• Alcohol screening and monitoring solutions provider SOBRsafe recently closed on a private placement, which raised $8.2 million in gross proceeds
• The company plans to use the net proceeds from the private placement for working capital and general corporate purposes, including possibly boosting its expansion efforts
• With an ongoing national marketing campaign, SOBRsafe is presenting its revolutionary alcohol screening and monitoring technologies to 45,000 behavioral health providers in the U.S.
• In addition, the company initiated sales activities in Australia and New Zealand through a partnership with a channel partner, and is partnering with companies in India and Italy for proof-of-concept installations of SOBRcheck(TM) or SOBRsure(TM)

SOBRsafe (NASDAQ: SOBR), a provider of next-generation transdermal alcohol screening and monitoring solutions, recently raised $8.2 million in gross proceeds from a private placement with certain institutional investors. The company expects to use the net proceeds from the offering for working capital and general corporate purposes (https://ibn.fm/xM074).

The closing of this offering, announced on October 9, came amid the company’s ongoing expansion efforts, with some of the proceeds expected to boost these initiatives. In August, SOBRsafe launched a national campaign that seeks to introduce the company’s technology offerings – the SOBRcheck(TM) stationary alcohol screening device, the SOBRsure(TM) discreet alcohol monitoring wristband, and the SOBRsafe(TM) software platform powering reporting – to behavioral health providers and, as a result, drive sales growth into 2025.

The company aims to present its technology to over 45,000 decision-makers in the behavioral health space, having partnered with recognized leaders in public relations and digital and social media marketing. “We are working with national communications leaders to build the SOBRsafe brand, grow demand, and gain market share. This effort will move us closer to improving patient outcomes and saving lives,” said SOBRsafe CEO and Chairman Dave Gandini of the national campaign (https://ibn.fm/8DTo2).

The campaign aligns with the company’s focus on the behavioral health vertical. In addition, it is intended to increase the number of customer accounts that SOBRsafe has added in 2024, which stood at 35 as of September 12. The company accomplished this feat with “a limited investment in marketing and brand building,” according to Gandini’s message in a recent video update (https://ibn.fm/V0uKi). The ongoing national campaign, therefore, may result in considerably more customer accounts during the remainder of 2024 and into 2025.

SOBRsafe is also strategically implementing its international expansion. Strategic in its approach, the company collaborates with interested local or regional service providers and companies, initially via paid proofs of concept and, if successful, fully fledged partnerships. The company has used – or is using – this approach in India, Italy, Australia, and New Zealand.

In India, a critical infrastructure developer that owns and operates various infrastructure assets across India and Southeast Asia is installing SOBRsafe’s SOBRcheck(TM) device at points of entry to screen employees. This paid proof-of-concept installation is intended to promote alcohol safety, helping SOBRsafe “establish a new standard for alcohol screening in India” and provide “value to employers while saving lives,” according to Gandini (https://ibn.fm/40AHH).

An employer in Italy has also selected the company’s SOBRsure(TM) wristband for remote continuous monitoring of fleet drivers. This proof-of-concept application of the device will help verify both the location and sobriety of drivers, benefiting the company, which operates a fleet of more than 10,000 vehicles. Gandini believes SOBRsure “can help European employers demonstrate compliance” with laws prohibiting commercial drivers from imbibing any amount of alcohol and do so in real-time and in a “passive, non-invasive manner.”

The proof-of-concept approach has proven successful in Australia and New Zealand, where, after a 90-day trial run, SOBRsafe initiated sales activities via a regional channel partner, Drug Testing Business Success. The channel partner plans to target the behavioral and justice spaces, availing the company’s products through a dedicated e-commerce website and a coalition of suppliers. “We’re excited about this new revenue stream in Australia and New Zealand, and we believe that this could accelerate broader global expansion,” conveyed Gandini (https://ibn.fm/IVmHi).

For more information, visit the company’s website at www.SOBRsafe.com.

NOTE TO INVESTORS: The latest news and updates relating to SOBR are available in the company’s newsroom at https://ibn.fm/SOBR

Cogna, an artificial intelligence software firm, just brought in $15 million in new backing. The company has the largest gas distribution network in Britain among its clients. This latest funding includes investment from key venture capital firms Chalfen Ventures and Notion Capital.

Cogna intends to use the funding to boost productivity and resolve inefficiencies within the operations of their target clientele. According to the company, they intend to use “precision solutions” in the diagnosis and fixing of those challenges faced by their customers. Their clients are currently within the manufacturing, utilities and energy sectors.

With this new funding, Cogna plans to spread its reach to customers within other industries. They also plan to broaden the scope of their automated artificial intelligence-supported factory making software solutions.

Currently, Cogna is making inroads into the enterprise resource planning niche as well as the market for IT consultancy services. These industries are currently worth $51 billion and $362.5 billion in revenue, respectively. Cogna CEO and co-founder Ben Peters said that traditional manufacturing industries had been sidelined by the digital revolution as a result of the complex and peculiar challenges that they faced. He added that Cogna was determined to design solutions tailored to the unique needs of manufacturing industries so that they, too, can register the productivity enhancement that AI solutions can deliver.

Peters expressed confidence that the new funding injected into Cogna would enable the company to address the different bottlenecks which have been holding back entities in different industries, and the AI solutions would allow employees to unlock their potential once mundane repetitive tasks were taken over by automated AI solutions.

Howard Forster, COO of Cadent Gas, said that with network piping to the tune of 82,000 miles and over 11 million customers, they needed a software provider that could match their physical infrastructure scale. Cogna was suited to their requirements and they were happy to work with the company to develop solutions for various needs, such as optimizing their procurement system and creating a system to manage gas escape.

As more companies like Cogna bring AI solutions to different industries and sectors, the rate at which AI penetrates different walks of life is bound to accelerate. As that happens, the infrastructure demand (data centers and system components) will grow. Metals like copper, silver and gold are crucial to this expansion and mining entities like McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) are well positioned to reap from the ongoing AI boom.

For more information, visit the company’s website at www.McEwenMining.com

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX

• “Gold has value beyond its appreciated aesthetics; gold is a very unique precious metal,” Forbes reports.
• In its recent update to shareholders, Renforth Resources noted key progress in its gold-exploration efforts.
• Findings “demonstrate the potential of our properties” and speak to “the immense opportunity ahead,” notes CEO.

Long an essential component of a healthy global economy, gold has steadily increased in value since the turn of the century. Companies operating in gold exploration and mining, such as Renforth Resources (CSE: RFR) (OTCQB: RFHRF), play a key role in discovering and supplying gold. Renforth Resources recently strengthened its position in the gold space with an update on significant gold exploration advances at two of its properties (https://ibn.fm/TlV99).

A recent Forbes article outlined why gold is so valuable in today’s world (https://ibn.fm/fMAtz). “Gold has historically been seen as a stable hedge against economic instability or recession,” the article said. “For that reason, many investors and even countries purchase gold to diversify their investments and achieve economic stability.”

In addition, the article noted that gold is a key element in global socioeconomic trends, jewelry and electronics. “As rising middle classes in emerging markets like China, India and southeast Asia grow their wealth, the demand for gold, particularly in jewelry and as an investment, continues to rise. This demographic shift contributes significantly to the sustained demand and value of gold globally,” the article stated.

“Gold has value beyond its appreciated aesthetics; gold is a very unique precious metal,” the article continued. “Gold doesn’t corrode or tarnish and is a soft material which can be easily drawn out into narrow wires or plated into thin coatings. These qualities make gold an exceptional choice for use in electronics, circuit boards, electric vehicles, healthcare equipment and other vital technology sectors.” Forbes also pointed out that “gold is a finite resource with a limited supply we continue to utilize.”

In its recent update to shareholders, Renforth Resources noted key progress in its gold-exploration efforts. “At the Beaupré project, a soil sampling program has revealed a significant gold anomaly of 0.37g/t Au in a soil sample,” the report stated. “At Renforth’s wholly owned Parbec gold deposit, follow-up soil sampling has been completed, and prospecting has identified and sampled bedrock at the site of a previously detected 0.28g/t Au soil anomaly. These findings represent significant progress in Renforth’s ongoing exploration efforts across its multicommodity mineral portfolio.”

Renforth president and CEO Nicole Brewster stated: “We are encouraged by our continued exploration success, including the recent gold anomaly discovery at Beaupré and the promising visual results from our follow-up work at Parbec. These findings again demonstrate the potential of our properties; continued success in identifying gold mineralization, particularly in underexplored areas, speaks to the immense opportunity ahead. We remain committed to advancing our gold assets, both Beaupré and Parbec, at the same time as we focus on derisking and developing our nearby Victoria critical minerals project.”

Renforth Resources is an active mineral-exploration company engaged in the exploration and development of the company’s wholly owned multicommodity mineral properties in Canada. The company owns the Parbec gold deposit on the Cadillac Break in Quebec and is currently exploring the Parbec property to increase the gold resource and identify a location to strip and bulk sample from surface.

In addition, the company holds the Nixon Bartleman gold property in Ontario and is engaged in developing its wholly owned Malartic Metals Package, Quebec’s newest polymetallic battery minerals district with several areas of mineralization, one of which is the nickel, cobalt, copper and zinc mineralized Victoria structure. This structure boasts approximately 20 kilometers of strike with surface mineralization, limited drilling, road access and hydroelectric power.

For more information, visit www.RenforthResources.com.

NOTE TO INVESTORS: The latest news and updates relating to RFHRF are available in the company’s newsroom at https://ibn.fm/RFHRF

• The U.S. Department of Defense’s Chief Digital and Artificial Intelligence Office’s (“CDAO”) Tradewinds Solutions Marketplace is a comprehensive suite of tools and services for accelerating the procurement of emerging technologies by the Department of Defense (“DoD”).
• D-Wave’s presence on the marketplace will enable DoD customers to more easily adopt the company’s annealing quantum computing technologies and solutions.

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has been deemed “Awardable” through the Department of Defense (“DoD”) Chief Digital and Artificial Intelligence Office’s (“CDAO”) Tradewinds Solutions Marketplace, a premier suite of tools and services for accelerating the procurement and adoption of emerging technologies (https://ibn.fm/POyFC).

The marketplace will now include D-Wave’s annealing quantum computing technology alongside other offerings like artificial intelligence (“AI”)/machine learning (“ML”), data, and analytics capabilities. Designating D-Wave an “Awardable” vendor will enable DoD customers to more easily adopt the company’s powerful annealing quantum computing technologies and solutions to assist with achieving mission objectives (https://ibn.fm/SfKaB).

To achieve this designation, D-Wave submitted a video presenting actual use cases in which companies developed quantum optimization applications, including supply chain optimization, transportation logistics and other potential optimization problems that the DoD may be facing. Government customers interested in viewing the video solution (https://ibn.fm/sPnr6) can create a Tradewinds Solutions Marketplace account at tradewindAI.com.

“D-Wave is unique in that we are the only company that has a real-time cloud accessible quantum computer and quantum optimization applications in production today,” said Lorenzo Martinelli, chief revenue officer at D-Wave. “These critical technological achievements in quantum computing can move the Department of Defense beyond research to using technology that could help provide solutions today to challenges facing DoD and its service branches.”

D-Wave CEO Dr. Alan Baratz said it was an honor for the company to be included in the Tradewinds Solution Marketplace for its innovative technology and the potential ability to assist DoD with overcoming complex challenges. “The ‘Awardable’ status on the marketplace signifies that our technology meets the high standards required to sell to the U.S. government,” Dr. Baratz added. “D-Wave has a long history of developing quantum applications to address national security problems, and we look forward to working with U.S. defense operations to help them achieve mission objectives.”

For more information, visit the company’s website at www.dwavequantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

• Green metals play a pivotal role in promoting sustainability due to their critical use in clean-energy technologies.
• Renforth Resources is well positioned to contribute to the green-metals supply through its Quebec-based Malartic Metals Package.
• The company’s exploration efforts on the Malartic Metals Package reflect a commitment to advancing the green-metals supply in an environmentally conscious way.

In a world that’s increasingly focused on sustainability, “green metals” have emerged as vital materials for building an environmentally friendly future. Green metals, including nickel, zinc, copper and cobalt, are essential for developing sustainable technologies and supporting the transition away from fossil fuels. These metals are crucial for renewable energy systems, electric vehicles and energy-efficient infrastructure, all of which are integral to reducing carbon emissions and mitigating climate change. As demand for green metals continues to rise, companies such as Renforth Resources (CSE: RFR) (OTCQB: RFHRF) are positioning themselves to become leading providers of these essential materials, bolstering the shift toward a greener economy.

Green metals play a pivotal role in promoting sustainability due to their critical use in clean-energy technologies. These metals enable the development of systems that generate and store renewable energy, reduce pollution and enhance energy efficiency across various sectors. As the world works to reduce its dependence on fossil fuels, green metals are in greater demand than ever before, with many nations implementing policies to increase renewable energy capacity and encourage electric vehicle adoption.

The significance of green metals lies in their unique properties. For example, metals such as copper and nickel are excellent conductors of electricity, making them indispensable in the manufacturing of batteries, wind turbines and solar panels. These metals help optimize the efficiency of renewable technologies, allowing them to generate and store energy more effectively. By enabling these technologies, green metals facilitate the reduction of greenhouse-gas emissions and help shift economies toward more sustainable energy sources.

Renforth Resources, a Canadian exploration company, is well positioned to contribute to the green-metals supply through its Quebec-based Malartic Metals Package. Featuring a 20km-long geological structure hosting nickel, zinc, copper and cobalt — all essential green metals — Renforth’s Victoria polymetallic structure, running across the centre of the Malartic Metals Package, holds significant promise. By exploring and advancing this and several similar occurrences on the property, Renforth is strategically aligning itself to meet the global demand for sustainable materials. Its Malartic Metals Package offers substantial potential for these metals, which are increasingly essential for clean-energy technologies and electrified transport infrastructure, in a world-class mining jurisdiction, including grant support from the government of Quebec.

Renforth is a battery metals area player with the dominant brownfield land position south of the world-class Cadillac-Larder Lake Fault in the prolific Cadillac and Malartic mining camps of Quebec’s Abitibi. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium, Renforth’s land position encompasses several areas of interest.

Renforth’s position is unique in that both the battery metals mineralization within the Malartic Metals Package (“MMP”) and its nearby gold deposit at Parbec are road accessible, with hydro power crossing the property, in an established and secure mining jurisdiction, which regularly ranks as top 10 in the world (as determined by the Fraser Institute).

For more information, visit www.RenforthResources.com.

NOTE TO INVESTORS: The latest news and updates relating to RFHRF are available in the company’s newsroom at https://ibn.fm/RFHRF

As digital asset markets enter a new bull cycle, with $1.5 billion in institutional inflows in Q1 2024 alone, the Benzinga Future of Digital Assets and Fintech Deal Day on November 19 in New York provides a timely opportunity to explore cutting-edge financial innovations.

This event will unite 130+ industry leaders as institutional interest and market maturity drive expansion. Key indicators of this momentum include:

• 320% year-over-year growth in institutional trading volumes
• Record open interest in regulated derivatives, now over $20 billion
• 84% of trading volume now comes from professional products, up from 32% in 2021
• Major banks have increased digital asset trading desks from 12 in 2022 to 47 in 2024

With about 1,000 founders, operators and investors managing billions in assets expected to attend, Benzinga’s conferences align perfectly with the early phase of financial services innovation and a new growth cycle—historically the most lucrative for institutional investment.

Infrastructure advancements setting this cycle apart include:

• 23 financial institutions offering digital asset custody solutions
• 80% of institutional platforms adopting standardized risk management
• Integration of digital asset trading with traditional brokerage services
• Clearer regulatory frameworks in 17 major markets

“This event is critical,” says Benzinga CEO Jason Raznick. “We’re seeing institutional interest and market cycles align like never before.”

With thousands of one-on-one meetings in a speed networking format, this event offers crucial connections at what appears to be the start of a new market expansion.

Register now at https://ibn.fm/DigitalAssets2024Discount to guarantee your spot. Early registration is recommended, as space is limited, and previous events have sold out. To learn more, please visit https://ibn.fm/3J1iu (use discount code “IBN20” for 20% off).

DealFlow Events, a leader in financial conferences with a 20-year history of hosting industry events including The SPAC Conference and The PIPEs Conference, is thrilled to announce the appointment of Investor Relations veteran Keith L. Lippert as Senior Advisor for the upcoming Microcap Conference. The second annual Microcap Conference is set to take place January 28-30, 2025, at the Borgata Hotel & Casino in Atlantic City, NJ.

Steven Dresner, Founder of DealFlow Events, expressed his enthusiasm for the appointment, stating, “We’re excited to welcome Keith to our team as we gear up for the January 2025 Microcap Conference. Keith brings unmatched experience, deep capital markets insight, and extensive contacts, all of which play a vital role in enhancing the quality of our event. Keith’s involvement aligns with our mission to create a higher-quality platform for company and investor networking in the microcap market.”

Keith L. Lippert, who has advised over 1,000 companies throughout his four-decade career in the capital markets, will leverage his expertise and network to support DealFlow Events in delivering a unique experience for growth companies and investors.

Reflecting on his new role, Lippert remarked, “I’m looking forward to utilizing my experience and extensive network to challenge the DealFlow Events team to raise the bar on their signature Microcap Conference. Having spent 40 years helping companies navigate which events offer the best value, I know what it takes to create a first-class experience that resonates with attendees. I’m eager to collaborate with Steve and the DealFlow team to ensure this conference provides exceptional value to participating companies.”

About DealFlow Events:

With a 20-year history of delivering high-quality, content-driven events for the financial industry, DealFlow Events is known for its signature conferences in the capital markets. The company’s conferences are respected for providing engaging networking opportunities and valuable insights, attracting the top professionals in the markets we serve.

For more information about the January 2025 Microcap Conference, visit https://themicrocapconference.com/

Contact:

Phillip LoFaso

Managing Director

DealFlow Events

phillip@dealflowevents.com

(516) 876-8006

• Brera Holdings, an Ireland-based, international holding company focused on expanding its global portfolio of men’s and women’s sports clubs, is increasingly bullish about the future of sports ownership
• Over the past decade, the sports ecosystem has experienced nearly 430% returns across various leagues, attracting a diverse array of investors
• The international football market alone is projected to grow to $4.6 billion by 2032, up from $3.3 billion in 2023
• The company continues to grow its global sports portfolio while also leveraging social media to build its brand, as evidenced by the success of its recent partnership with global content creator THAADBOII Productions

Brera Holdings PLC (NASDAQ: BREA), an Ireland-based, international holding company rapidly expanding its global portfolio of men’s and women’s sports clubs through a multi-club ownership approach, believes the future of sports ownership is bright and full of potential. Owing to the growth of multi-club ownership and private equity, the company believes that the industry will continue to expand significantly, bringing in even more players with diversified cash flows, and growing various sports globally.

“The growth of multi-club ownership and private equity is revolutionizing sports,” noted Brera Holdings’ CEO, Pierre Galoppi. “We believe that as more companies engage and provide resources, clubs can advance to more competitive leagues, increasing revenues and valuations. Rising valuations and uncorrelated returns are drawing attention from corporate investors, and we expect to see sports holding companies with diversified cash flows emerge as the landscape evolves,” he added (https://ibn.fm/Tt24s).

Brera Holdings’ management shared these insights at the recent Sportico “Invest in Sports” Conference in New York City. The event, held on Nov. 4, brought together top investors, executives and industry leaders, to discuss the growth and evolving dynamics in the global market of sports investment. More importantly, it examined how sports franchises have transformed from small enterprises into multi-industry global brands, encompassing sectors from technology and media to finance and real estate (https://ibn.fm/wshew).

Brera Holdings already recognizes this industry potential. Over the past decade the sports ecosystem has experienced nearly 430% returns across various leagues, attracting diverse investors. In addition, the emergence and success of multi-club organizations (such as City Football Group, Eagle Football and Red Bull, among others) have injected new life into the industry while also presenting additional avenues for revenue generation, including, but not limited to ticketing, streaming, e-sports, live events, and fantasy sports (https://ibn.fm/Tt24s).

To brace itself for growth, Brera Holdings continues growing its global sports portfolio with strategic acquisitions and innovations. The company’s recent venture into professional Women’s Football (Soccer) in North Macedonia where Brera took control of a first division women’s team and renamed it Brera Tiverija. As the only Joint Stock structured team in the country this new approach will open up opportunities for investment in women’s sports in the region for the first time in the league’s history. This is a testament to Brera’s ambition and actions for achieving both short and long-term deals. 

In addition, its partnership with global content creator THADDBOII Productions for an original skit series, Brera F.C. Soccer Road to Glory, taps into a vast market for sports-related content, while further leveraging the power of social media to grow its brand and bring the passion and history of soccer to millions around the globe.

“We were thrilled to see the response to THADDBOII’s Brera F.C. Soccer Road to Glory. Partnering with THADDBOII has allowed us to resonate with young athletes and fans worldwide. We hope the Series will diversify Brera’s fanbase and underscore the role of social media in connecting brands with communities,” noted Mr. Galoppi (https://ibn.fm/KXa2N).

So far, the series has amassed over 4,458,371 views since it launched on June 20, 2024. It features a total of 24 episodes, which are now available on TikTok, X, Instagram and YouTube. Brera Holdings remains bullish about the industry and recognizes that there are still plenty of untapped opportunities. The international football market alone is expected to grow to $4.6 billion by 2032, up from $3.3 billion in 2023 (https://ibn.fm/JSn6D). The same growth is expected in other sports sectors, and Brera Holdings is looking to fully tap into this growth.

For more information, visit the company’s website at www.breraholdings.com 

NOTE TO INVESTORS: The latest news and updates relating to BREA are available in the company’s newsroom at https://ibn.fm/BREA

• John DiLullo and Rohit Ghai bring extensive leadership experience to D-Wave’s board to assist the company’s ongoing efforts to accelerate commercial quantum adoption and capitalize on its unique market position.
• With a track record spanning more than 30 years in technology, including 15 years in cybersecurity and networking, DiLullo has held key executive positions with several leading companies.
• Ghai brings years of experience working with both startups and large enterprises, with digital transformation expertise and knowledge across software, systems and security.

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, appointed two veteran technology industry leaders to its board of directors, supporting the increasing market adoption of the company’s annealing quantum computing solutions. The two new board members, John DiLullo and Rohit Ghai, join at a crucial time as the company is implementing an aggressive go-to-market strategy, aiming to accelerate quantum solution adoption across global businesses, research institutions and government agencies (https://ibn.fm/pQTJz). 

DiLullo has an extensive track record spanning more than 30 years in technology, including 15 years in cybersecurity and networking. Bringing leadership expertise in growth and profitability transformation, DiLullo focuses on improving customers’ technology adoption experience, championing customer success and ROI, and embracing specialized routes to market for significant growth.

DiLullo currently serves as chief executive officer at Deepwatch, a leading managed security platform for cyber resilient enterprises. He previously served as CEO at LiveVox and Lastline Security, and held senior executive level positions with F5 Networks, HP/Aruba Networks, Cisco Systems and Sonicwall.

Commenting on his appointment, DiLullo reiterated that he believes that D-Wave is a driving force of the commercial quantum computing era, helping organizations solve previously unsolvable business problems including advanced logistics and scheduling, material science innovation, drug discovery and supply chain optimization. “I’m looking forward to sharing my expertise in driving commercial technology adoption in support of the company’s rapidly expanding customer footprint and eco-friendly usage of quantum technology in serving real-world enterprise computing needs,” DiLullo added.

Ghai brings to the board his extensive experience working with both startups and large enterprises, with digital transformation expertise in highly regulated markets and knowledge across software, systems and security. He currently serves as CEO of RSA, a global leader in identity and access management solutions for security-first organizations. Before that, he was president of RSA during its tenure as a Dell Technologies business, as well as president of Dell EMC’s Enterprise Content Division. Ghai also held senior engineering and management roles at Symantec, Computer Associates and Cheyenne Software.

Ghai underscored his excitement for joining D-Wave at a time of hyper-growth and voiced confidence that his background in transformational go-to-market strategies will help the company continue to capitalize on its unique market position. “D-Wave’s opportunity is significant, as entire industries are transformed with the use of new computing paradigms like artificial intelligence and annealing quantum computing technology,” Ghai added.

Chair of the D-Wave board Steve West welcomed both appointments as well-timed to help the company fully take advantage of near-term growth opportunities at a pivotal stage in its development, “having built the world’s largest quantum computer and developing solutions that enable businesses, researchers and governments to harness the power of this technology to solve highly complex problems.”

In turn, D-Wave CEO Dr. Alan Baratz said, “I’m looking forward to working closely with John and Rohit as we continue to build the business, advance our strategic GTM efforts, and support customers’ adoption of annealing quantum computing as part of their core computational infrastructure.”

For more information, visit the company’s website at www.dwavequantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

The MoneyShow Masters Symposium is set to take place from Dec. 5-7, 2024, at the Hyatt Regency Sarasota, offering investors critical insights and actionable strategies for the year ahead. With markets evolving at a rapid pace, and a new president taking office soon, this event will bring together top financial analysts, traders and investors to discuss strategies under the umbrella theme of “Managing Your Portfolio: New President, New Market.”

Designed for serious investors, technical analysts, top traders, global macro strategists, and portfolio managers, the three-day Symposium will provide an immersive experience beyond traditional investments. Attendees can gain a deeper understanding of diversified asset classes, new trends, and ways to enhance portfolio resilience.

For over 43 years, MoneyShow has empowered investors with resources to optimize and safeguard their financial strategies. Known for hosting premier events that bring together financial experts, MoneyShow creates an environment where attendees can gain practical knowledge to strengthen their portfolios amid changing markets.

Participants will have the opportunity to engage directly with their favorite experts and learn about strategies for building well-rounded portfolios. Breakout sessions and expert-led discussions will cover a range of topics, from navigating economic challenges to finding profitable opportunities in non-traditional asset classes.

The Symposium will also feature dynamic 45-minute breakout sessions, where speakers will present on critical investment tactics, uncovering ways to capitalize on financial opportunities within the current economic and political climate. Attendees can expect insights into alternative investments and strategies to protect and grow their assets.

Networking is a core component of the event, offering attendees the chance to connect with industry leaders, fellow investors, and money experts during various receptions and refreshment breaks.

To learn more, please visit https://ibn.fm/ktWiB