SAN MARCOS, Texas, March 23, 2017 (GLOBE NEWSWIRE) -- Quantum Materials Corp (OTCBB:QTMM) today issued a comprehensive shareholder update available at http://www.qmcdots.com/ShareholderLetter.pdf
This update provides an overview of:
- What the Company has accomplished in Q1 2017;
- Where the Company stands in its mission of becoming a premiere global producer of high performance cadmium based, and cadmium-free quantum dot materials;
- Progress on the commercialization path of producing high performance, competitively priced optoelectronic film components for use by the flat panel display industry with the assistance of one or more VAR partners that utilizes QMC quantum dot materials;
- The current state of QMC finances & fundamental changes instituted since January 1, 2017 to improve the Company's overall financial condition;
- Plans to increase working capital for business development going forward, and;
- Status and growth strategy of Quantum Materials Asia (QMA) subsidiary.
ABOUT QUANTUM MATERIALS CORP.
Quantum Materials Corporation (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally-sound LCD UHD displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. In 2015, QMC entered into an agreement with Uniglobe Kisko Inc. for distribution of advanced QMC quantum dot and related nanomaterials. For more information follow Quantum Materials Corp at www.QMCDOTS.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that involve risks and uncertainties concerning business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report and in reports subsequently filed with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's EDGAR System at http://www.sec.gov/ or www.QMCdots.com. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.
Quantum Materials Corp
3055 Hunter Road
San Marcos, TX 78666
www.QMCdots.com