D-Wave Systems Inc.

D-Wave Systems Inc.

November 06, 2006 15:07 ET

D-Wave Systems Inc.: Quantum Computer Developer Names Director, Product Engineering

Dave Pires Will Contribute Wide-Ranging Product Engineering and Management Talent to D-Wave Systems

BURNABY, BRITISH COLUMBIA--(CCNMatthews - Nov. 6, 2006) - D-Wave Systems Inc., The Quantum Computing Company™, today announced the appointment of Dave Pires to the position of Director, Product Engineering. In his new role, Mr. Pires will leverage over 16 years of engineering, project management and business development experience to develop robust and reliable products based on D-Wave's proprietary quantum processor technologies, which are the most advanced in the world.

Mr. Pires brings to his role at D-Wave over 16 years of extensive knowledge and skills in the area of product development and management of the product development process, including project management, product engineering and multi-disciplinary engineering design. He spent 11 years at Creo Inc. (now a division of Kodak) where he led projects conducting research and development of new technologies and he led projects from concept through to production. At Creo Mr. Pires was a key contributor to successful product introductions, one of which ultimately became the most profitable hardware product line for the company.

Herbert J. Martin, CEO of D-Wave stated, "We're delighted that we continue to attract high calibre people to D-Wave. Dave's skills and management experience will be an invaluable asset as we continue to grow the company."

About D-Wave Systems Inc.

D-Wave Systems develops high-performance quantum computing systems for commercial use in logistics, bioinformatics, life and physical sciences, quantitative finance and electronic design automation. For more information, please visit www.dwavesys.com.

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