QCI Launches Free Software That Enables Quantum Computing Annealing Customers to Easily and Rapidly Run 10,000-Variable Quantum Computing Problems

QCI Launches Free Software That Enables Quantum Computing Annealing Customers to Easily and Rapidly Run 10,000-Variable Quantum Computing Problems

Quantum Computing Inc.

Quantum Computing Inc.

Translate QUBO issues into equations that may be solved by QCI’s main Dirac 1 Entropy Quantum Computing (EQC) system

LEESBURG, Va., Nov. 22. 2022 (GLOBE NEWSWIRE) — Quantum Computing Inc. (QCI) (NASDAQ: QUBT ), a pacesetter in accessible full-stack quantum options, in the present day introduced that the corporate has launched free software program that can allow D-Wave clients to quickly resolve their quadratic unconstrained binary optimization (QUBO) issues translating into Hamiltonian equations which may then be solved by QCI’s main Dirac 1 Entropy Quantum Computing (EQC) system. Using Dirac 1, QCI gives quantum glow customers with the power to quickly resolve real-world enterprise issues of up to 10,000 variables.

“We recognize, based on market feedback, that users of quantum technologies are frustrated by their inability to solve problems at business-relevant scale,” mentioned Dr. William McGann, QCI COO and CTO. “We consider our resolution is a sport changer for quantum glow customers, who have been beforehand restricted to issues of small sizes. Now, as a substitute of determining the utmost, they will translate their present QUBOs into Hamiltonian processes in a couple of minutes, develop the issues as wanted, and resolve them with Dirac 1.

He added, “We believe that the methodology and core technology underlying QCI’s Entropy Quantum Computer provides a significant advantage over other quantum-inspired technologies in the ability to provide optimized solutions to dense, complex problems, at a scale that is relevant is for real-world businesses today.”

Dirac 1, QCI’s first commercially available EQC system, solves real business problems using quantum photonics effects. This advanced proprietary technology supports full-stack quantum solutions that enable customers to run complex optimization problems on a stable, room-temperature, desktop platform. The system is available through a online subscription service offered directly by QCI.

For more information about QCI and its full stack of quantum solutions, visit www.quantumcomputinginc.com.

About Quantum Computing Inc.
Quantum Computing Inc. (QCI) (NASDAQ: QUBT ) is a full-stack quantum software and hardware company with a mission to accelerate the value of quantum computing for applications in real-world industry, delivering the future of quantum computing today. The combination of QCI’s flagship ready-to-use software product, Catalyst with its leading Entropy Quantum Computing (EQC) system, Dirac 1, provides a widely accessible and affordable enterprise quantum solution capable of solving real business problems now. QCI’s expert team in finance, computing, security, mathematics and physics has more than a century of combined experience with complex technologies; from cutting-edge supercomputers, to precision sensors and imaging technology, to the security that protects nations. For more information on QCI, visit www.quantumcomputinginc.com.

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 occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Quantum Computing Inc. (the “Company”) 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. regarding future expected or projected plans, performance and developments, as well as other statements regarding future operations and results. Any statements in this press release that are not statements of historical fact may be considered forward-looking statements. Words such as “might”, “will”, “count on”, “consider”, “count on”, “estimate”, “intend”, “objective”, “goal”, “search”, “try”, “try to , ” or variations of those or comparable phrases, determine forward-looking statements. These dangers and uncertainties embrace, however should not restricted to, these described in Item 1A of the Company’s Annual Report on Form 10-Ok, that are expressly included herein by reference, and different elements that could be described periodically within the Company’s filings with the SEC.

Qatalyst™ is the trademark of Quantum Computing Inc. All different emblems are the property of their respective house owners.

Company contact:
Robert Liscouski, CEO
Quantum Computing, Inc.
+1 (703) 436-2161
Email Contact

Investor Relations Contact:
Ron Both of Grant Stude
CMA Investor Relations
+1 (949) 432-7566
Email Contact

Media Relations Contact:
Seth Menacker
Fusion Public Relations
+1 (201) 638-7561
[email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *