Quantum Computing Inc. Submits Application for Nasdaq Uplisting Other OTC:QUBT

News Highlights: Quantum Computing Inc. Submits Application for Nasdaq Uplisting Other OTC:QUBT.

LEESBURG, Virginia, December 30, 2020 (GLOBE NEWSWIRE) – Quantum Computing Inc. (OTCQB: QUBT) (QCI), the first software platform bridging the power of classical and quantum computing for the company, has signed up to buy its common stock on the Nasdaq Capital Market®.

“As the leading exchange for emerging growth companies, we expect a listing on Nasdaq to strengthen our profile in the investment community and raise awareness of our leading Mukai ™ platform for quantum software, connectivity and execution,” said Robert Liscouski, CEO QCI. “We expect broader market participation will support greater liquidity for our shareholders, expand our base with retail and institutional investors and attract analysts. The timing is also ideal as we start to launch several new growth initiatives. ”

For QCI, these initiatives include growing sales and marketing to drive customer acquisition and increase business development activities with key industry partners including Splunk (NASDAQ: SPLK) and Meraglim. The company is also building on its professional service team to help customers develop quantum applications.

Mukai is the first software platform to provide performance benefits with quantum-ready applications running in a classic environment (Intel® or AMD processor-based). Best-in-class performance breakthrough was highlighted in a benchmark study published earlier this year. The company recently launched Mukai 3.0, which supports simple, direct connections to the widest selection of the world’s best quantum computers, including those from IonQ, D-Wave, IBM and Rigetti.

Developers and organizations can try Mukai today and discover first-hand how to migrate their existing applications to quantum-ready solutions and achieve superior performance in solving real-life problems, even when running their quantum-ready applications on classic computers.

“After the introduction of Mukai 3.0, our focus has been on connecting with new customers and creating real value for their businesses with hybrid quantum classic solutions,” added Liscouski. “Given the recent major advances in quantum computing and the unique way Mukai makes these powerful capabilities easily accessible, it is an exciting time for QCI and the industry.”

The acceptance of Nasdaq to list the company’s stock on the Nasdaq Capital Market is subject to approval based on several factors, including meeting minimum listing requirements. The company intends to comply with all applicable listing requirements; however, there can be no assurance that the application will be approved.

About Quantum Computing Inc. Quantum Computing Inc. (QCI) aims to develop new applications and solutions using quantum and quantum ready computing techniques to solve difficult problems in various industries. The company’s team of experts in finance, computer science, security, math, and physics is available to assist developers, businesses, and government agencies looking to harness the power of quantum computers to solve their challenging real-world problems.

Visit quantumcomputinginc.com for more information about QCI. For more information about Mukai 3.0 or to sign up for a free trial, contact John Dawson at trial@QuantumComputingInc.com or register online here.

Important Cautions Regarding Forward-Looking Statements This press release contains forward-looking statements as defined in 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 arise in the foreseeable future. Those statements include statements about the intent, belief or current expectations of Quantum Computing (“Company”) and members of management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that such forward-looking statements are not a guarantee of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated in such forward-looking statements.

The company assumes no obligation to update or revise forward-looking statements to reflect changed circumstances. Statements in this press release that are not descriptions of historical facts are forward-looking statements regarding future events, and as such, all forward-looking statements are made in accordance with the Securities Litigation Reform Act of 1995. Statements may include certain forward-looking statements regarding future expected or anticipated plans, performances and developments, as well as other statements regarding future activities and results. Any statements in this press release that are not statements of historical fact may be considered forward-looking statements. Words such as ‘can’, ‘will’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘plan’, ‘aim’, ‘goal’, ‘seek’, ‘try’, ‘strive’ to, ”Or variations of these or similar words indicate 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, expressly incorporated herein by reference, and other factors that may be periodically described in the Company’s filings. company with the SEC.

Mukai ™ and QuOIR ™ are trademarks of Quantum Computing Inc. Intel® is a registered trademark of Intel. All other trademarks are the property of their respective owners.

QCI Company Contact: Robert Liscouski, CEO + 1 (703) 436-2161info@quantumcomputinginc.com

Investor Relations Contact: Ron Both or Grant StudeCMA Investor Relations + 1 (949) 432-7566

Media Relations Contact: Seth Menacker Fusion Public Relations + 1 (201) 638-7561qci@fusionpr.com

Via: www.globenewswire.com

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