SOURCE: Quantum Bit Induction Technology, Inc.

March 25, 2011 09:00 ET

Quantum Bit Induction Technology Announces Commercial Applications of Wireless Power Transmission Technology

HOUSTON, TX--(Marketwire - March 25, 2011) - Quantum Bit Induction Technology, Inc. (PINKSHEETS: QBII) proudly releases an explanation of the possible applications for technology to transmit power wirelessly. The technology uses the "quantum eraser effect" to reduce dissipative losses. The project goal is to power a vehicle with transmitted power and for the power transmission to be protected from interception. In addition to the company's development of wireless power transmission, the company is also developing fusion technology which could, theoretically, replace gasoline and alternative fuels. In accordance with reshaping fueling options for cars wireless power transmission could reshape the way that electric cars are charged and powered. 

The wireless power transmission field has grown exponentially in recent years, mainly for smaller electronics. With the introduction of wireless charging "power-mats" the industry of mobile devices like cell phones, laptops, and larger consumer electronics has reinvigorated the multi-billion dollar industry toward new goals.

"At the moment there are no clear leaders in terms of technologies or companies, no industry-wide specifications or standards for interoperability, and little agreement about the size of the market opportunity and the most promising areas for investment. Nevertheless, the adoption of wireless power charging and transmission devices, particularly for mobile devices, consumer electronics, and electric vehicles, will climb steadily over the next five years and then accelerate rapidly as prices fall and wireless power systems are integrated into many everyday products" (Source: http://www.pikeresearch.com/research/wireless-power).

Quantum Bit Induction Technology, Inc. is a Houston-based technology developer of Fusion, Wireless Power Transmission and Negative Group Delay, specifically how to render those technologies commercially viable. The Company's common stock is traded OTC under the symbol "QBII." More information is available through the company's website. Every stockholder or interested investor is encouraged to join our Shareholder's Group hosted by Yahoo! Groups. Important topics regarding this company are discussed through the Shareholder's Group. We encourage anyone interested in our work, company, history, or story to contact us. We welcome informed people as stockholders to share our future.

This release may include projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurances that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.

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