TORONTO, Sept. 26, 2018 /CNW/ - 01 Communique Laboratory Inc. (TSX-V:ONE) (the "Company") today announced the appointment of Ms. Joanna Ng to its board of directors, effective September 26, 2018. To make room for Ms. Ng on the Company's board of directors, Ms. Gigi Loo, who has been a board member since 1995, has resigned her seat as a member of the board of directors but remains with the Company in her role as Corporate Secretary and Controller.
Ms. Ng is based in Markham, Ontario. She recently left her role at IBM as the Cognitive Internet of Things, Strategy and Innovation Chair with IBM Watson to found Devarim Design focusing on solutions that provide users augmented cognitive assistance by integrating Blockchain, Artificial Intelligence and IoT using Design Thinking methodology. During her tenure with IBM Ms. Ng was granted forty-three patents and has filed twelve additional patent applications. She attained the accreditation of IBM Master Inventor and is the author of two books on computer science; "Smart Internet" (2010) and "Personal Web" (2013); plus over twenty academic papers, and held a seven year tenure as Head of Research, Director of Center for Advanced Studies for IBM Canada.
"I look forward to joining 01 Communique's board of directors as the Company moves forward with this exciting new direction," said Joanna Ng. "I share the Company's vision that business processes built on Blockchain technology will require improved security and believe Andrew along with his team have the capability to develop essential cybersecurity technology for real life Blockchain solutions."
"We very much appreciate Gigi volunteering her board seat to make it available to Joanna. Gigi's lengthy service of over 23 years has been exemplary and I am very pleased to have her continue in her role as Corporate Secretary and Controller. At the same time we would like to welcome Joanna to our board of directors," said William Train, Chair of the Board of Directors for 01 Communique. "Her vast knowledge in Blockchain and Artificial Intelligence will be of invaluable assistance to Andrew Cheung, our President and CEO, as we continue transitioning our Company to a leader in the field of Blockchain technology."
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.
Conference Call reminder:
A conference call is scheduled for Thursday September 27, 2018 at 4:00 PM.
Dial in number Local (416) 507-1616
Toll free 1-866-279-1594
The pass code when prompted is 893466
During the conference call the Company will provide an update on operations and provide an update on the new direction as well as answer any questions asked by participants.
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. Earlier in 2018 the Company has announced that it 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.
For further information: INVESTOR CONTACT: Andrew Cheung, Chief Executive Officer, 01 Communique, (905) 795-2888 x206, [email protected]