IBGH Innovative Beverage Group Holdings

Quantum Computing Inc. Supports State & Local Governments with COVID-19 Data Analysis

Quantum Computing Inc. Supports State & Local Governments with COVID-19 Data Analysis

Quantum-inspired Analytics Assist in the Detection and Prediction of Virus Transmissions and Spread

LEESBURG, Va., April 16, 2020 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (OTC:QUBT) (“QCI”), an advanced technology company developing quantum-ready applications and tools, announced today that the company is assisting state and local governments with analytic solutions to assist in the battle against the COVID-19 disease.

Quantum Computing Inc. is assisting Mayor Scott Conger and the city of Jackson, TN in their fight against COVID-19  by providing advanced analytic capabilities to track and predict the spread of the disease.  “QCI is working with delayed geo-location data combined with input provided by our local Jackson authorities to answer complex questions regarding trends related to the contacts, spread, and concentration of the virus.  We are able to see the impact of the mayor’s executive orders in reduced traffic at essential retail stores.  QCI’s analyses also help us plan precise steps to restart economic activity, when that is prudent, taking into account Jackson’s role as the commercial and healthcare hub for a 40-mile radius around it. This data can help provide evidence to support decisions and will help us identify when to changes in course are necessary,” stated Paul Taylor, city council member, city of Jackson.

The US government, alone, has allocated several billion dollars to attack the coronavirus and improve management of COVID-19 disease but critical activities occur at the state, county and city level. “Effective responses to mitigate the worst outcomes of the COVID-19 pandemic will require the expertise of the appropriate subject-matter and policy experts supported by advanced technologies to answer key questions quickly and accurately, based on the best available data,” stated Robert Liscouski, CEO, Quantum Computing Inc.  A key role for QCI is to enable the collaboration between such experts and local governments.  “QCI has a core value to accelerate the work of domain experts by enabling them to use proven and novel advanced quantum-inspired analytics. “For COVID-19, these approaches enable the characterization of the virus progression and prediction of likely outbreaks, with speed and accuracy not previously possible.  This includes analyzing pre-diagnosis activities and contacts,” stated Dr. Michael Liebman, QCI’s technical advisor on healthcare. “Timely contact tracing can help save lives in this crisis. QCI’s capabilities have tremendous value to governments in identifying emerging trends of the virus that will enable the government to allocate the appropriate resources in time and make decisions on staging a thoughtful and measured safe return to re-opening businesses and commercial operations,” added Dr. Liebman. “The city of Jackson is being very forward thinking and proactive by taking steps to ensure the public’s safety and health during this challenging time. We are confident that we can add significant value to the city of Jackson’s efforts and look for additional opportunities to contribute and collaborate,” added Liscouski.

QCI has developed applications to run on quantum computers such as anealers to provide quantum-ready business capabilities to companies today.  QCI recently announced the launch of its Quantum Asset Allocator, a hedge fund portfolio optimization application, and Mukai, QCI’s quantum application development platform and expects to announce additional products in Q2 of 2020.

About QCI:

Quantum Computing Inc. is a technology company focused on developing novel applications and solutions utilizing quantum and quantum-inspired computing to solve difficult problems in various industries. The Company is leveraging their collective expertise in finance, computing, security, mathematics, and physics to develop commercial applications for the financial, security, and government sectors.  For more information about QCI, please visit  or email us at .

Safe Harbor Statement: Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements as defined within 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 occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Quantum Computing, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this presentation that are not statements of historical fact may be considered to be forward-looking statements. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," “aim to”, or variations of these or similar words, identify 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, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company’s filings with the SEC.

Company Contact:

 

EN
16/04/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Innovative Beverage Group Holdings

 PRESS RELEASE

QCI CEO Discusses How Bridging Classical and Quantum Computing Can Del...

QCI CEO Discusses How Bridging Classical and Quantum Computing Can Deliver Business Value Today on The Scott Becker Private Equity Podcast LEESBURG, Va., July 12, 2021 (GLOBE NEWSWIRE) -- Robert Liscouski, CEO of  (QCI) (OTCQB: QUBT), joined acclaimed business thought leader, Scott Becker, on his popular , to discuss the increasing demand for quantum computing solutions by today’s businesses seeking better and new solutions to complex problems. The covered the emergence of QCI as the only public pure-play quantum software company, and its innovative approach to simplify quantum computin...

 PRESS RELEASE

QCI CEO Outlines Company Progress in Shareholder Letter

QCI CEO Outlines Company Progress in Shareholder Letter LEESBURG, Va., June 30, 2021 (GLOBE NEWSWIRE) -- (QCI) (OTCQB: QUBT), the leader in bridging the power of classical and quantum computing, today announced that it has issued a forward looking letter to shareholders pertaining to expansion of its quantum-ready software to commercial applications. The letter reviews the company’s achievements and offers a positive outlook on growth. A summary is below. QCI offers easily deployed quantum software solutions for some of the world’s most complex computational problems, with solutions des...

 PRESS RELEASE

Quantum Computing Inc. Enters 3-Year Agreement with Los Alamos Nationa...

Quantum Computing Inc. Enters 3-Year Agreement with Los Alamos National Laboratory in Exascale & Petascale Simulations Partnering to Solve Real World Graph Partitioning and Data Decomposition Problems that are Critical for National Security and more LEESBURG, Va., June 14, 2021 (GLOBE NEWSWIRE) -- (QCI) (OTCQB: QUBT), the leader in bridging the power of classical and quantum computing, today announced a three-year cooperative research and development agreement (CRADA) with (Los Alamos), a U.S. Department of Energy (DOE) multidisciplinary research institution and renowned computing pio...

 PRESS RELEASE

QCI Applies Quantum Software Across Six Business Segments

QCI Applies Quantum Software Across Six Business Segments QikStart Program applies quantum-ready computations to fraud detection, supply chain logistics optimization, vehicle routing, robotics automation, drug discovery and community detection LEESBURG, Va., May 14, 2021 (GLOBE NEWSWIRE) -- (OTCQB: QUBT) (QCI), the leader in bridging the power of classic and quantum computing, today announced advancements with major firms in building industry-specific quantum applications. The joint efforts are being driven by QCI’s, the company’s initiative to foster and develop practical applications...

 PRESS RELEASE

QCI to Present at Zooming with LD Micro on April 20, 2021

QCI to Present at Zooming with LD Micro on April 20, 2021 LEESBURG, Va., April 16, 2021 (GLOBE NEWSWIRE) -- (OTCQB: QUBT) (QCI), a leader in bridging the power of classical and quantum computing, has been invited to present at the Zooming with LD Micro virtual event on April 20, 2021. QCI is the first public pure-play company that accelerates the value of quantum computing for real-world business solutions. Robert Liscouski, QCI’s president and CEO, will participate in one-on-one meetings with investors and analysts during the conference and is scheduled to present on Tuesday, April 20 ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch