Quantum Computing Inc. announces inclusion in Russell Microcap Index

Quantum Computing Inc.

Quantum Computing Inc.

LEESBURG, Virginia, June 28, 2022 (GLOBE NEWSWIRE) — Quantum Computing Inc. (“QCI” or the “Company”) (NASDAQ: QUBT), a leader in accessible quantum computing, has joined the Russell Microcap® Index, following the close of the 2022 Russell indices annual reconstitutioneffective June 27e

Membership in the Russell Microcap Index, which remains in effect for one year, means automatic inclusion in the appropriate growth and value style indices. FTSE Russell determines membership for its Russell indices primarily based on objective market cap rankings and style features.

“Participation in the Russell Microcap Index is another important milestone for QCI, following our recent acquisition from QPhoton to transform QCI into a full-stack quantum computing company,” said Robert Liscouski, CEO of QCI. “We believe this list indicates that we have reached an inflection point in terms of growth and development with the combination of our quantum software and hardware solutions. We welcome this increased visibility in the investment community as we continue to deliver value and results for non-quantum experts – and truly democratize quantum computing.”

Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. About $12 trillion in assets are compared to Russell’s US indices. Russell indices are part of FTSE Russell, a leading global index provider.

For more information on the Russell Microcap Index and the Russell Indices reconstitution, please visit the “Russell Reconstitution” section on the FTSE Russell website

About FTSE Russell
FTSE Russell is a global index leader providing innovative benchmarking, analysis and data solutions to investors around the world. FTSE Russell computes thousands of indices that measure and benchmark markets and asset classes in more than 70 countries, accounting for 98% of the global investable market.

The expertise and products of the FTSE Russell Index are widely used by institutional and retail investors around the world. About $20 trillion is currently compared to FTSE Russell indices. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indices to benchmark their investment performance and to create ETFs, structured products and index-based derivatives.

A core set of universal principles guide the design and management of the FTSE Russell index: a transparent, rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces IOSCO principles. FTSE Russell is also focused on index innovation and client partnerships as it aims to increase the breadth, depth and scope of its offerings.

FTSE Russell is wholly owned by the London Stock Exchange Group.

For more information visit www.ftserussell.com

About Quantum Computing Inc.
Quantum Computing Inc. (QCI) (NASDAQ: QUBT) is a full-spectrum quantum software and hardware company on a mission to increase the value of quantum computing for true business solutions. The company recently acquired QPhoton, a quantum photonics innovation company that has developed a suite of quantum photonic systems (QPS). The combination of QCI’s flagship, turn-key software product, Qatalyst™, with QPhoton’s QPS, puts QCI on the path to delivering a widely accessible and affordable full-stack quantum solution that can be used by non-quantum experts, everywhere, for real-world applications . QCI’s team of experts in finance, computer science, security, mathematics and physics has more than a century of experience with complex technologies; from advanced supercomputing to precision sensors and imaging technology to the security that protects countries. For more information about QCI, please visit: www.quantumcomputinginc.com

Important Cautions Regarding 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. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will arise in the near future. Those statements include statements regarding the intention, belief or current expectations of Quantum Computing Inc. (the “Company”), and members of management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results could differ materially from those contemplated in such forward-looking statements.

The company assumes no obligation to update or revise any forward-looking statements to reflect changed circumstances. Statements in this press release that are not descriptions of historical fact are forward-looking statements as to future events, and as such, all forward-looking statements are made in accordance with the Securities Litigation Reform Act of 1995. Statements may include certain forward-looking statements anticipated or anticipated plans, performance and developments, as well as other statements regarding future activities and results. Any statements in this press release that are not historical facts should be considered forward-looking statements. Words like “may”, “will”, “expect”, “believe”, “anticipate”, “estimate”, “intend”, “goal”, “objective”, “seek”, “attempt”, “striving” to “”, or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A of the Company’s Annual Report on Form 10-K, which is expressly incorporated herein by reference. and other factors that may be disclosed periodically in the Company’s filings with the SEC.

Qatalyst™ is the trademark of Quantum Computing Inc. All other trademarks are the property of their respective owners.

Company contact:
Robert Liscouski, CEO
Quantum Computing, Inc.
+1 (703) 436-2161
Email contact

Contact person for investor relations:
Ron Both of Grant Stude
CMA Investor Relations
+1 (949) 432-7566
Email contact

Media relations contact:
Seth Menacker
Fusion Public Relations
+1 (201) 638-7561
[email protected]

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