The Quantum Group & IBM Sign Research Agreement for the LA Grid

The Quantum Group 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 that The Quantum Group is the latest addition, and the first healthcare industry partner, to the LA Grid team, as access to real-life healthcare experience is vital to the quality of research already underway." Noel J. Guillama, President and CEO of The Quantum Group commented, "We anticipate that advances in healthcare will be greatly accelerated through this partnership. In addition, our access to privatized and secure records will provide fertile ground for advanced research in an industry seeking greater effectiveness, efficiency and innovation." Pete Martinez, Senior Vice President and Chief Technology & Innovations Officer for The Quantum Group stated, "The Healthcare industry is ripe for the implementation of technology-based solutions. Medical records today are dispersed across thousands of medical offices, hospitals and ancillary facilities. The ability to manage such a large volume of records will require flexible networks that can integrate data quickly and securely. LA Grid is a perfect living laboratory for research to advance the healthcare industry."