October 2, 2022

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Quantum Computing Inc. Unveils Software Breakthrough That Amplifies Quantum Laptop Processing Electric power By Up to 20x

Quantum Computing Inc.

QAmplify Maximizes Stop-Consumer Investment in Quantum Computing

LEESBURG, Va., June 07, 2022 (World NEWSWIRE) — Quantum Computing Inc. (“QCI” or the “Company”) (NASDAQ: QUBT), a chief in obtainable quantum computing, these days unveiled QAmplify, a suite of quantum software program systems that expands the processing power of any present quantum computer system by as substantially as 20x. QAmplify is able of supercharging any quantum laptop to remedy actual-globe sensible organization troubles today. The Business is actively doing the job with consumers and companions in scaling the amplification abilities of its ready-to-operate Qatalyst program, which is designed to eradicate the require for advanced quantum programming and runs seamlessly across a wide range of quantum pcs. QCI has filed for patents on QAmplify technological innovation.

At this time there are two key technological innovation ways that provide a large vary of capabilities spanning the present Quantum Processing Device (“QPU”) components landscape gate design (e.g. IBM, IonQ, Rigetti, OQC, etcetera.) and annealing (e.g. D-Wave) quantum personal computers. Both are confined in the dimension of difficulties (i.e., range of variables and complexity of computations) they can system. For illustration, gate products can generally system from 10-120 data variables, and annealing devices can procedure somewhere around 400 variables in a straightforward trouble established. These small dilemma sets limit the measurement of the issues that can be solved by today’s QPUs, restricting businesses’ potential to examine the price of quantum computing.

QCI’s patent-pending QAmplify suite of highly effective QPU-enlargement program systems overcomes these worries, radically growing the problem established measurement that each and every can method. The QAmplify gate model expansion’s shown abilities have been benchmarked at a 500% (5x) raise and the annealing growth has been benchmarked at up to a 2,000% (20x) boost.

QAmplify maximizes stop-consumer expenditure in latest QPUs by permitting quantum customers to completely transform from science experiments to solving serious-globe difficulties without ready for the quantum hardware business to capture up. For instance, in conditions of authentic-planet apps, this signifies that an IBM quantum laptop with QAmplify could clear up a problem with around 600 variables, versus the latest restrict of 127 variables. A D-Wave annealing pc with QAmplify could solve an optimization with above 4,000 variables, as opposed to the present restrict of 200 for a dense matrix challenge established.

“It is central to QCI’s mission to produce realistic and sustainable value to the quantum computing business,” explained William McGann, Chief Working and Technological know-how Officer of QCI. “QCI’s progressive program options produce expansive compute capabilities for today’s point out-of-the-artwork QPU techniques and present excellent upcoming scalability as individuals technologies regularly progress. The use of our QAmplify algorithm in the 2021 BMW Team Quantum Computing Obstacle for auto sensor optimization provided proof of efficiency by increasing the productive functionality of the annealer by 20-fold, to 2,888 qubits.”

To master additional about QCI and how Qatalyst can provide final results for your company today, take a look at www.quantumcomputinginc.com.

About Quantum Computing Inc.
Quantum Computing Inc. (QCI) (NASDAQ: QUBT) is a total-spectrum quantum application and hardware business on a mission to accelerate the value of quantum computing for actual-earth business enterprise options. The business recently announced its intent to receive QPhoton, a quantum photonics innovation business that has developed a series of quantum photonic devices (QPS). The mixture of QCI’s flagship completely ready-to-operate software package item, Qatalyst, with QPhoton’s QPS, sets QCI on a path to delivering a broadly obtainable and affordable full-stack quantum solution that can be applied by non-quantum gurus, wherever, for true-planet market applications. QCI’s qualified team in finance, computing, stability, mathematics and physics has in excess of a century of experience with intricate technologies from major edge supercomputing, to massively parallel programming, to the stability that protects nations. Connect with QCI on LinkedIn and @QciQuantum on Twitter. For extra data about QCI, pay a visit to www.quantumcomputinginc.com.

Essential Cautions About Forward-Seeking Statements
This press release contains forward-seeking statements as described inside Section 27A of the Securities Act of 1933, as amended, and Portion 21E of the Securities Trade Act of 1934, as amended. By their mother nature, ahead-wanting statements and forecasts involve pitfalls and uncertainties mainly because they relate to events and depend on circumstances that will come about in the close to long run. Individuals statements consist of statements with regards to the intent, belief or present expectations of Quantum Computing Inc. (the “Company”), and associates of its management as very well as the assumptions on which this kind of statements are based mostly. Future buyers are cautioned that any such forward-seeking statements are not guarantees of long term overall performance and contain challenges and uncertainties, and that true success may perhaps differ materially from all those contemplated by this kind of ahead-wanting statements.

Statements in this press release that are not descriptions of historic facts are ahead-searching statements relating to foreseeable future situations, and as these kinds of all ahead-searching statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may well have specific forward-looking statements pertaining to potential expected or projected strategies, overall performance and developments, as well as other statements relating to long run operations and effects. Any statements in this push launch that are not statements of historical actuality could be deemed to be forward-wanting statements. Words these types of as “may perhaps,” “will,” “be expecting,” “believe,” “foresee,” “estimate,” “intends,” “target,” “aim,” “look for,” “endeavor,” “aim to,” or versions of these or comparable phrases, determine ahead-wanting statements. This kind of statements include things like statements pertaining to the Company’s potential to consummate its planned acquisition of QPhoton, the predicted gains of these kinds of acquisition, and the Company’s capability to productively create, sector and promote its products. Components that could result in actual benefits to vary materially from people in the ahead-on the lookout statements contained in this press launch incorporate, but are not minimal to, the parties’ probable incapacity to consummate the proposed transaction, which include as a result of a failure to satisfy closing ailments to the proposed transactions dangers that QPhoton will not be integrated correctly failure to know anticipated benefits of the combined operations probable litigation relating to the proposed transaction and disruptions from the proposed transaction that could harm the Company’s or QPhoton’s company potential to keep key staff the possible affect of announcement or consummation of the proposed transaction on associations with 3rd get-togethers, together with shoppers, personnel and opponents problems in the funds markets and people threats explained in Product 1A in the Company’s Yearly Report on Variety 10-K for the calendar year finished December 31, 2021, which is expressly incorporated herein by reference, and other things as may perhaps periodically be explained in the Company’s filings with the SEC. The Business undertakes no obligation to update or revise ahead-wanting statements to reflect changed conditions.

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

Corporation Get in touch with:
Robert Liscouski, CEO
Quantum Computing, Inc.
+1 (703) 436-2161
Electronic mail Get in touch with

Trader Relations Get hold of:
Ron Each or Grant Stude
CMA Trader Relations
+1 (949) 432-7566
E mail Get hold of

Media Relations Get in touch with:
Seth Menacker
Fusion Public Relations
+1 (201) 638-7561
[email protected]