SOURCE: Quantum Bit Induction Technology, Inc.

September 13, 2010 12:56 ET

Quantum Bit Induction Technology, Inc. Lists on OTC Pink Sheets

HOUSTON, TX--(Marketwire - September 13, 2010) -  Quantum Bit Induction Technology, Inc. (PINKSHEETS: QBII) announced that it is now listed on the OTC/Pink Sheets and has been upgraded to "Current Information." Previously the company had reported its research and development work on its website: www.QuantumBit.com.

The Board of Directors determined that it is beneficial to the broader marketplace to also report through the OTC/Pink Sheets. Reports of the company finances, successes, associations and other pertinent details will also be reported promptly on the OTC/Pink Sheets as well as other services. 

President Mike Skillern stated that the many initiatives being undertaken by the company should be reported to web-hosts and other industry accepted sources to better inform them of the company's accomplishments.

Quantum Bit Induction Technology, Inc. is a Houston-based developer of Fusion, Wireless Power Transmission and Negative Group Delay, specifically how to render it commercially viable and efficiently produced. The company operates at three facilities in Houston, Texas and is a 90% limited partner of a Real Estate Investment Fund designed to take advantage of the depressed US commercial real estate market. The Company's common stock is traded through the OTC Pink Sheets 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 disclosed and discussed first through the Shareholder's Group.

The forward looking statements in this press release reflect our knowledge, belief, and information available at the time of release. Everyone should become thoroughly informed about the company prior to buying any shares of this company.

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