LEESBURG, Va., March 26, 2018 (GLOBE NEWSWIRE) -- Innovative Beverage Group Holdings, Inc. (OTC:IBGH) (the “Company”), today announced it is shifting business focus to quantum computing. In connection with this shift in strategic direction, the Company plans to change its name to “Quantum Computing Inc.” and has reserved the website www.quantumcomputinginc.com. The Company has filed the application with FINRA to change its name to Quantum Computing Inc., upon the approval of which it will be issued a new trading symbol.
Quantum Computing Inc. (“QCI”) is developing processes to commercialize quantum computing and application services. Quantum computers are expected to be faster, more powerful and capable of solving problems that existing computers cannot. Technology industry experts estimate the potential market for this new technology could be in excess of $10 Billion and anticipate quantum computing breakthroughs in finance, cyber security and medicine.
QCI has assembled a team of highly accomplished computing and security experts to build a Quantum Annealing Computer for applications in the financial and security industries. The Company has initial seed funding and is currently considering other funding options to advance development.
About Quantum Computing Inc.
Quantum Computing Inc. (“QCI”) is developing processes to commercialize quantum computing and application services. QCI has assembled a world class team of experts in super computing and security who are designing a quantum annealing computer capable of simulating the capabilities of a Quantum Computer. QCI’s initial focus will be the creation of quantum finance applications. To learn more, please visit www.quantumcomputinginc.com
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Contact: Quantum Computing Inc. Company Contact: Investor Relations