William McGann, PhD, Transitions to Chief Operating and Technology Officer in Charge of Technology and Engineering for Quantum Computing Inc.
January 04 2022 - 08:31AM
Quantum Computing Inc. (the “Company” or “QCI”) (Nasdaq: QUBT), a
leader in accelerating access to the power of quantum computing,
has appointed renowned business and technology leader William J.
McGann, Ph.D. as Chief Operating and Technology Officer (COO/CTO)
responsible for technical and product engineering. He will lead
QCI’s ready-to-run quantum software initiatives as the company
enhances its quantum optimization software with powerful
innovation. McGann previously served on QCI’s board of directors.
McGann brings over 30 years of executive
leadership, technology, and science experience, strengthened by an
underlying passion for turning emerging technology into practical
solutions for solving some of the world’s greatest challenges.
Throughout his career, he has contributed to the advancement of
research and technology development and has authored over 70
research proposals for the U.S. government, dozens of scientific
publications, and 26 patents in the areas of nuclear, chemical and
biological detection technologies.
“It is an honor and a privilege to join the QCI
team to support the execution of the business growth strategy,”
said McGann. “As a leader, I look forward to establishing an
exciting, fast-paced business rhythm that is customer-focused and
leading through innovation. We will aspire to be the best in all
that we do and endeavor to become the preeminent leader in
delivering quantum solutions to the market that advance customer
business and application outcomes.”
McGann will be responsible for QCI’s technology
innovation and product engineering. In this role, he will be
charged with overseeing and managing QCI’s technology development
and research efforts.
“We are fortunate to have Bill join QCI as an
executive to lead our quantum technology and engineering efforts,”
said Robert Liscouski, chairman, president, and CEO of QCI. “Bill
brings a vast and deep knowledge of quantum technology with a
stellar track record of identifying and productizing breakout
technology for highly successful commercialization. Bill and I have
worked together in the past, and frankly, he simply is the best at
bringing technology innovation to the real world.”
“QCI’s ability to attract world-class talent
like Dr. McGann demonstrates that we are on the right path to
becoming the industry’s leading quantum software development
company,” Liscouski continued. “Bill’s breadth of experience and
success in both the commercial and government markets gives us the
edge we need to continue outpacing our competition. His experience
and focus on software development processes, research and building
relationships with our hardware partners will ensure that QCI’s
products and services meet the market needs, and I look forward to
working closely with Bill to further develop our software
engineering team with the skills and talent to continue our
success.”
McGann previously served as Chief Technology
Officer for the Security, Detection and Automation business of
Leidos Corp., a civil, defense, health, and intelligence innovator.
In this role, he focused on the creation of innovative customer
solutions driven by a strong portfolio of physics, chemistry and
software-based products. Over the course of his professional
career, McGann has held numerous business and technology leadership
positions, including founder of the first explosives trace
detection company, Ion Track Instruments; CTO for GE Security; VP
of engineering for United Technologies Fire and Security; CEO and
board member of Implant Sciences Corp.; and CTO at L3Harris
Technologies, Security and Detection Systems Division.
McGann received his Ph.D. in Chemical Physics
from University of Connecticut and holds undergraduate degrees in
both chemistry and biology.
About Quantum Computing Inc.
Quantum Computing Inc. (QCI) (Nasdaq: QUBT) is focused on
accelerating the value of quantum computing for real-world business
solutions. The company’s flagship product, Qatalyst, is the first
software to bridge the power of classical and quantum computing,
hiding complexity and empowering SMEs to solve complex
computational problems today. QCI’s expert team in finance,
computing, security, mathematics and physics has over a century of
experience with complex technologies; from leading edge
supercomputing innovations, to massively parallel programming, to
the security that protects nations. Connect with QCI on LinkedIn
and @QciQuantum on Twitter. For more information about QCI, visit
www.quantumcomputinginc.com.
Important Cautions Regarding Forward-Looking
Statements
This press release contains forward-looking statements as
defined within 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 occur in the near future. Those
statements include statements regarding the intent, belief or
current expectations of Quantum Computing (“Company”), and members
of its management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements.
The Company undertakes no obligation to update or revise
forward-looking statements to reflect changed conditions.
Statements in this press release that are not descriptions of
historical facts are forward-looking statements relating to future
events, and as such all forward-looking statements are made
pursuant to the Securities Litigation Reform Act of 1995.
Statements may contain certain forward-looking statements
pertaining to future anticipated or projected plans, performance
and developments, as well as other statements relating to future
operations and results. Any statements in this press release that
are not statements of historical fact may be considered to be
forward-looking statements. Words such as “may,” “will,” “expect,”
“believe,” “anticipate,” “estimate,” “intends,” “goal,”
“objective,” “seek,” “attempt,” “aim 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 in the Company’s Annual Report on Form 10-K, which is
expressly incorporated herein by reference, and other factors as
may periodically be described 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
Investor Relations Contact:
Ron Both or Grant Stude
CMA Investor Relations
+1 (949) 432-7566
Email Contact
Media Relations Contact:
Mark Prindle
Fusion Public Relations
+1 (917) 816-0562
qci@fusionpr.com
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