Quantum eMotion Advances Global Expansion with Team Canada Trade Mission to the Philippines
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has announced its participation in the Team Canada Trade Mission to the Philippines. The company aims to expand its quantum-secure solutions in the Philippine market, which features 81 million active e-wallet users and significant growth in IT, telecommunications, and financial services sectors.
The company highlights its technology's ability to provide affordable and scalable quantum security solutions, particularly targeting small and medium-sized enterprises. Additionally, QeM announced a change of auditor from KPMG LLP to Audacie Inc., effective December 5, 2024, with no modified opinions in previous audit reports.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) ha annunciato la sua partecipazione alla Missione Commerciale Team Canada nelle Filippine. L'azienda mira ad espandere le sue soluzioni di sicurezza quantistica nel mercato filippino, che vanta 81 milioni di utenti attivi di e-wallet e una crescita significativa nei settori IT, delle telecomunicazioni e dei servizi finanziari.
L'azienda sottolinea la capacità della sua tecnologia di fornire soluzioni di sicurezza quantistica accessibili e scalabili, mirando in particolare alle piccole e medie imprese. Inoltre, QeM ha annunciato un cambio di revisore da KPMG LLP a Audacie Inc., con effetto dal 5 dicembre 2024, senza opinioni modificate nei precedenti rapporti di audit.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) ha anunciado su participación en la Misión Comercial de Team Canada en Filipinas. La empresa busca expandir sus soluciones de seguridad cuántica en el mercado filipino, que cuenta con 81 millones de usuarios activos de billeteras electrónicas y un crecimiento significativo en los sectores de TI, telecomunicaciones y servicios financieros.
La empresa destaca la capacidad de su tecnología para proporcionar soluciones de seguridad cuántica asequibles y escalables, centrándose especialmente en las pequeñas y medianas empresas. Además, QeM anunció un cambio de auditor de KPMG LLP a Audacie Inc., efectivo a partir del 5 de diciembre de 2024, sin opiniones modificadas en los informes de auditoría anteriores.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF)는 필리핀으로의 Team Canada 무역 사절단에 참여할 것이라고 발표했습니다. 이 회사는 8,100만 명의 활성 전자 지갑 사용자와 IT, 통신 및 금융 서비스 분야에서의 상당한 성장이 특징인 필리핀 시장에서 양자 보안 솔루션을 확장할 계획입니다.
회사는 소규모 및 중간 규모 기업을 특히 겨냥하여, 저렴하고 확장 가능한 양자 보안 솔루션을 제공할 수 있는 기술의 능력을 강조합니다. 또한, QeM은 KPMG LLP에서 Audacie Inc.로 감사인을 변경한다고 발표했으며, 이는 2024년 12월 5일부터 효력이 발생하며, 이전 감사 보고서에 수정된 의견은 없습니다.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) a annoncé sa participation à la Mission Commerciale du Canada aux Philippines. L’entreprise vise à étendre ses solutions de sécurité quantique sur le marché philippin, qui compte 81 millions d’utilisateurs actifs de portefeuilles électroniques et un développement significatif dans les secteurs des technologies de l’information, des télécommunications et des services financiers.
L’entreprise souligne la capacité de sa technologie à fournir des solutions de sécurité quantique abordables et évolutives, en ciblant particulièrement les petites et moyennes entreprises. De plus, QeM a annoncé un changement de commissaire aux comptes, passant de KPMG LLP à Audacie Inc., effectif à partir du 5 décembre 2024, sans opinions modifiées dans les rapports d’audit précédents.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) hat seine Teilnahme an der Team Canada Handelsmission in die Philippinen angekündigt. Das Unternehmen zielt darauf ab, seine quantensicheren Lösungen auf dem philippinischen Markt auszubauen, der über 81 Millionen aktive E-Wallet-Nutzer verfügt und ein signifikantes Wachstum in den Bereichen IT, Telekommunikation und Finanzdienstleistungen aufweist.
Das Unternehmen hebt die Fähigkeit seiner Technologie hervor, kostengünstige und skalierbare Lösungen für quantensichere Sicherheit anzubieten, wobei besonders kleine und mittlere Unternehmen im Fokus stehen. Darüber hinaus gab QeM die Änderung des Wirtschaftsprüfers von KPMG LLP zu Audacie Inc. bekannt, die am 5. Dezember 2024 wirksam wird, ohne dass es in den vorherigen Prüfberichten zu modifizierten Meinungen gekommen ist.
- Strategic expansion into Philippines' growing market with 81 million active e-wallet users
- Technology positioned to serve underserved SME market segment
- Multiple business opportunities in telemedicine, blockchain, cryptocurrency, and finance sectors
- Change of auditor could signal internal changes requiring monitoring
The Company Implements a Change of Auditors
Montreal, Quebec and Manila, Philippines--(Newsfile Corp. - December 5, 2024) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM") is proud to announce its participation in the Team Canada Trade Mission (TCTM) to the Philippines, hosted by the Canadian Ministry of Export Promotion, International Trade and Economic Development.
As a pioneer in quantum-secure solutions, QeM's groundbreaking technology offers unparalleled performance, affordability, and scalability, making it the ideal choice for secure messaging and data protection across a wide range of industries.
"The Philippines, with its rapid economic growth, tech-driven industries, and high digital adoption, presents an exceptional market for our quantum-based solutions," stated Bernard Gibbs, QeM's consulting representative in the Philippines.
"The country's burgeoning IT, telecommunications, and financial services sectors are in critical need of advanced cybersecurity measures to protect their rapidly growing digital infrastructure. With approximately 120 million people and 81 million active e-wallet users, the Philippines has one of the highest rates of electronic transaction adoption in the Asia-Pacific region. These factors make it an ideal landscape for integrating QeM's quantum-based technology, which ensures secure data transmission and protects against both current and future cyber threats, including quantum computing attacks."
Gibbs emphasized the importance of timing, noting, "The Philippines is on the cusp of becoming one of the fastest-growing economies in the region. Its proactive approach to technological innovation and the government's focus on digital transformation align perfectly with QeM's mission to deliver cutting-edge, scalable, and affordable cybersecurity solutions. Our engagements here are a vital step in helping to fortify this nation's cybersecurity defenses."
"This trade mission is perfectly timed as Quantum eMotion transitions from groundbreaking innovation to full-scale commercialization," said CEO Francis Bellido. "Our quantum-based technology is uniquely designed to address a pressing need in today's cybersecurity landscape. With the rising demand for secure communication solutions, small and medium-sized enterprises (SMEs)—often the most vulnerable to hacker threats—face significant challenges in accessing affordable and high-performance security technologies. Our solution bridges this gap, delivering cutting-edge quantum security tailored to the needs of these underserved organizations.
"We are confident that our engagements during the TCTM will translate into meaningful partnerships and adoption of our quantum encryption technologies. As we expand our footprint in high-growth markets like the Philippines, we are driving forward our mission to redefine cybersecurity and deliver significant value to our shareholders," Bellido continued, "This mission is occurring at a fantastic time where the Company is engaged in several business opportunities, spanning critical sectors such as telemedicine, blockchain and cryptocurrency, and finance."
Change of auditor
The Company today announced a change of auditor from KPMG LLP (the "Predecessor Auditor") to Audacie Inc. (the "Successor Auditor"). The Predecessor Auditor has resigned as auditor of the Corporation effective 5 December 2024, at the request of the Corporation to facilitate the appointment of the Successor Auditor as successor auditor of the Corporation. The Board of Directors of the Corporation approved the appointment of the Successor Auditor to replace the Predecessor Auditor, effective 5 December 2024. There were no modified opinions in the Predecessor Auditor's audit reports relating to the fiscal years ended December 31, 2023, and 2022 or any subsequent period until its resignation date and there is no "reportable event" as such term is defined in Part 4.11 of National Instrument 51-102-Continuous Disclosure Obligations ("NI 51-102").
For more information, visit www.quantumemotion.com.
About QeM
The Company's mission is to address the growing demand for affordable hardware and software security for connected devices. QeM has become a pioneering force in classical and quantum cybersecurity solutions thanks to its patented Quantum Random Number Generator, a security solution that exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced protection for high-value assets and critical systems.
The Company intends to target 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 visit our website at https://www.quantumemotion.com/ or 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/232616
FAQ
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