HOUSTON, TX continues to focus its corporate activities on nuclear fusion water electrolysis devices and their application to power systems. The Company has updated its website, www.quantumbit.com, to reflect this focus. "We are shifting our other project work to affiliates and working partners in order to devote attention to the important power device work," explained Mike Skillern, Corporate President.

The Company recently completed distribution of Symmetry Technologies, Inc. shares to our Class B Stockholders. Symmetry operates an online pharmacy and is championing the human rejuvenation development work initiated by Quantum Bit.

A distribution of Mustang Performance Headquarters, Inc. shares to Class B Stockholders is being scheduled. Details of that distribution will be disclosed through our online Stockholder's Group. Stockholders are encouraged to join that Group; subscription details are available on our website.

The conversion rate between Quantum Bit's Common Shares ("QBII") and Class B Shares ("QBITB") recently changed pursuant to a formula filed with the Nevada Secretary of State office. The formula is designed to enhance value for our Class B Stockholders. Quantum Bit Common and Class B Shares are mutually convertible at the prevailing rate which automatically adjusts monthly, on the 28th of each month. The conversion rate is published on our website and updated monthly. The rate changed on the 28th of July from 1 QBITB = 1.05 QBII to 1 QBITB = 1.16 QBII. The Company encourages all stockholders to hold their position in Class B Stock. Class B Stock may only be acquired by converting QBII Common Shares into Class B.

Investors are cautioned that the company is small and is working in highly speculative and very technical areas. Anyone interested in investing in Quantum Bit is encouraged to study the company thoroughly and contact us for any information they may want or need. We strongly discourage investment by the under informed. Investors should become informed about our company, philosophy, and mission before investing. The statements made in this release are based on the information available to the company at the time of release. Any forward-looking statement or opinion contained in this release is accurate to the best of our knowledge.

For information please contact: Quantum Bit Induction Technology, qbitoffice@quantumbit.com, Mustang Performance Headquarter, Inc., mphinc@consolidated.net or Symmetry Technologies, Inc., office@symmetrytech.net.

For information please contact: Quantum Bit Induction Technology qbitoffice@quantumbit.com Mustang Performance Headquarter, Inc. mphinc@consolidated.net or Symmetry Technologies, Inc. office@symmetrytech.net