TORONTO, July 16, 2014 /CNW/ - 01 Communique (TSX:ONE)
announced that it has received conditional approval from the TSX
Venture Exchange ("TSX-V") for the listing of its Common Shares. It
is anticipated that the first day of trading on the TSX-V will be
on or about July 31, 2014 and the
last day of trading on the Toronto Stock Exchange ("TSX") will be
the day before trading commences on the TSX-V. The trading symbol
for the Company will remain the same, which is
ONE.
As previously announced on March 14,
2014 the Company received notice from the TSX that the TSX
was reviewing the Common Shares of the Company with respect to
meeting the continued listing requirements. Specifically the TSX
reviewed the Company, under Section 710 (b) of the TSX Company
Manual, with respect to having total assets of $3.0 million or annual revenue of $3.0 million in the most recent year. The Company
was granted 120 days in which to regain compliance with these
requirements, pursuant to the Remedial Review Process. The Company
does not meet those requirements and as such applied for and has
received conditional approval from the TSX-V for the listing of its
Common Shares.
About 01 Communique
Established in 1992, 01 Communique
Laboratory Inc. (TSX: ONE) offers a suite of remote access services
designed for small-medium sized business, mobile professionals and
IT service providers. 01's software as a service offerings are
deployed on-demand and include functionality enabling on-line
meetings, remote computing and IT support. 01's suite of products
includes its remote access offering I'm InTouch
(www.imintouch.com), its online meeting offering
(www.imintouchmeeting.com) and its remote support offering I'm
OnCall (www.imoncall.com) products are protected in the
U.S.A. by its patents #6,928,479 /
#6,938,076 / #8,234,701 and in Canada by its patents #2,309,398 / #2,524,039
and Japan by its patent
#4,875,094. For more information, visit www.01com.com or call
(905) 795-888 or (800) 668-2185 (North
America only).
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 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.
SOURCE 01 Communique Laboratory Inc.