Presentation Scheduled for Tuesday, June 21
SANTA ANA, CA – (Accesswire) – June 16, 2016 – QuantumSphere, Inc.(OTCQB: QSIM), a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants, today announced that it will be presenting at the National Investment Banking Association (NIBA) 138th Investment Conference on Tuesday, June 21. The conference will be located at the Sheraton New York Times Square Hotel in New York, NY.
Kevin Maloney, CEO of QuantumSphere, and Gregg Hrncir, its Chief Strategy Officer, will be giving the presentation and meeting with investors.
Mr. Maloney stated, “We are excited to participate at NIBA and share our company’s progress, specifically our 10-year commercialization agreement with our Swiss partner Casale, near-term opportunities and strategic vision. We expect to be integrated within a mid-scale ammonia plant by the end of the year, and generating revenue in the first half of 2017. Given our commercial validation via JH Group in China and our close partnership with Casale, we are excited about our prospects in the $100 billion ammonia market over the next few years. We continue to lay the groundwork with additional chemical opportunities in methanol and olefins and are enthusiastic about our longer-term potential in each market.”
About QuantumSphere, Inc.
QuantumSphere (QSI) is a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants. Leveraging 13 years of know-how and unique core competencies, QSI’s patented technology increases performance of existing commercial catalysts, is seamlessly integrated, and has the potential to reduce energy costs and deliver greater profits for plant owners and operators. QSI’s compelling value proposition is applicable to hundreds of ammonia and other chemical plants globally, representing billions of dollars in annual output. QSI common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
About National Investment Banking Association (NIBA)
National Investment Banking Association (NIBA) is a national trade association of regional and independent brokerages, investment banking firms, fund managers and related capital market service providers. The mission of NIBA is to add value to its members, their client companies and investors, and the securities industry at large by continuing to be the premier forum for quality micro-cap/small-cap companies seeking access and exposure to the financial community and to enhance the financial environment for small companies. NIBA Conferences are must attend events providing unique opportunities to make valuable industry connections while gaining new perspectives on critical market challenges, issues and trends redefining today’s dynamic and ever-evolving capital formation markets. Each event showcases private and public companies actively seeking access to the financial industry. Companies first present formally to hundreds and then have the opportunity to meet privately and have in-depth discussions with interested parties. NIBA member firms have completed over 1,500 equity offerings totaling approximately $12 billion in new capital for emerging growth companies. The member firms of NIBA represent over 8,800 registered representatives with an estimated $86 billion in assets under management, and are responsible for 90% of all initial public offerings under $20 million. For more information, please visit our website www.nibanet.org. You can also follow NIBA updates on Twitter @NIBAnet.
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2015 filed on September 28, 2015 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016 filed on May 19, 2016, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.