Quantum Launches Technologically Advanced In-house Testing for CNG Fuel Storage Systems to Support Fast-to-Market Solutions and Innovative Design Releases
LAKE FOREST, Calif., Jan. 28, 2015 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, announced today it has developed a technologically advanced in-house test and validation facility that is unique for testing its CNG fuel storage modules intended for over-the-road heavy-duty trucks. The test equipment and facility simulates the combined effects of extreme road use to assure the integrity and strength of fuel storage module systems for heavy duty vehicle applications.
"Refining our advanced in-house test and validation capabilities to complement our systems integration and commercialization expertise enables us to implement changes early in the product development cycle to simulate real driving conditions such that our prototype, pre-production, and production modules satisfy specific customer requirements," said Mr. Brian Olson, President and CEO of Quantum. "The road data that we acquire from test vehicles, and use as part of the input for our validation testing, provides us the confidence that safety and reliability come first in our product offerings," concluded Mr. Olson.
The core methodology behind Quantum's product development and validation testing is based on over twenty years of vehicle level experience providing production products to the OEMs. This fundamental process for OEM-level product development necessitates putting a high importance on fundamental performance, safety, and durability testing such as crash testing, static loads, vibration, EMI, thermal, corrosion, and salt spray tests. All Quantum's products undergo the appropriate level of testing commensurate with the product application to ensure that systems are designed and produced in accordance with their intended vehicle use.
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 one of the most innovative, advanced, and lightweight compressed natural gas storage tanks in the world and supplies these tanks, in addition to fullyintegrated natural gas storage systems, to truck and automotive OEMs and aftermarket and OEM truck integrators. Quantum provides low emission and fasttomarket 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 acceptance of the Company's design features and testing protocol and processes. 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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