QuintessenceLabs in Top Three Companies Recognized at IBM's SmartCamp Global
NEW YORK, Feb. 14, 2013
NEW YORK, Feb. 14, 2013 /PRNewswire/ -- QuintessenceLabs, the leader in
quantum security technology, receives an honorable mention for impressive
technology at the event held in New York City, Feb 5-7.
QuintessenceLabs, the leader in quantum security technology, was recognized as
one of the global top three companies at the IBM SmartCamp Global Finals held
February 5-7 in New York City. Eight companies qualified from a field of
several thousand companies worldwide to participate in the event. SmartCamp
brings together entrepreneurs, investors and experienced mentors to help
catapult the finalists to the next stage in their companies' evolution.
"We are honored to have received this recognition and deeply grateful to IBM
and mentors for supporting the program", said QuintessenceLabs Founder and
CEO, Dr Vikram Sharma. "IBM SmartCamp is like the Olympics for Tech-Startups
and we're delighted to have placed in the global top three companies
recognized by IBM. We've benefited tremendously from SmartCamp – we've added a
number of key relationships to our network, and refined elements of our
strategy and business model to incorporate valuable advice from the eminent
group of mentors who contributed their time to the event."
QuintessenceLabs is the world's first company to harness the quantum
properties of lasers to deliver a new generation of cryptographic protection
for data. This capability coupled with QuintessenceLab' advanced datasecurity
platform heralds a new generation of powerful enterprise data security
"We are excited by the prospects ahead of us in 2013", said Sharma. "We plan
two major corporate actions this year: to raise capital to accelerate market
and technology development, and to deepen our partnership with IBM to offer
powerful, globally unique solutions to address the critical issue of
safeguarding valuable information."
About IBM SmartCamp
SmartCamp is an exclusive global program bringing together entrepreneurs,
investors and experienced mentors who want to build a Smarter Planet.
SmartCamp provides access to world-class advisors plus a direct route to seed
and venture capital.
QuintessenceLabs is the leader in quantum technology for cryptographic
purposes including generation of True Random Numbers, Key Distribution, Key
Management and Virtual Zeroisation. Our breakthrough research inbright laser
quantum technology heralds a new generation of powerful, globally unique
cybersecurity solutions. Visit www.quintessencelabs.com
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