Press Releases
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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