TORONTO, Oct. 2, 2018 /CNW/ - 01 Communique Laboratory Inc. (ONE:TSX-V) (the "Company") today announced it has entered into a Memorandum of Understanding with Hitachi Solutions Create, Ltd. to commence feasibility study of the Japanese market.

Under the terms of the agreement, Hitachi Solutions Create, Ltd. has agreed to undertake a market feasibility study in Japan with respect to 01 Communique's Post-Quantum-Cryptography ("PQ-Crypto") and Post-Quantum Blockchain ("PQBC") technologies and their impact on the various markets in Japan.

"We are in the process of developing PQ-Crypto and PQBC technologies which can be implemented on classical computers as we know them today and believe that Japan represents an excellent market opportunity for us beyond North America," said Andrew Cheung, President and CEO of 01 Communique. "We have had a long standing relationship with Hitachi Solutions Create, Ltd. and are confident in their ability to complete a thorough analysis of the market in Japan for our PQ-Crypto and PQBC technologies." 

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) provides its customers with a suite of secure remote access services and products. 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. The Company's 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.

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