Quantum Delivers Hydrogen Dispensing System to Linde for a Retail Fueling Station in West Sacramento, CA

LAKE FOREST, Calif., Dec 15, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, in partnership with Linde North America, announces the first hydrogen dispensing system that measures hydrogen mass with connectivity to retail interface and user friendly payment features. The system was installed in West Sacramento and was unveiled at a grand opening hosted by the California Fuel Cell Partnership, Ramos Oil and Linde.

"For over a decade of development and prototyping, we have achieved the breakthrough of measuring and dispensing hydrogen fuel for commercial use in fuel-cell vehicles," said Brian Olson, CEO of Quantum Technologies. "We are pleased with the results of our agreement with Linde and can expect further joint development efforts to the changing industry and standards," continued Mr. Olson.

In partnership with Linde, Quantum has developed a highly specialized Hydrogen Dispenser system for 35 and 70 MPa service. For the first time, measuring the mass of hydrogen from a dispensing unit was successful and has received conditional approval for commercial service in California by the Department of Measurements and Standards. This is the first public accessible Hydrogen refueling station that has demonstrated SAE compliant fast fill performance with accurate mass flow measurement.

In addition to the development of dispensers, Quantum's flag ship type IV tank, Q-Lite™, takes full advantage of maximizing gas and reducing storage weight not only experienced with CNG but also hydrogen.

About Quantum: Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the innovation, development and production of  hydrogen and natural gas fuel storage systems and the integration of vehicle system technologies including engine and vehicle control systems and drivetrains. Quantum produces one of the most innovative, advanced, and light‐weight hydrogen and compressed natural gas storage tanks in the world and supplies these tanks, in addition to fully‐integrated 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 hydrogen refueling stations. Quantum is headquartered in Lake Forest, California, and has operations and affiliations in the United States, Canada, and India.

About Linde: In the 2013 financial year, The Linde Group generated revenue of USD 23.1 bn (EUR 16.655 bn), making it the largest gases and engineering company in the world with approximately 63,500 employees working in more than 100 countries worldwide. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.

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 growth of the CNG market and acceptance of the Company's product. 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]

For more information, see The Linde Group online at www.linde.com.

Contact:
Amy Ficon
Linde corporate communications
908-771-1491
email: [email protected]

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SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.

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