QTex AI Takes the $50,000 Grand Prize at Boise Entrepreneur Week!

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We are absolutely thrilled to share that QTex AI has won the $50,000 Grand Prize at the Boise Entrepreneur Week (BEW) Main Pitch Competition!

The victory marks a pivotal moment for our team and validates our mission to radically transform engineering productivity.

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Revolutioning Component Sourcing and Selection

For those who missed the pitch, our technology is a conversational AI tool designed to solve one of the biggest bottlenecks in the electronics world: component sourcing and selection.

Think about every smartphone, medical device, and smart appliance - they all rely on thousands of tiny electronic components. Today, finding, comparing, and selecting those vital parts is a slow, manual process.

At QTex AI, we're changing all of that. Our copilot allows engineers to complete this critical workflow up to 90% faster, freeing them up to focus on innovation instead of the reading of tedious, endless, spreadsheets. Giving this time back to electronics engineers could not come at a better time. The demand for high tech is speeding up faster than ever, and companies cannot afford to be wasting time on legacy workflows.

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"This victory confirms our vision. Our technology is set to fundamentally revolutionize engineering productivity and our team posesses the perfect combination of vision and expertise to lead that charge." — Chris Dagher, CEO of QTex AI

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What's Next: Launching Version 2

At this stage, winning $50,000 in non-dilutive funds is transformative. It immediately fuels our next major initiative: the development and launch of Version 2 of our copilot!

This next iteration will not only enhance our core component searching capabilities but will also:

• Expand our toolset to assist with an even wider portion of the product development cycle.
• Introduce improved team collaboration features for engineering workflows, making component slection a shared, efficient process.

The energy and exposure from being recongnized at Idaho's largest celebration of entrepreneurship is something that will be sticking with us for a while. We are so grateful to the BEW organizers, the investors, and the judges for believing in the power of QTex AI.

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