CORRECTING and REPLACING QUAN, CDS Negotiate Joint Venture Milestones

HOUSTON--(BUSINESS WIRE)--

Third graph, first sentence of release should read: “Quantum is ready to begin the funding phase of the development,” said Quantum CEO Robert Federowicz (sted “FTTN is ready to begin the funding phase of the development,” said Quantum CEO Robert Federowicz).

The corrected release reads:

QUAN, CDS NEGOTIATE JOINT VENTURE MILESTONES

As Quantum International Corp. QUAN and Clelland DataSciences (CDS) close in on a new joint venture agreement, both companies are negotiating specific project milestones to be achieved once the JVA is executed.

Quantum and CDS plan to work together to develop Clelland's specialized imaging technology into portable hyperspectral camera and spectrometer system that can be worn as a backpack for mineral exploration, chemical identification and security systems.

“Quantum is ready to begin the funding phase of the development,” said Quantum CEO Robert Federowicz. “We're making good progress toward a deal, and we expect to announce a definitive agreement with CDS very soon.”

For more information on the company's leading-edge robotics initiatives, please visit www.quantuminnovators.com/investors.html.

Quantum plans to offer clients the next generation of robotics technology to compete in a booming global industry alongside iRobot Corporation IRBT, Honda Motor Co., Ltd. HMC, AeroVironment, Inc. AVAV and, potentially soon, Apple Inc. AAPL. Follow us on Twitter at www.twitter.com/QuantumIntlCorp.

About Quantum International Corp.

Quantum International Corp. QUAN is a robotics innovation company working to commercialize the next generation of sophisticated, automated technology. The Company is positioning itself to develop, deliver and market the most cutting-edge innovations in robotics in order to leverage the worldwide demand for the precision, speed, and cost-effectiveness these technologies offer.

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