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For Immediate Release

Contact:

Al Renshaw
Phone: 1-800-577-9040
e-Mail: Al Renshaw

QUANTUM® RECEIVES NATIONAL TIBBETTS AWARD FROM SMALL BUSINESS INNOVATION RESEARCH (SBIR) PROGRAM

Pittsburgh, Pennsylvania - September 13, 2006, Quantum Simulations, Inc., a developer of artificial intelligence (AI) tutoring and assessment software, was recently awarded the national Tibbetts Award, the highest recognition given by the federal government to small businesses for research.

Quantum® is one of two companies from Pennsylvania to win this prestigious award which recognizes exceptional small business achievement in the areas of leading-edge research, technological innovation and economic impact. Only 55 companies received this award across the country out of more than 4,000 companies that participate in the SBIR program each year.

SBIR is a federally-funded competitive grant and contract program involving several agencies including the U.S. Department of Education, National Science Foundation, National Institutes of Health, Department of Labor, Department of Defense and many others. To date, Quantum® has received 17 awards totaling $6 million, an impressive track record given that the proposal award rate is typically less than 10 percent.

"The founders and employees of Quantum® are honored to be a recipient of the Tibbetts Award," states Rebecca Renshaw, Co-founder and Executive Vice President at Quantum®. "The SBIR program is extremely competitive and includes many outstanding companies. Through the support and funding of the SBIR program, Quantum® continues to create and deliver new generation artificial intelligence tutoring and assessment technologies that are truly making a difference in education."

As a direct result of SBIR funding, Quantum® has developed and distributed artificial intelligence Tutors for science and mathematics education and continues to expand its educational software offerings to include more mathematics and new business subjects for K-12, higher education and adult learning.

The 2006 Tibbetts Awards Ceremony and Congressional Reception will be held on Tuesday, September 26, 2006 in Washington, DC. For event details and a complete listing of winners, please visit www.tibbettsawards.org.

About Quantum®
Quantum Simulations, Inc. develops artificial intelligence (AI) tutoring, assessment and professional development software that empowers teachers and inspires students from middle school through college to improve their knowledge and appreciation for the sciences. Teacher tested and approved by educators across the United States, Quantum's AI software is proven in research studies to improve comprehension, problem solving skills and test scores by as much as 50%. Quantum's intelligent tutoring engines are integrated with existing web-based learning products, providing a strong competitive edge for distributing partners. A "technology think tank," Quantum® is funded and supported by the U.S. Department of Education, the National Science Foundation and the National Institutes of Health. For more information, please visit www.quantumsimulations.com.

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