Quantum Announces Order for Q-Lite® Storage Tanks from New Service Industry Customer

LAKE FOREST, Calif., March 3, 2015 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a leader in natural gas storage systems, integration and vehicle system technologies, today announced that a nationally recognized manufacturer of heavy-duty utility and service trucks placed an order for Quantum's Q-Lite compressed natural gas storage tanks. 

"Due to the weight advantage and storage efficiency of our Q-Lite type IV tank, several customers in the service industry are selecting our product because of the allowance for additional payload," said Mr. Brian Olson, CEO and President of Quantum. "Our growing customer base is evidence that our Q-Lite storage tanks and systems are being recognized in different applications for the great value they provide," concluded Mr. Olson.   

Quantum's Q-Lite advanced fuel storage tanks and systems maximize a vehicle's range due to reduced weight, increased natural gas capacity and performance.  The Q-Lite proprietary technology allows light, medium and heavy duty trucks to optimize fuel storage capacity and take advantage of weight savings.

About Quantum: Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the innovation, development and production of natural gas fuel storage systems and the integration of vehicle system technologies including engine and vehicle control systems and drivetrains. Quantum produces innovative, advanced, and lightweight compressed natural gas storage tanks and supplies these tanks, in addition to fully integrated natural gas storage systems, to truck and automotive OEMs and aftermarket and OEM truck integrators. Quantum provides low emission and fast to market solutions to support the integration and production of natural gas fuel and storage systems, hybrid, fuel cell, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum is headquartered in Lake Forest, California, and has operations and affiliations in the United States, Canada, and India.

Forward Looking Statements: This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this report, other than those that are historical, are forward looking statements and can generally be identified by words such as "may," "could," "will," "should," "assume," "expect," "anticipate," "plan," "intend," "believe," "predict," "estimate," "forecast," "outlook," "potential," or "continue," or the negative of these terms, and other comparable terminology. Various risks and other factors could cause actual results, and actual events that occur, to differ materially from those contemplated by the forward looking statements.  Risk factors include the cancellation of orders, the acceptance of the Company's products and other risk factors that the Company discloses in its filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.

More information about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:

Quantum Investor Relations
Phone:  949-399-4555
Email:  [email protected]

SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.

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