Montreal, Quebec--(Newsfile Corp. - August 9, 2021) - Quantum eMotion Inc. (TSXV: QNC) (OTC Pink: QNCCF) (FSE: 34Q) ("QeM" or the "Company") is announcing the resignation of Luc Paquet pursuant to the nomination of Wayne Teeple to its Board of Directors.
Luc has been involved since the start of the Quantum eMotion endeavor and brought much insight and knowledge to the Company. Recently, Luc has decided to focus his energy on his new role as Chief development officer of Immune BioSolutions Inc., an innovative biotech company specialized in the discovery and engineering of humanized antibodies.
"I am very pleased to have been part Quantum eMotion's journey which is still at a very early stage. I have been convinced from the start on the potential of the technology developed at the University of Sherbrooke, and now more than ever I'm enthusiastic that the Company's technical development is on the right path. I will remain very attentive to the progress of QeM and wish the best of success to the team. I know that Wayne is bringing on-board in-depth knowledge in the field and he is a perfect fit to replace me on this robust board of directors."
Francis Bellido comments, "Luc was a valued member of this board of directors. His attention to details, his ethics and governance were assets to the board, and I want to thank him for his time and presence, as well as wish him great success in his new project."
Wayne Teeple will be receiving a grant of 500,000 options.
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 Healthcare Services industry while ensuring its technology is also relevant and applicable to others, such as Financial Services, 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 : 514.887.5469
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.
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