20:58:44 EDT Thu 31 Oct 2024
Enter Symbol
or Name
USA
CA



Quantum Emotion Corp
Symbol QNC
Shares Issued 135,502,838
Close 2023-07-20 C$ 0.07
Market Cap C$ 9,485,199
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Quantum Emotion receives patent in Australia

2023-07-21 15:38 ET - News Release

Dr. Francis Bellido reports

QUANTUM EMOTION SECURES A GROUNDBREAKING PATENT IN AUSTRALIA FOR ITS METHOD AND SYSTEM OF GENERATING A RANDOM BIT SAMPLE

Quantum Emotion Corp. has provided an update on the issuance of a significant patent in Australia pertaining to quantum random number generation based on quantum tunnelling.

After a meticulous examination in accordance with Australian Law, the Commissioner of Patents has officially granted the patent, designated by No. 2018401978, valid for a duration of 20 years from the date of deposit.

Dr. Francis Bellido, chief executive officer of Quantum Emotion, expressed his enthusiasm regarding this momentous achievement: "We are truly thrilled with the recognition of our groundbreaking quantum technology patent in Australia. Given the nation's substantial investment in advancing quantum technologies and its prominent position in quantum communications, this is a major milestone for us. Australia's prominence in the cybersecurity domain adds further significance to the acknowledgment of our claim, representing a critical step towards global recognition of our foundational intellectual property. As we forge ahead with a well-defined commercial plan, this milestone holds profound importance for our valued shareholders, esteemed partners and prospective clients alike."

Currently, the company possesses two valuable patent families, spanning multiple countries and resulting in the issuance of several patents. The first patent family originated from research conducted at Sherbrooke University by Prof. Bertrand Reulet's esteemed team. This intellectual property was subsequently acquired by Quantum Emotion. The primary focus of the first patent family lies in the utilization of a monitored flow of electrons across a quantum tunnelling barrier, acting as a quantum random signal source. This technology serves as the foundation for generating random numbers. The second patent family emerged from Quantum Emotion's internal efforts to eliminate non-quantum noise from the quantum signal. This significant breakthrough ensures the complete authenticity and randomness of the generated numbers, solely based on quantum processes.

In recognition of his exceptional contributions as chief technology officer, Dr. Larry Moore has been awarded by the board of directors a grant of 500,000 options. Simultaneously, Dr. Bellido has been granted 609,737 options as per the terms of his contract.

About Quantum Emotion Corp.

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 (information technology) security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things, automotive, consumer electronics), and quantum cryptography.

We seek Safe Harbor.

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