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InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Successful Completion of SOC 2 Audit
April 27, 2023

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Successful Completion of SOC 2 Audit

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems, has completed its SOC 2(R) Type 1 audit. The company noted that the audit was completed in March and represents its commitment to security as it looks to accelerate commercial adoption of practical quantum computing solutions; D-Wave will continue to perform SOC 2 assessments.

Recognized globally as a sign of quality, SOC 2 reports confirm that a company’s infrastructure, software, people, data, policies, procedures and operations have been formally reviewed. According to the announcement, leading compliance assessor A-LIGN completed the audit. A-LIGN is a technology-enabled security and compliance partner trusted by more than 2,500 global organizations to help mitigate cybersecurity risks.

“As organizations increasingly turn to D-Wave to solve their most computationally complex business problems with quantum technology, we’re undergoing a series of initiatives designed to enhance our production and commercial readiness, including SOC 2 compliance,” said D-Wave Quantum CEO Dr. Alan Baratz in the press release. “The protection of our customers’ data is paramount, and we’re committed to initiatives like SOC 2 to ensure commercial-grade security measures are established and regularly reviewed.”

To view the full press release, visit https://ibn.fm/Sm4ZQ

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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