Fintech
Quantum eMotion Announces Acceptance of Its First-Generation Patent in China
Montreal, Quebec–(Newsfile Corp. – January 25, 2022) – Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) (“QeM” or the “Company”) Quantum eMotion is proud to announce that its first-generation patent on the quantum random number generation based on quantum tunnelling has now been issued in China.
In summary, upon examination and according to the Chinese Patent Law, the National Intellectual Property Administration, PRC (CNIPA) has granted the patent under the # ZL 2015800368834 for a duration of 20 years from the time of deposit.
Francis Bellido, QeM’s CEO, commented, “Considering the resources that China is investing in developing quantum technologies and the leadership it enjoys in quantum communications, we are really thrilled to have been granted this patent by the CNIPA. China is a key player in the cybersecurity space and its addition as a country that recognizes the uniqueness of our claim, constitutes a crucial business milestone and significant step towards global recognition of our foundational intellectual property. As we are entering 2022 with a clear plan to execute, this is also an important event for our shareholders, our partners and future clients.”
About QeM
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 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 : 514.956.2525
Email: info@quantumemotion.com
Website: www.quantumemotion.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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111430
