QeM Celebrates as Partner Greybox Solutions Clinches Prestigious Innovation Award for Digital Therapeutic Platform

Rhea-AI Summary

Quantum eMotion Corp. (QeM) (TSXV: QNC) (OTCQB: QNCCF) and its partner Greybox Solutions were honored with a prestigious award at the 2023 ADRIQ Innovation Awards Gala for their Continuum project. The award recognizes the innovative strides made in digital therapeutics, highlighting QeM's groundbreaking security platform, Sentry-Q, and Greybox Solutions' success in deploying its remote patient monitoring and digital therapeutics platform for heart failure outpatients.

Montreal, Quebec--(Newsfile Corp. - November 24, 2023) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the "Company") is thrilled to announce that Greybox Solutions, in collaboration with its partners in the Continuum project (CHUM, Medtech, and Bohringer Ingelheim Canada Ltd), has been honored with a prestigious award at the 2023 ADRIQ Innovation Awards Gala hosted by the Association des directeurs de recherche industrielle du Québec.

The esteemed recognition underscores the outstanding achievements of the Continuum project, highlighting the innovative strides made in the field of digital therapeutics. Conveying his enthusiasm for Greybox Solutions' merited accolade, Francis Bellido, CEO of Quantum eMotion, underscored the paramount significance of superior cybersecurity in fortifying the protection of sensitive patient data amidst the rising tide of data breaches.

Bellido highlighted QeM's groundbreaking security platform, Sentry-Q, as a state-of-the-art cybersecurity technology. Comprising a QRNG2 (Quantum Random Numbers Generator), EaaS (Entropy as a Service), and a Crypto-library, Sentry-Q stands as a formidable guardian, ensuring the highest levels of protection for patient healthcare data. This recognition not only applauds the innovative prowess of Greybox Solutions but also underscores the commitment of QeM to advancing secure healthcare technologies.

The award follows closely on the heels of Greybox Solutions' recent success in deploying its remote patient monitoring and digital therapeutics platform (DTx) to treat heart failure outpatients. This groundbreaking achievement not only validates the platform's efficacy but also positions it for commercial success. Francis Bellido remarked, "This is very good news for QeM, as our commercial agreement with Greybox is based on a revenue-sharing model."

As healthcare continues to evolve with digital solutions, the partnership between QeM and Greybox Solutions remains at the forefront of driving innovation. The ADRIQ Innovation Award serves as a testament to the collaborative efforts and groundbreaking advancements in digital therapeutics, further solidifying the position of QeM and Greybox Solutions as leaders in the healthcare technology landscape.

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 Financial Services, Healthcare, Blockchain Applications, 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: 514.956.2525
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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/188625

FAQ

What is the name and ticker symbol of the company mentioned in the press release?

Quantum eMotion Corp. (QeM) (TSXV: QNC) (OTCQB: QNCCF)

What award did Quantum eMotion Corp. and Greybox Solutions receive at the 2023 ADRIQ Innovation Awards Gala?

They were honored with a prestigious award for their Continuum project.

What is the name of QeM's groundbreaking security platform mentioned in the press release?

Sentry-Q

What recent success did Greybox Solutions achieve with its platform?

They deployed their remote patient monitoring and digital therapeutics platform to treat heart failure outpatients.

What is the commercial agreement between Quantum eMotion Corp. and Greybox Solutions based on?

It is based on a revenue-sharing model.