12 September 2024
Quantum Blockchain Technologies Plc
("QBT" or "the Company")
Appointment of Strategic Adviser
Former Intel Blockscale Executive
Quantum Blockchain Technologies (AIM: QBT), the AIM-listed investment company
focused on an R&D and investment programme within blockchain technology, is
pleased to announce the appointment of Mr. Jose Rios as Strategic Adviser.
Mr. Rios is the former General Manager of Blockchain and Business Solutions in
the Accelerated Computing Systems and Graphics Group at Intel Corp, where he
spent 25 years. He was instrumental in the Blockscale ASIC project - Intel's
dedicated chip for Bitcoin mining - and he brings extensive expertise in ASIC
chip design, production and proprietary architecture development to QBT.
Mr. Rios has been privately consulting for the Company since the latter part of
2023, and has now agreed to accept the position of Strategic Adviser. He has
already played a pivotal role in forging key relationships with some of the
leading players in the global Bitcoin industry and he has also provided
strategic guidance on the market positioning of QBT's technology. Mr. Rios has
actively assisted QBT at major industry events including, Bitcoin Amsterdam
2023, Bitcoin Disrupt 2024 in Miami and Bitcoin 2024 in Nashville, with plans to
attend Amsterdam Bitcoin 2024. His close involvement with the Company will
ensure QBT's growing recognition at the forefront of industry events and
developments.
Francesco Gardin, CEO and Chairman of QBT, commented: "QBT was a keen supporter
of Intel's Blockscale project, from the end 2022 to the early months of 2023,
when the ASIC chip production was discontinued. Around that time, we were
introduced to Mr Rios, its project manager and, following a period of mutual
understanding into what QBT was looking to create, Jose initially agreed to
consult for the Company in a private capacity. This has resulted in extremely
valuable insights for QBT with regards to the Bitcoin industry, the major
players in the sector and the analysis of key trends.
"Today's announcement that Mr Rios has agreed to become Strategic Adviser is an
important step for us and one which we value very highly knowing the
contribution he will bring to the Company."
About Jose Rios:
Mr. Rios, aged 51, is a seasoned technology executive with over two decades of
experience in sales, engineering and product development within the
semiconductor industry in Silicon Valley. Jose has a strong background in custom
silicon design, having overseen multiple high-performance computing projects
across AI, automotive and blockchain sectors. His expertise spans from initial
concept through to production, with a focus on optimising solutions for complex,
data-intensive workloads. Mr. Rios' extensive background in ASIC chip
development and his strategic acumen in blockchain technology align perfectly
with QBT's mission to innovate in the Bitcoin mining space. His expertise will
be a tremendous asset as QBT seeks to expand its influence and technological
capabilities within the industry.
-ends-
For further information please contact:
Quantum Blockchain Technologies Plc +39 335 296573
Francesco Gardin, CEO and Executive Chairman
SP Angel Corporate Finance(Nominated Adviser & Broker)+44 (0) 20 3470 0470
Jeff Keating, John Mackay
Leander(Financial PR) +44 (0) 7795 168 157
Christian Taylor-Wilkinson
About Quantum Blockchain Technologies Plc
QBT (AIM: QBT) is a London Stock Exchange AIM listed Research & Development and
investing company focused on an intensive R&D programme to disrupt the
Blockchain Technologies sector, and which includes, cryptocurrency mining and
other advanced blockchain applications. The primary goal of the R&D programme is
to develop Bitcoin mining tools and techniques, via its technology-driven
approach, which the Company believes will significantly outperform existing
market practices.
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