Applies Technology, Resources, and Funding to Advance Business Adoption in Technology and Science
LEESBURG, Va., Jan. 26, 2021 (GLOBE NEWSWIRE) — Quantum Computing Inc. (OTCQB: QUBT) (QCI), the leader in bridging the power of classic and quantum computing, today unveiled its QikStart™ Program. The program partners QCI with selected participants to accelerate the adoption of quantum computing for solving mission-critical problems for business.
QikStart will provide access to QCI’s industry-leading quantum acceleration platform, expert resources, and funding to explore and push the boundaries of quantum computing for delivering practical business results. QCI focuses on solving a set of some of the most complex computational problems, known as constrained optimization. Solutions to these problems optimize critical applications for business such as supply chain, logistics, drug discovery, cybersecurity, transportation and others.
“The goal of QCI’s QikStart program is to collaborate with business partners to accelerate the time to quantum advantage,” said Robert Liscouski, CEO at QCI. “We’re putting our time and resources behind this momentous effort to deliver quantum solutions that will contribute to, and ultimately surpass, the performance and quality of classic computing.
“By delivering affordable, practical solutions for non-quantum programming experts, we’ve taken a giant step in democratizing quantum computing. The real-world use cases we expect to develop under this program will demonstrate how businesses of all kinds can drive competitive advantages right now by leveraging powerful quantum techniques.”
Quantum computing has the potential to solve some of the most intractable business problems in the coming years. However, businesses that are exploring the adoption of quantum computing must consider significant software development costs, access to expensive quantum-skilled resources, and other shifts associated with an entirely new computing paradigm.
QCI is now empowering businesses to take advantage of affordable, practical business solutions with its quantum acceleration platform, which gives non-quantum experts access to the power of quantum techniques with no need for specialized training. The platform extends current computing investments with quantum-ready applications that can be applied to enhance the quality and performance of today’s classic computing systems, with no new programming.
Participants will have the opportunity to collaborate directly with QCI’s industry partners, major universities and others. This expanded access to valuable quantum resources and experts in the fields of science, mathematics, security, technology, and business processes will serve to further accelerate quantum endeavors.
QCI’s chief technology officer, Mike Booth, will be leading the QikStart Program. He previously spent 20 years at Cray Research and five years at Silicon Graphics before joining D-Wave Systems, the world’s first commercial supplier of quantum computers, where he developed advanced qbsolv and benchmarking algorithms. His deep experience and understanding of how quantum computing can add value to critical business solutions is a significant advantage to companies interested in participating in the program.
“I’m excited about this important new initiative,” stated Booth. “We strongly believe that business users have a need for quantum-assisted solutions. We also know that the complexity of quantum has the potential to limit business’ ability to use it. That’s why we created QCI and that’s what the QikStart Program is focused on solving. We are making quantum techniques and applications available for businesses right now.”
To learn more or to apply for the QikStart Program, please contact Mike Booth at QikStart@QuantumComputingInc.com.
About Quantum Computing Inc.
Quantum Computing Inc. (OTCQB: QUBT) (QCI) is focused on accelerating the value of quantum computing for real-world business solutions. The company has developed the first platform to bridge the power of classical and quantum computing, hiding complexity and empowering SMEs to solve complex computational problems today. QCI’s expert team in finance, computing, security, mathematics and physics has over a century of experience with complex technologies; from leading edge supercomputing innovations, to massively parallel programming, to the security that protects nations. For more information about QCI, visit www.quantumcomputinginc.com.
Important Cautions Regarding Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Quantum Computing (“Company”), and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,” “intends,” “goal,” “objective,” “seek,” “attempt,” “aim to,” or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in the Company’s Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company’s filings with the SEC.
Robert Liscouski, CEO
Quantum Computing, Inc.
+1 (703) 436-2161
Investor Relations Contact:
Ron Both or Grant Stude
CMA Investor Relations
+1 (949) 432-7566
Media Relations Contact:
Fusion Public Relations
+1 (201) 638-7561
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