D-Wave Systems Inc.

D-Wave Systems Inc.

November 22, 2006 13:43 ET

D-Wave Systems Inc.: Quantum Computer Developer Names Director, Research & Development

Dr. Mark Scivier Brings Extensive Technology Management Experience

BURNABY, BRITISH COLUMBIA--(CCNMatthews - Nov. 22, 2006) - D-Wave Systems Inc., The Quantum Computing Company™, today announced the appointment of Dr. Mark Scivier to the position of Director, Research & Development. In his new role, Dr. Scivier will leverage his extensive engineering project management experience to contribute to the leadership of D-Wave's quantum processor research and development, which is the most advanced quantum computing hardware effort in the world.

Dr. Scivier brings to his role at D-Wave over 20 years of experience in the development of cutting-edge technology, with a proven track record in leading multi-disciplinary teams in the execution of large, complex engineering projects.

Dr. Scivier comes to D-Wave from MDA, an international provider of advanced information solutions, employing 3,000 people worldwide and headquartered in Richmond BC. During his 15 year tenure at MDA, Dr. Scivier held the position of Director, Corporate Research and Development for several years, leading the development and commercialization of key technologies. Subsequently, Dr. Scivier held senior positions in Engineering Management and Business Development. Dr. Scivier also has experience in Product Development gained during 3 years at Motorola.

Dr. Scivier has a Ph.D. in Physics from the University of London, England.

Herbert J. Martin, CEO of D-Wave stated, "We're delighted that we continue to attract high calibre people to D-Wave. Dr. Scivier'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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