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SAN JOSE, CA – December
15, 2006 – Quantum3D®,
Inc., announced today that, as indicated in the press release
from the U.S. Department of Justice (see www.usdoj.gov/usao/can/press/2006/2006_12_14_meng.indictment.press.html),
Quantum3D is fully cooperating with the U.S. Government in the
ongoing investigation of the Sheldon Meng case.
“Quantum3D appreciates and supports the
efforts of the Department of Justice in prosecuting this case”,
said Ross Q. Smith, Quantum3D president and co-founder. “The
technologies in question not only represent significant economic
value to our Company, but, in some cases, are also controlled
under U.S. export regulations. We take intellectual property and
export controls very seriously and we’re pleased that the
U.S. Government is pursuing this case.”
To ensure that the Company’s international
activities are in full compliance with U.S. and international
export regulations, the Company has an export controls compliance
program and employs a full-time compliance officer.
“Our cooperation with the U.S. Department
of Justice in this investigation is indicative of the Company’s
commitment to compliance with U.S. export control regulations.
We will continue to support government efforts to protect U.S.
technology,” said Timothy A. Palmer, Quantum3D chief technology
officer.
About Quantum3D
Quantum3D develops and markets COTS realtime, open-architecture
IG solutions, embedded visual computing systems and subsystems,
development software and support services for the Visual and Sensor
Simulation and Training (VSST) and Embedded Visual Computing (EVC)
markets. Quantum3D is a privately held company headquartered in
San Jose, California, with development centers located in Phoenix,
AZ, Huntsville, AL, and Orlando, FL. For more information about
Quantum3D and the Quantum3D family of open architecture visual
computing solutions, please see www.quantum3d.com.
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Quantum3D and the Quantum3D logo are registered
trademarks of Quantum3D, Inc. All other trademarks are the property
of their respective owners.
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