D-Wave Systems Founder and CTO Named Canadian Technology Leader

Burnaby, British Columbia - March 27, 2014 - The Founder and CTO of D-Wave Systems Inc. Dr. Geordie Rose was honored yesterday with the Canadian Technology Leader award for his meaningful contributions to the technology industry at the inaugural Canadian Technology Leader Awards hosted by Extreme Startups, Google and reBOOT Canada. Dr. Rose was selected by a panel of 60 judges including former Prime Minister Paul Martin and Toronto Mayor Rob Ford.

"The technological innovation happening in Canada is one of the country’s best kept secrets, and has provided an essential foundation for me and many others who have devoted their lives to forging new paths in science and technology. Our success at D-Wave has been a direct result of our roots here in Canada and the incredibly talented people who were eager to contribute to the commercial development of quantum computing,” said Dr. Rose.

D-Wave has attracted international attention in recent years for building the world’s first and only commercial quantum computer with a vision to tackle some of the world’s most complex problems. Innovating at a breakneck pace, D-Wave quantum computers are being used by visionary organizations including Google, NASA and Lockheed Martin.

Other nominees for the title of Canadian Technology Leader were Ariel Garten, CEO of InteraXon Inc., a wearable tech company; Bob McDonald, the host of CBC’s Quirks and Quarks; Jesse Hirsh, co-founder of peer-to-peer learning centre Academy of the Impossible; and Claudiu Popa, President and CEO of data security company Informatica Corp.

About D-Wave Systems Inc.
Founded in 1999, D-Wave's mission is to integrate new discoveries in physics and computer science into breakthrough approaches to computation. The company's flagship product, the 512-qubit D-Wave Two™ computer, is built around a novel type of superconducting processor that uses quantum mechanics to massively accelerate computation.

In 2013, D-Wave announced the installation of a D-Wave Two system at the new Quantum Artificial Intelligence Lab created jointly by NASA, Google and USRA. This came soon after Lockheed Martin's purchase of an upgrade of their 128-qubit D-Wave One™ system to a 512-qubit D-Wave Two computer. With headquarters near Vancouver, Canada, the D-Wave U.S. offices are located in Palo Alto, California and Vienna, Virginia. D-Wave has a blue-chip investor base including Bezos Expeditions, Business Development Bank of Canada, Draper Fisher Jurvetson, Goldman Sachs, Growthworks, Harris & Harris Group, In-Q-Tel, International Investment and Underwriting, and Kensington Partners Limited. For more information, visit: www.dwavesys.com