SOURCE: Quantum Bit Induction Technology

January 11, 2011 09:39 ET

Quantum Bit Induction Technology, Inc. Installing Quantum Controlled Sales Amplifier

HOUSTON, TX--(Marketwire - January 11, 2011) - Quantum Bit Induction Technology, Inc. (PINKSHEETS: QBII) announces an agreement to install its proprietary quantum controlled sales amplifier at Lakewood Towne Square shopping center in Houston, Texas. The Company has experimented with and developed quantum control applied to stochastic macro systems for several years and this will be its first commercial deployment.

"Our technology amplifies the probability of target states in stochastic and quantum mechanically superposed systems. In the case of the shopping center product, the technology amplifies the probability of sales for the shopping center merchants. The technology sounds like magic, as do most new technologies, but we have shown that it works," said Mike Skillern, the Company's president.

Lakewood's General Partner, Ed Rizk, has expressed enthusiasm for the installation. "I believe we will enjoy being the world's first quantum controlled shopping center and we always like bringing our quality tenants more business," said Rizk. Quantum Bit Induction Technology, Inc. will announce when the system is fully operational in coming weeks.

The implementation of quantum control in real property involves electrical isolation from earth ground and slightly elevating the property's electrical ground relative to earth ground. The potential energy stored in the "virtual ground" is then discharged through custom circuitry which is modulated by merchant's sales. The technology is quite counter intuitive when viewed from the perspective of classical physics and electrical engineering, however, from a quantum mechanics perspective a higher gain and lower resistance pathway exists for the stored electrical potential energy through the "reality" (configuration of reality) in which more sales have occurred. The Company has demonstrated and worked with the phenomenon and technology for years and is confident it can be deployed usefully in the shopping center product. Quantum Bit Induction Technology, Inc. plans to sell the system to shopping centers and foresees acquiring commercial properties for which the technology will add value.

Quantum Bit Induction Technology, Inc. is a Houston-based technology developer of Fusion, Wireless Power Transmission, Negative Group Delay, and Quantum Control. Specifically, how to render those technologies commercially useful.

As stated on our website, the Company executed a mandatory conversion of all Class B Shares to QBII Common shares on December 29, 2010. The Company no longer issues Class B Shares, please see Amendment to Certificate of Designation 12-29-10 (corporate filings section of the Company's website). The Company's common stock is traded OTC under the symbol "QBII." The Company is authorized to issue 2,500,000,000 Common Capital Shares (PINKSHEETS: QBII) of which 1,842,333,000 are issued and outstanding, 159,607,937 are free trading, and 1,120,978 are owned by shareholders through brokerages. More information is available through the Company's website. This information is for the record date of December 22, 2010.

We encourage anyone interested in our work, Company, history, or story to contact us. We welcome informed people as Stockholders to share our future.

The foregoing press announcement contains forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any performance or achievements expressed or implied by such statements. Forward-looking statements speak only to circumstances as they exist on the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the statements are made.

Anyone interested in our Company is invited to contact qbitoffice@quantumbit.com, or Mike Skillern, President, mikes@quantumbit.com

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