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.
For further information: INVESTOR CONTACT: Andrew Cheung, Chief Executive Officer, 01 Communique, (905) 795-2888 x206, [email protected]