|Bid||0.2650 x 0|
|Ask||0.2700 x 0|
|Day's Range||0.2300 - 0.2800|
|52 Week Range||0.0300 - 0.4000|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
MONTREAL, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Quantum Numbers Corp. (“Quantum” or the “Corporation”) (TSX-V: QNC; OTCMKTS: QNCCF; F: 34Q) is pleased to announce its intention to commercialize its first QRNG product to address cybersecurity threats in the data centers, blockchain and Bitcoin industries. COVID-19 pandemic has exacerbated the need for better cybersecurity as a surge of incidences and cases of cybercrime have been observed across industries. Cybersecurity now dominates the strategic priorities of every organization and the global cybersecurity market is predicted to grow from $167.1B in 2019 to $248.26B by 2023, attaining a 10.4% CAGR, according to Statista. Cybersecurity is intrinsically part of the value propositions offered by data centers, blockchain and Bitcoin industries, which forces them to make extremely high usage of cryptography. Data centers are the back-up and recovery point for the critical and valuable data of any organization, and any security vulnerability could lead to catastrophic consequences. The nascent blockchain and cryptocurrencies industries, based on the deployment of distributed ledgers, also stands to be among the first to benefit from genuine quantum innovation as they rely on digitally signed transactions validated by cryptographic addresses that must ensure inviolability. These functions require very strong random number generation, which means high and immediately available entropy to avoid delays in transaction processing. Mr. Bertrand Reulet, Founder and Chief Technology Officer of Quantum, said: “Our patent-protected Quantum Random Number Generators (QRNG) provide ‘true’ randomness on the grounds that their randomness is due to inherently non-deterministic quantum phenomena which means data becomes ‘unhackable’.” Mr. Francis Bellido, Chief Executive Officer of Quantum, stated: "Our recent product management development points to a fast track go-to-market (GTM) strategy. In reviewing our product design and capabilities with a new vision, we are pivoting to a commercially viable product ahead of the originally planned CMOS implementation. This is groundbreaking and welcomed news for our investors as we move ahead of the planned GTM by a full year. In fact, our patent-protected Quantum Random Number Generators (QRNG) technology is perfect to address the cryptographic needs of the blockchain and Bitcoins revolution. Unlike other competitive technologies that depend on photonics physical properties, our QRNG is based on the quantum tunneling phenomenon created by electrons and show distinctive advantages in term of robustness, speed, scalability, and cost. In terms of device components, we are testing alternatives to CMOS chips that are widely available and adopted by our target markets. With successful test plans, I expect our first product to be available for commercialization by Q2 2021.” About Quantum The Corporation’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 Corporation 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 OfficerTel : 514.887.5469Email: firstname.lastname@example.orgWebsite: www.quantumnumberscorp.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.
22, 2021 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)Canada Economic Development for Quebec Regions invites media representatives to a chat during which the discussion will focus on issues, challenges and opportunities around regional economic development in a post-pandemic context.On this occasion, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for CED, will converse with Monique Leroux, Chair of the Industry Strategy Council of Canada; Véronique Proulx, President and CEO of Manufacturiers et Exportateurs du Québec; and Charles Milliard, President and CEO of the Fédération des chambres de commerce du Québec, on their vision and actions to be taken in the context of Quebec's economic recovery.
MONTREAL, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Quantum Numbers Corp. (“Quantum” or the “Corporation”) (TSX-V: QNC) announces that it has granted stock options in respect of an aggregate of 3,000,000 common shares. The Corporation has granted options in respect of an aggregate of 2,500,000 common shares to its chief executive officer, exercisable on or before February 2, 2024 at an exercise price of $0.14 per share. The first tranche of 1,250,000 options shall vest in stages over a period of 12 months with ¼ of the options vesting in each three-month period. The second tranche of 1,250,000 options shall vest based on the achievement of specific objectives set by the Board of Directors of Quantum. The Corporation has also granted options in respect of an aggregate of 500,000 common shares to one of its directors. The exercise price of the options is $0.14 per share. The options vest immediately and will expire on January 27, 2024. The options were granted under Quantum's stock option plan. About Quantum The Corporation'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 Corporation intends to target high profile verticals such as Healthcare Services and the technology is also applicable to 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 Tel : 514.887.5469 Email: email@example.com Website: www.quantumnumberscorp.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.