Harris & Harris Group Notes D-Wave's Article in Time Magazine
Date : 02/10/2014 @ 8:47AM
Source : GlobeNewswire Inc.
Stock : Harris & Harris Grp., Inc. (MM) (TINY)
Quote : 3.01 0.03 (1.01%) @ 12:10PM
Harris & Harris Group, Inc. (Nasdaq:TINY), an investor in transformative companies enabled by disruptive science, notes the article by Lev Grossman on Harris & Harris Group's portfolio company, D-Wave Systems, Inc., featured on the cover of the February 17, 2014, issue of Time Magazine. The article, titled "The Quantum Quest for a Revolutionary Computer," introduces readers to the differences between classical and quantum computing and discusses D-Wave's quantum computing technology. The article also discusses D-Wave's early customer traction and the outstanding questions around D-Wave's technology and differentiation.
A summary of the article can be viewed at content.time.com/time/magazine/article/0,9171,2164806,00.html
"D-Wave is a great example of the type of transformative companies Harris & Harris Group is involved in building," said Douglas W. Jamison, Chief Executive Officer of Harris & Harris Group. "As is often the case with disruptive technology, the emergence of commercial quantum computing has brought forward healthy dialog and ongoing research. It is exciting for Harris & Harris Group to be involved with a company disrupting how the world thinks about the future of computing."
Detailed information about Harris & Harris Group and its holdings can be found on its website at www.HHVC.com and on Facebook at www.facebook.com/harrisharrisvc.
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CONTACT: DOUGLAS W. JAMISON
Computers built on the principles of quantum physics—as opposed to ‘classical’ physics—promise a revolution on the order of the invention of the microprocessor or the splitting of the atom. D-Wave, a small Canadian company backed by Jeff Bezos, NASA, and the CIA among others, is the first firm to sell a so-called quantum computer—at roughly $10 million a pop. The vast increase in power could revolutionize fields as disparate as medicine, space exploration, and artificial intelligence.
Read more: 9 Ways Quantum Computing Will Change Everything | TIME.com http://business.time.com/2014/02/06/9-ways-quantum-computing-will-change-everything/#ixzz2swSvfChk