SOURCE: Q Television Network

August 23, 2006 11:32 ET

Quantum Bit Induction Technology Inc. Readies Experimental Series

HOUSTON, TX -- (MARKET WIRE) -- August 23, 2006 -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT), is readying a series of experiments that will focus the company's Negative Group Delay (NGD) investigations, which have achieved stable NGD of approximately one second, into an expanded NGD of approximately 4 seconds.

Commenting on the current experimental series, President Mike Skillern offered, "In addition to the new circuitry we are implementing and testing, we are examining, in detail, the 'digital feedback' of the NGD signal to amplify small time dilations into larger, more adaptable time segments."

Current QBIT projects to which the NGD experiments will be most beneficial are Reality Bender biased email and the Programmed Trading System (see website for info).

For more information on QBIT and it's projects visit our website at http://www.quantumbit.com.

QBIT has applied quantum control technology to information processing electronics and has demonstrated that the probabilities associated with stochastic system data can be amplified or attenuated. Stochastic system measurement data is biased toward a target state for further processing, actualization, and observation. Underlying probabilities are affected through stochastic resonance and quantum entanglement.

QBIT is a technology developer that works to build theoretically sensible ideas into technological realities. We work in the Project areas of Power, Propulsion, Time, Quantum Control, and Biology. Our primary interest is our Shareholders, we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions.

The statements in this press release are not forward looking. Anyone considering QBIT common share ownership should first understand the company.

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