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Spectral Capital Corporation Announces the Appointment of Paul Breitenbach as Independent Director

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Spectral Capital (OTCQB: FCCN) has appointed Paul Breitenbach as an Independent Director. Breitenbach, co-founder and former CMO of Priceline.com, has a strong background in technology and data analytics. Currently, he is the CEO of r4 Technologies, where he leverages AI to solve business challenges. He brings strategic vision and a focus on data as a foundational element in quantum computing to Spectral Capital. Sean Michael Brehm, Chairman, highlighted Breitenbach's experience and alignment with Spectral's mission. This move aims to drive innovation and market leadership in the quantum computing sector.

Positive
  • Appointment of Paul Breitenbach, a notable technology and data analytics expert, as Independent Director.
  • Breitenbach's past success includes co-founding Priceline.com and driving over $100 billion in shareholder value.
  • Breitenbach’s current role as CEO of r4 Technologies highlights his ongoing innovation in AI and data-driven solutions.
  • Strategic addition aligns with Spectral's mission to advance quantum computing technologies.
  • Potential for enhanced strategic vision and market leadership in quantum computing due to Breitenbach's expertise.
Negative
  • No immediate financial impact or specific business outcomes mentioned in the PR.
  • Potential risks associated with relying heavily on one individual's expertise and vision.

RIDGEFIELD, Conn., June 18, 2024 /PRNewswire/ -- Spectral Capital Corporation (OTCQB: FCCN), a technology accelerator specializing in the quantum computing sector, is pleased to announce the appointment of Paul Breitenbach to its Board of Directors as an Independent Director. With a distinguished career in technology, innovation and a passion for data, Mr. Breitenbach brings a wealth of experience and strategic vision to Spectral Capital.

Paul Breitenbach is widely recognized for his pivotal role as co-founder and former Chief Marketing Officer of Priceline.com, where he was instrumental in driving the company's success, leveraging data and mathematics to create over $100 billion in shareholder value. As the founder and CEO of r4 Technologies, he has continued to innovate in the art of refining data into valuable information, utilizing artificial intelligence to solve complex business challenges and enhance customer experiences.

Paul Breitenbach Quote: "I am thrilled to join Spectral Capital at such an exciting time in the quantum computing industry. Spectral's commitment to advancing cutting-edge technologies aligns perfectly with my passion for leveraging AI and data to drive innovation and growth. We share a common belief that data is the essential resource for all 10 pillars of quantum computing, serving as the foundation that powers this revolutionary technology. I look forward to working with the talented team at Spectral to help shape the future of analytics in quantum computing." – Paul Breitenbach, CEO & Founder r4 Technologies

Sean Michael Brehm Quote: "We are delighted to welcome Paul Breitenbach to our Board of Directors. His extensive experience in data analytics and AI technology, combined with his entrepreneurial spirit and strategic insights, will be invaluable as we continue to drive innovation in the quantum computing sector. Paul's belief in the foundational role of data for the quantum age aligns perfectly with our vision at Spectral. Together, we will leverage this essential resource to advance the 10 pillars of quantum computing and transform groundbreaking technologies into market-leading solutions." – Sean Michael Brehm, Chairman and Independent Director of the Board of Directors

With this strategic addition to its Board, Spectral Capital is poised to further its mission of empowering quantum computing ventures through innovative solutions and strategic investments. Mr. Breitenbach's expertise will be instrumental in guiding Spectral's portfolio companies toward utilizing data to its fullest potential and helping them grow and achieve market leadership.

About Spectral Capital Corporation: Spectral Capital Corporation (OTCQB: FCCN) is a publicly traded quantum technology incubator and accelerator company. The company provides venture building services to quantum computing companies, helping them harness groundbreaking technologies to solve complex business challenges. Spectral Capital empowers these ventures through its quantum bridge technological cloud platform and a team of industry-savvy advisors, aiming to shape the future of quantum computing.

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) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

For more information, please visit www.spectralcapital.com.

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SOURCE Spectral Capital Corporation

FAQ

Who was appointed as an Independent Director at Spectral Capital on June 18, 2024?

Paul Breitenbach was appointed as an Independent Director at Spectral Capital on June 18, 2024.

What is Paul Breitenbach's background?

Paul Breitenbach is a co-founder and former CMO of Priceline.com and the current CEO of r4 Technologies, with expertise in technology, AI, and data analytics.

What is the stock symbol of Spectral Capital ?

The stock symbol of Spectral Capital is FCCN.

How will Paul Breitenbach contribute to Spectral Capital?

Paul Breitenbach will bring strategic vision and expertise in data analytics and AI to help advance Spectral Capital's mission in quantum computing.

What sector does Spectral Capital specialize in?

Spectral Capital specializes in the quantum computing sector.

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