Quantum eMotion Corp.TSXV: QNC

Quantum Numbers Corp. Announces Management Changes

· Issued by Quantum eMotion Corp.

(via TheNewswire)



Montreal, Quebec - TheNewswire - July 8, 2020 - (TSXV:QNC) Quantum Numbers Corp. (the "Corporation" or "QNC"), an innovative developer of cryptographic solutions based on Quantum Random Number Generator (QRNG), announces today that the Board of Directors has accepted the resignation of Mr. Jean Charles Phaneuf, as President, Chief Executive Officer and Director, effective immediately.

The Board of Directors has appointed Mr. Marc Rousseau, director of the Corporation, as interim Chief Executive Officer. Mr. Rousseau will work to ensure the follow-up and continuity of the current operations and transactions.

Mr. Rousseau commented: "On behalf of the Board of Directors, I would like to show my gratitude to Jean Charles who worked tirelessly in recent years to build a strong team and advance the Corporation's projects."

Furthermore, in order to reduce expenses, the Board of Directors has decided to temporarily lay off the Chief Financial Officer, Pierre C. Miron. Mr. Miron remains as director of the Corporation and will be reinstated as soon as the financial situation will improve.

About Quantum Numbers Corp.

The Corporation's mission is to address the growing demand for affordable hardware security for connected devices. Visit our website at www.quantumnumberscorp.com.

For further information, please contact:

Pierre Miron, Chief Financial Officer

Tel: 438.858.8873

Email: [email protected]

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release."

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