Quantum Materials Corp Provides Investor Update on Operations

San Marcos, TX, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Leading American nanomaterial and cadmium free quantum dot producer and product company Quantum Materials Corp (OTCQB:QTMM) today provided the following operations update to investors.

Recent Milestones Achieved;

• March ‘19 QMC receives $500K upfront licensing fee for Assam, India solar project,

• April ‘19 QMC unveils industry first 100% cadmium free, RoHS compliant, quantum dot LCD display film with 95% Rec. 2020 color gamut coverage,

• June ‘19 QMC announces $1Million equipment order for Assam India solar project,

• July ‘19 QMC announces expansion of Assam India solar project in update, 

• August ‘19 QMC acquires Capstan Platform Inc. a leader in blockchain platform design to build QMC's anti-counterfeit product line. Jay Williams a long-time technology pioneer and architect joins QMC as Chief Technology Officer, 

• September ‘19 QMC establishes a business advisory board with deep experience and networks spanning supply chain, national security, government, technology, consumer goods, finance and more,

• September ‘19 QMC announces anti-counterfeit focus with QDX Ledger Blockchain Platform and new hire John Hartigan as Chief Revenue Officer, 

• October ‘19 QMC releases update on our Assam, India licensee’s solar project with increased volume and revenue projected for 2021 due to expansion from the original 20,000 sq. ft facility to 75,000 sq. Ft.,

• November ‘19 QMC provides vision and market opportunities for the QDX Ledger Anti-counterfeit Platform in live webinar, 

• January '20 letter of intent signed for $2M equity investment and Joint Venture to form Quantum Materials Vertical Technologies, LLC.

TRUST IN THE LIGHT​ - BONDING THE PHYSICAL AND THE DIGITAL ​

The QDX Platform combines the molecular power of quantum dots and the security of distributed ledger technology (blockchain) to address the $1.2 trillion global counterfeiting and product liability problem.​ The QDX platform is a cost effective passive additive technology that dramatically enhances tracking and security utilizing smart device technology.​ Multiple global companies have begun exploration of the technology and how it can be implemented into their product lines and supply chains. Sectors such as apparel, luxury brands, oil & gas, high security ink and paper, defense, environmental, cannabis and many more are looking for solutions such as the QDX platform with the desire to integrate across their supply chains. Stay tuned for more exciting news to come about the QDX platform in 2020.