SOURCE: Quantum Bit Induction Technology, Inc.

September 19, 2006 13:01 ET

QBIT Completes Third Phase of NGD Experiments

HOUSTON, TX -- (MARKET WIRE) -- September 19, 2006 -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT) has completed the third phase of the current series of experiments focusing on expanding Negative Group Delay (NGD) and the practical applications of the technology. One of the expected results of this experimental series is to generate an NGD of approximately 4 seconds.

"QBIT has verified that each of the four boards now being tested produce a stable ~1 second effect. Cascading the devices to combine the results is the next step, with preliminary evidence indicating that some pulse reshaping may be necessary," explained President Mike Skillern. "The NGD results, though dramatic, are simply another important part of the system -- we are pleased with our progress on the project."

Current QBIT projects to which the NGD experiments will be most beneficial are the Programmed Trading System and Reality Bender biased email (see website for info).

For more information on QBIT and its projects visit our website at www.quantumbit.com.

QBIT is a technology developer that works to build theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions.

QBIT has applied quantum control technology to information processing electronics and has demonstrated that the probabilities associated with stochastic system data can be amplified or attenuated. Stochastic system measurement data is biased toward a target state for further processing, actualization, and observation. Underlying probabilities are affected through stochastic resonance and quantum entanglement.

The statements in this press release are not forward looking. Anyone considering QBIT common share ownership should first understand the company.

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