G, demonstrating confidence in the company's PQC technology.

No finders' fees or commissions were paid, maximizing capital efficiency.

The share dilution resulting from this issuance is a significant 16.5% of the company's current outstanding shares.

The company has 102,319,554 common shares issued and outstanding.

The securities issued under the offering are subject to a four-month hold period that expires on October 7, 2025.

Here are the key details of the private placement:

The company plans to use the gross proceeds for sales and marketing, expanding investor outreach, and general working capital purposes.