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Quantum eMotion Initiates Formal Action and Provides Update on Recent Statements by Terranova

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Quantum eMotion (QNCCF) has taken legal action against Terranova Defense Solutions following disputed statements about QeM's quantum-based communication security platform. The company has sent a formal demand letter requesting Terranova to correct its previous statements, ensure confidentiality of QeM's information, and cease making defamatory statements.

QeM emphasizes that Terranova never had access to their technology, making their claims unfounded. While Terranova has removed the statements in question, they have not responded to QeM's requests. The company maintains its focus on executing its business plan, including improving its patented technologies and pursuing commercialization efforts.

Quantum eMotion (QNCCF) ha intrapreso azioni legali contro Terranova Defense Solutions in seguito a dichiarazioni contestate riguardanti la piattaforma di sicurezza della comunicazione basata su quantum di QeM. L'azienda ha inviato una lettera di richiesta formale chiedendo a Terranova di correggere le sue precedenti affermazioni, garantire la riservatezza delle informazioni di QeM e cessare di fare affermazioni diffamatorie.

QeM sottolinea che Terranova non ha mai avuto accesso alla propria tecnologia, rendendo le loro affermazioni infondate. Sebbene Terranova abbia rimosso le dichiarazioni in questione, non ha risposto alle richieste di QeM. L'azienda mantiene il suo focus sull'esecuzione del proprio piano aziendale, inclusi il miglioramento delle sue tecnologie brevettate e l'inseguimento degli sforzi di commercializzazione.

Quantum eMotion (QNCCF) ha emprendido acciones legales contra Terranova Defense Solutions tras declaraciones disputadas sobre la plataforma de seguridad de comunicación basada en quantum de QeM. La empresa ha enviado una carta formal solicitando a Terranova que corrija sus declaraciones anteriores, garantice la confidencialidad de la información de QeM y cese de hacer declaraciones difamatorias.

QeM enfatiza que Terranova nunca tuvo acceso a su tecnología, haciendo que sus afirmaciones sean infundadas. Aunque Terranova ha eliminado las declaraciones en cuestión, no ha respondido a las solicitudes de QeM. La empresa mantiene su enfoque en ejecutar su plan de negocio, que incluye la mejora de sus tecnologías patentadas y el impulso de los esfuerzos de comercialización.

Quantum eMotion (QNCCF)는 Terranova Defense Solutions를 상대로 법적 조치를 취했습니다. 이는 QeM의 양자 기반 통신 보안 플랫폼에 대한 논란이 되는 주장들 때문입니다. 이 회사는 Terranova에 이전 주장들을 수정하고 QeM의 정보 비밀을 보장하며 명예를 훼손하는 발언을 중단할 것을 요구하는 공식적인 요구서를 보냈습니다.

QeM은 Terranova가 그들의 기술에 접근한 적이 없다고 강조하며, 따라서 그들의 주장은 근거 없는 것이라고 말합니다. Terranova는 해당 주장을 철회했지만, QeM의 요청에는 응답하지 않았습니다. 이 회사는 특허 기술을 개선하고 상업화 노력을 추구하는 것을 포함하여 사업 계획 실행에 집중하고 있습니다.

Quantum eMotion (QNCCF) a engagé des poursuites judiciaires contre Terranova Defense Solutions suite à des déclarations contestées concernant la plateforme de sécurité des communications basée sur le quantique de QeM. L'entreprise a envoyé une lettre de mise en demeure officielle demandant à Terranova de corriger ses précédentes déclarations, d'assurer la confidentialité des informations de QeM et de cesser de faire des déclarations diffamatoires.

QeM souligne que Terranova n'a jamais eu accès à sa technologie, rendant leurs affirmations sans fondement. Bien que Terranova ait retiré les déclarations contestées, elle n'a pas répondu aux demandes de QeM. L'entreprise reste concentrée sur l'exécution de son plan d'affaires, y compris l'amélioration de ses technologies brevetées et la poursuite de ses efforts de commercialisation.

Quantum eMotion (QNCCF) hat rechtliche Schritte gegen Terranova Defense Solutions eingeleitet, nachdem umstrittene Aussagen zur quantenbasierten Kommunikationssicherheitsplattform von QeM gemacht wurden. Das Unternehmen hat einen formellen Forderungsbrief an Terranova gesendet, in dem es fordert, dass Terranova seine vorherigen Aussagen korrigiert, die Vertraulichkeit von QeMs Informationen sichert und diskriminierende Aussagen unterlässt.

QeM betont, dass Terranova niemals Zugang zu ihrer Technologie hatte, was ihre Behauptungen unbegründet macht. Obwohl Terranova die fraglichen Aussagen zurückgezogen hat, haben sie nicht auf die Anfragen von QeM reagiert. Das Unternehmen bleibt darauf fokussiert, seinen Geschäftsplan umzusetzen, einschließlich der Verbesserung seiner patentierten Technologien und der Verfolgung von Kommerzialisierungsbemühungen.

Positive
  • Proactive legal action taken to protect intellectual property
  • Terranova has removed disputed statements about QeM's technology
Negative
  • Ongoing legal dispute could divert resources and management attention
  • Potential reputational impact from public disagreement with Terranova

Montreal, Quebec--(Newsfile Corp. - January 17, 2025) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM") wishes to provide an update regarding the disclosure made in its news releases dated January 2 and January 3, 2025 concerning statements made by Terranova Defense Solutions Inc. ("Terranova") about QeM's quantum-based communication security platform, which have since been removed.

In response to the situation, QeM, with the assistance of legal counsel, has taken formal action by sending a demand letter to Terranova. The letter requests that Terranova correct its previous statements and provide assurances regarding the confidentiality of QeM's information, as well as refraining from further defamatory statements. QeM reaffirms that Terranova did not have access to our technology, rendering their claims unsubstantiated.

Terranova has not provided any response to QeM's legitimate requests. We will continue to monitor the situation to ensure that it is resolved diligently.

QeM's focus remains on the execution of its business plan including the continuous improvement of its robust patented technologies and the commercialization efforts currently being deployed.

QeM will continue to keep the market informed of any material developments.

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 us at: info@quantumemotion.com.

Marc Rousseau, Chief Financial Officer
Tel: (514) 886-0045
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/237595

FAQ

What legal action has Quantum eMotion (QNCCF) taken against Terranova Defense Solutions?

QNCCF has sent a formal demand letter to Terranova requesting correction of previous statements, assurances of confidentiality, and cessation of defamatory statements.

How has Terranova responded to QNCCF's demand letter in January 2025?

Terranova has removed the disputed statements but has not provided any direct response to QNCCF's requests.

What is the nature of the dispute between QNCCF and Terranova Defense Solutions?

The dispute concerns statements made by Terranova about QNCCF's quantum-based communication security platform, which QNCCF claims are unsubstantiated as Terranova never had access to their technology.

What is QNCCF's current business focus amid the Terranova dispute?

QNCCF continues to focus on executing its business plan, improving its patented technologies, and pursuing commercialization efforts.

QUANTUM EMOTION CORP

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