Quantum eMotion Announces Key Participation in the London Stock Exchange, Live Investor Webinar, Defense & Security Innovation Showcase 30 August 2023, at 10:00 a.m. EDT

Montreal, Quebec--(Newsfile Corp. - August 29, 2023) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the "Company"). Quantum eMotion will be a key participant in the August 30, 2023 live streaming webinar with the London Stock Exchange.

This press release may contain forward-looking statements

This press release may contain forward-looking statements

This press release may contain forward-looking statements

Join us for an exciting live investor webinar showcasing the future of the defense and security industry. Quantum eMotion, an advanced technology developer leading the way towards a new generation of quantum-generated encryption for traditional and quantum-safe cybersecurity, will be one of three companies at the forefront of security solutions for modern world threats. Another presenter is a leading technology provider of AI-based next generation detection solutions for protecting high-traffic locations against prohibited weapons and other threats. Another participant will be a protective materials company engaging in the research, development, and commercialization of advanced, adaptive materials such as liquid armor, crucial for national defense and security industries. The link below will connect you live and the webinar will be available on the Quantum eMotion website after the event.

https://www.lsegissuerservices.com/spark/IDG/events/1d868557-b091-49cd-8242-47c853e56e6f

  1. This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described
  2. This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described
  3. This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described
  • This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described
  • This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described

About QeM

The Company's mission is to address the growing demand for affordable hardware security for connected devices. The patented solution for a Quantum Random Number Generator exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced security for protecting high value assets and critical systems.

The Company intends to target the highly valued Financial Services, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.
For further information, please contact:
Francis Bellido, Chief Executive Officer
Tel: 514.956.2525
Email: info@quantumemotion.com
Website: www.quantumemotion.com

Neither TSX Venture Exchange 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.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Corporation's periodic reports including the annual report or in the filings made by Quantum from time to time with securities regulatory authorities.

Quantum eMotion Joins the Hudson Institute in Washington, DC at the Presentation of its New Report on the Quantum Threat to the U.S. Financial System

Montreal, Quebec--(Newsfile Corp. - May 19, 2023) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the "Company") today announces its participation at the launch by the Hudson Institute's Quantum Alliance Initiative (QAI) of its new report on the Quantum threat to the U.S. Financial system.

The report highlights the potentially devastating consequences of a future quantum computer attack on the US financial system. It emphasizes the need for the Federal Reserve to take the quantum threat seriously, like the steps taken by the White House and federal government in their Zero-Trust Cybersecurity strategy.

The report indicates that a cascading quantum attack on major banks, the Federal Reserve, or stock exchanges could have calamitous effects on the US and global economy, possibly worse than the Great Depression. Quantum computers have the potential to decrypt public-key encryption, which is widely used in banking and other critical systems.

The report warns that the threat is undetectable and could persist for days or weeks, causing bank runs and significant financial failures. The estimated cost of a single quantum attack on a major US financial institution targeting the Fedwire Funds Service payment system ranges from $730 billion to $1.95 trillion. The overall impact of a quantum hack and its cascading effects could result in a decline in annual real GDP by 10% to 17%, leading to a six-month recession and indirect losses of $2 to $3.3 trillion. To address this threat, the report recommends adopting post-quantum cryptography standards, convening a Quantum Security Summit involving major banks, setting a deadline for all Federal Reserve banks to be quantum secure, and establishing a quantum security task force at the Fed. It emphasizes the urgency of taking action today to mitigate the risk posed by future quantum computers to the financial sector.

The report "Prosperity at Risk: The Quantum Computer Threat to the U.S. Financial System" can be downloaded at the following link: https://www.hudson.org/technology/prosperity-risk-quantum-computer-threat-us-financial-system

As a prominent U.S. think tank that has been influential in shaping public discourse and policy debates, the Hudson Institute has identified quantum computing and quantum cybersecurity as critical and strategic technologies with inevitable impact on national security and on the economy. Consistently, the creation of QAI helped to foster more urgency among the cybersecurity industry to establish necessary global standards for securing quantum communication.

Francis Bellido, CEO of Quantum eMotion, commented, "We are honored to have joined the Quantum Alliance and actively participating in its initiatives. In a few years QAI has developed itself in an international consortium of companies, government institutions, and universities with the mission to raise awareness and develop policies for the benefit of the Western world quantum ecosystem."

He added: "We believe our quantum-secure Sentry-Q communication platform and our Quantum-protected Blockchain wallet can play a significant role in controlling the threats facing traditional Financial Systems and new blockchain-based approaches used by Decentralized Finance (DeFi)."

About QeM

The Company's mission is to address the growing demand for affordable hardware security for connected devices. The patented solution for a Quantum Random Number Generator exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced security for protecting high value assets and critical systems.

The Company intends to target the highly valued Healthcare Services industry while ensuring its technology is also relevant and applicable to others, such as Financial Services, Cloud-Based IT Security Infrastructure, Classified Government Networks and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.

For further information, please contact:

Francis Bellido, Chief Executive Officer
Email: info@quantumemotion.com
Website: www.quantumemotion.com

Neither TSX Venture Exchange 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.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Corporation's periodic reports including the annual report or in the filings made by Quantum from time to time with securities regulatory authorities.

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Subjects

Post-Quantum Cybersecurity, QRNGs, Healthcare Cybersecurity, Quantum Computing

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