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Quantum eMotion Corp V.QNC

Alternate Symbol(s):  QNCCF

Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It offers QRNG2, an USB key that delivers pure entropy at 1.8 Gb/s. Its QRNG2 technology is the quantum random number generator, which is used in consumer electronics. QNG2 provides security to mobile and Internet transactions, Internet of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. The Company offers Entropy-as-a-Service (EaaS) concept where a service provider delivers on-demand entropy through a cloud network. Its random number generator (QRNG2) utilizes quantum electron tunneling to produce truly random and unpredictable numbers. By integrating QRNG2 into the QxEaaS platform, it offers a range of on-demand entropy and IT security services for authorized devices. The platform distributes cryptographically secured keys and strings.


TSXV:QNC - Post by User

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Post by bringon10baggeron Jun 18, 2020 2:00pm
126 Views
Post# 31165872

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Quantum Numbers Corp. Provides Update on Filing of Q1 2020 Financial Disclosure

MONTREAL, June 18, 2020 (GLOBE NEWSWIRE) -- (TSXV:QNC) Quantum  Numbers Corp. (the "Corporation" or "QNC") Montral, Canada, an innovative developer of cryptographic solutions based on Quantum Random Number Generator (QRNG), provides an update with respect to filing of its interim financial statements and related MD&A for the three months ended March 31, 2020 (the "Required Q1 Filings"). The Corporation is providing this update in accordance with Decision No 2020-PDG-0023 of the Autorit des marchs financiers (Qubec) (the "Exemption").

The Corporation still intends to make the Required Q1 Filings by the end of June 2020.

Blackout in Effect for Management and Other Insiders

In accordance with the Corporation's Securities Trading Policy, the officers and directors of the Corporation and certain other persons will remain subject to a trading black-out pursuant to which such persons are prohibited from trading in any securities of the Corporation until such time the Required Q1 Filings are filed on SEDAR and a corresponding news release is issued by the Corporation.

Business Developments

There have been no material business developments since May 29, 2020, date of filing of the audited financial statements for the year ended December 31, 2019, a copy of which is available on SEDAR at www.sedar.com.

About Quantum Numbers Corp.

The Corporation's mission is to address the growing demand for affordable hardware security for connected devices. Visit our website at www.quantumnumberscorp.com


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