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01 Communique Confirms to Unusual Trading in its Common Shares

^{Published on 2011-03-09 12:25:39 - Market Wire}
 

TORONTO, March 9 /CNW/ - 01 Communique Laboratory Inc. (TSX:ONE) (the "Company") today announced that it has no knowledge of any material changes or developments relating to either its business or outstanding patent litigation that would cause today's significant decrease in the trading price of the Company's common shares.  The Company has been advised that the Toronto Stock Exchange will be reversing all trades which took place below $1.80.

As previously disclosed the Company has separate ongoing litigation matters currently outstanding against Citrix Systems, Inc. and LogMeIn both in respect of alleged breaches of the Company's patented intellectual property.  The Company has confirmed with its legal counsel handling these two matters that, to the best of their knowledge, there have been no material developments regarding either matter.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

About 01 Communique

Established in 1992, 01 Communique (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 #6928479 / #6938076. For more information, visit [ www.01com.com ] or call (905) 795-2888 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.