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The Quantum Group & IBM Sign Research Collaboration Agreement for the LA Grid University Consortium
Date:5/28/2008

WELLINGTON, Fla., May 28 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (Amex: QGP, QGP.WSA, QGP.WSB) (http://www.QuantumMD.com), a provider of business process solutions, service chain management, strategic consulting and leading edge technology innovations to the healthcare industry, announced today that it is joining IBM's Latin American Grid (LA Grid) initiative. LA Grid is comprised of a collection of human and computing resources in North America, Latin America and Spain, working in collaboration to perform as one massive supercomputer. Quantum now joins twelve other member universities worldwide and IBM in the development of this multi-national, distributed network platform for advanced research.

The LA Grid network, the largest academic multi-national computer grid, is already active in four universities in the United States, four in Mexico, two in Argentina, one in Puerto Rico and the Supercomputing Centers in Barcelona, Spain and San Luis Potosi, Mexico. Advanced research in Hurricane and Weather Modeling, Bio-Tech and Bio-Information has already led to a number of scientific grants and publications.

The portfolio of LA Grid stands to benefit from the unique expertise of Quantum in healthcare systems, strategic consulting and service chain management solutions coupled with the cutting-edge technology the Company has developed.

"IBM has invested in a strategy that applies the use of technology to solve societal challenges through collaboration with university and industry partners around the world," said Juan F. Caraballo, LA Grid Program Director. "The LA Grid initiative is a perfect example of this strategy and how working in a globally integrated environment can make strides toward solving major societal issues such as those encountered in healthcare. In the process, we are also contributing to the development of the next-generation of computer scientists. We are pleased
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SOURCE The Quantum Group, Inc.
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