/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES/
TORONTO, March 21 /CNW/ - 01 Communique Laboratory Inc. (the "Company")
(TSX: ONE - www.01com.com), a leading remote access solutions provider, is
pleased to announce today that it has completed its previously announced
public offering (the "Offering") of 9,050,000 common shares at a purchase
price of $0.50 per common share for gross proceeds of $4,525,000. The Offering
was fully subscribed and completed by way of a short form prospectus filed in
the provinces of Ontario and Alberta. The exclusive agent for the Offering was
Evergreen Capital Partners Inc.
The common shares have not been registered under the United States
Securities Act of 1933 and may not be offered or sold in the United States, or
to a U.S. person, absent registration, or an applicable exemption there from.
The Toronto Stock Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
About 01 Communique Laboratory Inc.
Established in 1992, the Company (TSX: ONE) is an innovative force in the
development and delivery of remote access and support products and integrated
communications software. The Company's suite of products includes its remote
access product line I'm InTouch (www.imintouch.net) and its remote support
product I'm OnCall (www.imoncall.com). For more information on its products,
visit www.01com.com or call (905) 795-2888 or (800) 668-2185 (North America
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 Factors" in the company's Annual Information
Form 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.
For further information:
For further information: Company contact: Mr. Brian Stringer, Chief
Financial Officer, firstname.lastname@example.org, (905) 795-2888, ext. 204