Quantum Computing Inc. Announcement – GuruFocus.com
LEESBURG, Va., June 28, 2022 (GLOBE NEWSWIRE) — Quantum Computing Inc. (“QCI” or the “Company”) (QUBT), a leader in accessible quantum computing, has joined the Russell Microcap® Index, following the conclusion of the 2022 Russell Indices annual replenishmentfrom June 27e.
Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indices. FTSE Russell determines the composition of its Russell indices primarily based on objective market capitalization rankings and style attributes.
“Joining the Russell Microcap Index represents another significant milestone for QCI, following our recent acquisition of QPhoton to transform QCI into a complete quantum computing company,” said Robert Liscouski, CEO of QCI. “We believe this list reflects the fact that we have reached an inflection point in terms of growth and development with the combination of our quantum software and hardware solutions. We welcome this increased visibility in the investment community as we continue to deliver value and results to non-quantum experts, truly democratizing quantum computing.
Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Around $12 trillion in assets are benchmarked against US Russell indices. Russell Indices are part of FTSE Russell, one of the world’s leading index providers.
For more information on the Russell Microcap Index and the reconstitution of the Russell indices, go to the “Russell Reconstruction” section of the FTSE Russell website.
About FTSE Russell
FTSE Russell is a global index leader providing innovative benchmarking, analytics and data solutions to investors around the world. FTSE Russell calculates thousands of indices that measure and compare markets and asset classes in over 70 countries, covering 98% of the global investment market.
The expertise and products of the FTSE Russell Index are widely used by institutional and retail investors around the world. Around $20 trillion is currently indexed to the FTSE Russell indices. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen the FTSE Russell indices to benchmark their investment performance and create ETFs, structured products and derivatives based on indices.
A set of universal principles guides the design and management of the FTSE Russell Index: a transparent rules-based methodology is informed by independent committees made up of leading market participants. FTSE Russell focuses on applying the highest industry standards in index design and governance and adheres to the principles of IOSCO. FTSE Russell is also focused on index innovation and client partnerships as it seeks to improve the breadth, depth and reach of its offering.
FTSE Russell is 100% owned by the London Stock Exchange Group.
For more information, visit www.ftserussell.com.
About Quantum Computing Inc.
Quantum Computing Inc. (QCI) (QUBT) is a full-spectrum quantum software and hardware company whose mission is to accelerate the value of quantum computing for real-world business solutions. The company recently acquired QPhoton, a quantum photonics innovation company that has developed a series of quantum photonic systems (QPS). The combination of QCI’s off-the-shelf flagship Qatalyst™ software with QPhoton’s QPS sets QCI on the path to providing a widely accessible and affordable complete quantum solution that can be used by non-quantum experts, anywhere, for real-world industrial applications. QCI’s team of experts in finance, IT, security, mathematics and physics has more than a century of experience with complex technologies; from cutting-edge supercomputing, 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 within the meaning of 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. These statements include statements regarding the intent, belief or current expectations of Quantum Computing Inc. (the “Company”) and its management, and the assumptions on which such statements are based. Potential investors are cautioned that these 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 these forward-looking statements.
The Company undertakes no obligation to update or revise any forward-looking statements to reflect changed terms. 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. may contain certain forward-looking statements. regarding anticipated or projected future plans, performance and developments, and other statements regarding future operations and results. All statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as “may”, “will”, “expect”, “believe”, “anticipate”, “estimate”, “intend”, “aim”, “aim”, “seek” , “attempts”, “aims 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 of the Company’s Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors that may be described from time to time in the documents filed by the company with the SECONDE.
Qatalyst™ is the trademark of Quantum Computing Inc. All other trademarks are the property of their respective owners.
Robert Liscouski, CEO
Quantum Computing, Inc.
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