D-Wave Names Jeremy Hilton as Senior Vice President, Systems, Geordie Rose Now Special Advisor

Burnaby, BC - October 27, 2016 - D-Wave Systems Inc., the world's first quantum computing company, announced the promotion of Jeremy Hilton to senior vice president, systems, with responsibility for driving the company’s quantum processor and systems research and engineering functions.

Hilton, who was previously the vice president of processor development, joined D-Wave in 2000, and has been instrumental in developing the world’s first scalable quantum processors. Hilton also led the development of D-Wave’s superconducting integrated circuit foundry. He is a named inventor on 34 granted U.S. patents.

“Jeremy has almost two decades of experience developing the most advanced scalable quantum computing systems in the world. We’re lucky to have him on the team,” said CEO Vern Brownell.

D-Wave also announced that co-founder and CTO Geordie Rose will scale back his activity at D-Wave, becoming a special advisor to the company.

Brownell said, “I want to acknowledge the tremendous contributions that Geordie Rose has made since he co-founded D-Wave in 1999. His passion and drive to take on the most difficult challenges have been the foundation of D-Wave’s success, and we’re fortunate that we’ll have access to Geordie as a continuing advisor to D-Wave.”

Hilton’s promotion follows D-Wave’s recent news regarding its 2000-qubit quantum computing system that was previewed at the company’s first users conference in Santa Fe, New Mexico. The new system doubles the number of qubits over the D-Wave 2X™ system, extending D-Wave’s significant lead over competitors. The new system also allows users to tune the quantum computational process to solve problems faster. In early tests these new features have yielded performance improvements of up to 1000 times over the D-Wave 2X system.

About D-Wave Systems Inc.

D-Wave Systems is the first quantum computing company. Its mission is to integrate new discoveries in physics, engineering, manufacturing, and computer science into breakthrough approaches to computation to help solve some of the world's most complex challenges. The company's quantum computers are built using a novel type of superconducting processor that uses quantum mechanics to massively accelerate computation. D-Wave's customers include some of the world's most prominent organizations, including Lockheed Martin, Google, whose system is hosted at NASA's Ames Research Center, and Los Alamos National Laboratory. With headquarters near Vancouver, Canada, D-Wave's U.S. operations are based in Palo Alto, California. D-Wave has a blue-chip investor base including Bezos Expeditions, BDC Capital, DFJ, Goldman Sachs, Growthworks, Harris & Harris Group, In-Q-Tel, International Investment and Underwriting, and Kensington Partners Limited. For more information, visit: www.dwavesys.com