14:46:40 EDT Thu 16 May 2024
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Quantum Emotion Corp
Symbol QNC
Shares Issued 135,502,838
Close 2023-08-21 C$ 0.065
Market Cap C$ 8,807,684
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Quantum Emotion partner for DTx tech in Quebec

2023-08-21 12:25 ET - News Release

Mr. Francis Bellido reports

QUANTUM EMOTION REACHES A SUCCESSFUL COMMERCIALIZATION MILESTONE WITH ITS SENTRY-Q CYBERSECURITY PLATFORM

Quantum Emotion Corp. has noted a significant milestone in its journey toward the commercialization of its cloud-based Sentry-Q platform to address the unmet cybersecurity needs of modern telemedicine and digital health care.

Following Greybox Solutions' announcement last spring of a revenue-sharing commercial partnership with Quantum to strengthen the cybersecurity requisites of its innovative digital therapeutics (DTx) platform, Greybox has now been selected to implement, in the Quebec health care system, its cutting-edge solution for chronic diseases care, aiming to demonstrate enhanced patient services, experience and overall performance. Greybox was chosen on the base of its ability to meet technical and cybersecurity requirements, showcasing its tailored patient-focused solutions.

As the use of digital therapeutics becomes more widespread, the importance of cybersecurity in this context cannot be overstated. Cybersecurity is an essential component of the digital therapeutics landscape. By protecting patient data, ensuring treatment accuracy and maintaining platform reliability, cybersecurity measures contribute to the overall safety, efficacy and trustworthiness of digital therapeutic interventions. As the field continues to grow, investing in robust cybersecurity practices will be instrumental in realizing the full potential of digital therapeutics to transform health care.

Pierre Berube, chief executive officer of Greybox, commented: "I am thrilled by this opportunity. This marks a significant stride toward digital transformation in Quebec's health care system, paving the way for wider integration of digital therapies. Our DTx platform, originally developed in partnership with the Centre Hospitalier de l'Universite de Montreal (CHUM) and Boehringer Ingelheim Canada, has already demonstrated clinical superiority in the field of heart failure. In addition, it will be fortified with state-of-the-art cybersecurity, seamlessly incorporating QeM's Sentry-Q cybersecurity platform to ensure the utmost protection for our patients. These two key features will establish us as one of the world leaders in this space. Beyond Quebec and Canada, our company is also accelerating its commercial activities in Europe to provide effective care for patients with heart failure and other conditions such as diabetes, mental health and other complex chronic conditions."

"We are excited to announce this important milestone as we pave the way for the commercialization of our Sentry-Q cybersecurity platform," said Francis Bellido, CEO of Quantum. "This accomplishment is a testament to the hard work of our talented team, and the unwavering support of our partners and stakeholders. Strong cybersecurity is vital due to rising data breaches targeting patient records. Digital Therapeutics is pivotal in the booming telemedicine market, projected to reach $191.9-billion (U.S.) by 2026, driven by COVID-19's virtual health care adoption, remote patient monitoring, home health care demand and technological advancements. QeM has the vision to become a world leader in health care cybersecurity."

About Greybox Solutions

Greybox Solutions is a growing Montreal-based health technology company specializing in innovative software development to improve patients' lives. Its mission is to find digital transformation solutions to address health care system challenges and reduce the burden of managing chronic illnesses. Greybox distributes its digital health platform, TakeCare, to redefine the relationship between patients and their health care team.

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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