TORONTO, July 10, 2018 /CNW/ - 01 Communique Laboratory
Inc. (TSXV: ONE) (the "Company") today announced the appointment of
Jane Yang to its board of directors,
effective July 9, 2018.
Ms.Yang received her Honours B. Math (minor in Economics) at the
University of Waterloo. She has
recently worked at Digital Asset, a global leader in enterprise
blockchain technology, where she was instrumental in their growth
from 43 employees to over 100, helping facilitate their marquee
project with the Australian Securities Exchange (ASX), resulting in
a successful beta product. Ms. Yang is an active member of the
New York blockchain community and
is currently helping Lumenary, a New
York-based tech incubator, as they launch a blockchain
marketplace for alternative investments.
"We are delighted that Jane has agreed to bring her experience
and extensive knowledge in the area of blockchain technology to
help us build our company and increase shareholder value," said
William Train, Chair of the Board of
Directors for 01 Communique. "Andrew
Cheung, our President and CEO, is in the process of building
out his executive team and Jane will be an invaluable asset in
helping him as we move forward."
In addition to the appointment of Ms. Yang to the board of
directors the Company has granted stock options to Ms. Yang and
other members of its board of directors and executive management.
In total there were 550,000 stock options granted of which 250,000
were granted effective July 9, 2018
with an exercise price of $0.07 and
an expiry date of July 9, 2022 and
300,000 stock options were granted effective July 3, 2018 with an exercise price of
$0.07 and an expiry date of
July 3, 2022.
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. Today, the Company is
transitioning its business focusing on cybersecurity with the
development and implementation of a Post-Quantum Blockchain, 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
Cautionary Note Regarding Forward-looking Statements.
Certain statements in this news release may constitute
"forward-looking" statements which involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the company, or industry results, to
be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. When used in this news release, such statements use
such words as "may", "will", "expect", "believe", "plan", "intend",
"are confident" and other similar terminology. These statements
reflect current expectations regarding future events and operating
performance and speak only as of the date of this news
release. Forward-looking statements involve significant risks
and uncertainties, should not be read as guarantees of future
performance or results, and will not necessarily be accurate
indications of whether or not such results will be achieved. A
number of factors could cause actual results to differ materially
from the results discussed in the forward-looking statements,
including, but not limited to, the factors discussed under "Risk
and Uncertainties" in the company's Management`s Discussion and
Analysis document filed on SEDAR. Although the forward-looking
statements contained in this news release are based upon what
management of the Company believes are reasonable assumptions, the
company cannot assure investors that actual results will be
consistent with these forward looking statements. These
forward-looking statements are made as of the date of this news
release, and the company assumes no obligation to update or revise
them to reflect new events or circumstances.
SOURCE 01 Communique Laboratory Inc.