Quantum Computing Inc Appoints Security and Cryptography Expert Brian LaMacchia to Technical Advisory Board

LEESBURG, Virginia – March 21, 2023 – Quantum Computing Inc. (“QCi” or the “Company”) (NASDAQ:  QUBT), a first-to-market full-stack photonic-based quantum computing and solutions company, today  announced the second appointment to its Technical Advisory Board launched on February 2, 2023.  Effective immediately, Dr. Brian LaMacchia, joins US intelligence community veteran and technology  strategist The Honorable James (Jim) Simon, Jr who heads the Board with the mission to guide and  advance the strategic evolution of QCi’s technology while ensuring effective commercialization of product rollouts. 

Brian LaMacchia recently retired from Microsoft Corporation where he was a Distinguished Engineer and  head of the Security and Cryptography team within Microsoft Research. Before retiring, his team’s main  project was the development of quantum-resistant public-key cryptographic algorithms and protocols.  Dr. LaMacchia was also a co-founder of the Microsoft Cryptography Review Board and consulted on  security and cryptography architectures, protocols, and implementations across the company. Prior to  joining Microsoft Research in 2009, Dr. LaMacchia was the Architect for cryptography in Windows  Security, Development Lead for .NET Framework Security and Program Manager for core cryptography in Windows 2000. Dr. LaMacchia began his career as a Senior Member of the Technical Staff in the Public  Policy Research Group at AT&T Labs—Research. 

Dr. LaMacchia is an Adjunct Associate Professor in the Luddy School of Informatics, Computing and  Engineering at Indiana University-Bloomington and an Affiliate Faculty member of the Paul G. Allen School of Computer Science and Engineering at the University of Washington. Dr. LaMacchia is also currently Treasurer of the International Association for Cryptologic Research (IACR), a member of the Computing  Community Consortium (CCC) Council, and, a member of the National Academies Forum on Cyber  Resilience. He is also a Vice President of the Board of Directors of the Seattle Opera and was formerly on  the Board of the Seattle International Film festival (2009-2019) where he served as Board President (2015- 2016). Currently, he is co-owner of an independent film production company, Farcaster Films. Dr.  LaMacchia received S.B., S.M., and Ph.D. degrees in Electrical Engineering and Computer Science from  MIT in 1990, 1991, and 1996, respectively. Dr. LaMacchia is a well published author and is inventor or co inventor on 35 issued U.S. patents, multiple international patents, and numerous in-process patent  applications. 

Dr. LaMacchia commented, “There is a worldwide transition currently underway towards quantum  resistant public-key cryptography. The US government recently announced its first set of quantum resistant cryptographic algorithms for standardization, and they along with foreign governments and  industry are now actively working on updating widely used security protocols to include these new  algorithms. Advances in quantum computing are accelerating, and photonic quantum systems are proving to be the most promising with near term positive impact on the security of our existing classical systems. 

It is my opinion that photonic quantum technologies are the preferred methodology due to its speed, complex solving capabilities, ability to execute today within a conventional environment, and importantly, significant security advancements. I consider QCi to be the most developed participant in this discipline  with a clear path towards commercialization of multiple product launches. I look forward to advising QCi on the development and strategic positioning of this vital, timely technology, including its many  applications to cryptography and computer security.” 

Robert Liscouski, CEO of Quantum Computing, Inc. welcomed Dr. LaMacchia to the QCi team and stated,  “To have the caliber of people joining us such as Dr. LaMacchia is a testament to the bright future of QCi  and the work we have been doing in quantum computing in general and quantum cyber security  applications, specifically. It is imperative that we stay in the forefront of all the advances in quantum  methodologies to ensure total network security with zero data compromise for all upcoming  enhancements in computing capabilities. We believe that our photonic quantum approach gives us a  significant lead and agility to react to industry developments while our advisory team provides us with  market intelligence as well as sound strategies to successfully navigate the rapidly emerging opportunities for our products and services. Dr. LaMacchia is a highly active thought leader in all levels of computer security, well versed in commercial trends and best practices. I welcome his insights, advise, and network.” 

Mr. Liscouski went on to state, “The market is recognizing that photonic quantum computing is achieving  the goals envisioned for the general quantum computing market much sooner than the more  conventional approaches. QCi’s photonic quantum computing capabilities with its Diraq1 Entropy  Quantum Computer are demonstrating business value today. We have commercial contracts and proofs  of concept solving problems dealing with bank fraud, energy optimization, sensor optimization, traffic  optimization for unmanned aerial vehicles, etc. However, QCi is more than just a quantum computing company. Our quantum photonic technologies have the ability to address quantum medical imaging,  quantum LiDAR, quantum communications, quantum network, and of course, quantum cyber security,  which is Dr. LaMacchia’ s area of expertise. QCi is becoming a market leader in quantum photonic  technologies, and we believe that over the next several months our commercialization efforts will result  in real contracts both in the private sector and the government. We are looking forward to elaborating  on these opportunities at the close of our quarter later this month.” 

For additional information on the company’s suite of solutions, please visit our website or contact our  team directly.  

About Quantum Computing Inc. 

QCi is a full-stack quantum software and hardware company on a mission to accelerate the value of  quantum computing for real-world business solutions, delivering the future of quantum computing, today. The company is on a path to delivering an accessible and affordable full-stack solution with real-world  industrial applications, using quantum entropy, which can be used anywhere and with little to no training. QCi’s experts in finance, computing, security, mathematics and physics have over a century of experience  with complex technologies ranging from leading edge supercomputing to precision sensors and imaging  technology, to the security that protects nations. For more information about QCi, visit  http://www.quantumcomputinginc.com.

About Quantum Innovative Solutions 

QIS, a wholly owned subsidiary of Quantum Computing Inc., is a newly established supplier of quantum  technology solutions and services to the government and defense industries. With a team of qualified and cleared staff, QIS delivers a range of solutions from entropy quantum computing to quantum 

communications and sensing, backed by expertise in logistics, manufacturing, R&D and training. The  company is exclusively focussed on delivering tailored solutions for partners in various government  departments and agencies.  

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 Inc. (the “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.