Quantum Receives Follow-On Orders for its Q-CabLITE™ Storage Module from Major Transportation Company

LAKE FOREST, Calif., Jan. 6, 2015 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration, and vehicle system technologies, today announced follow-on orders for its Q-Cab^LITE Back-of-Cab storage module from a major carrier with over 200 terminals and operational locations in the U.S.

"We are starting to see existing customers that have experienced the light-weight storage features of our Q-Cab^LITE storage modules return with follow-on orders," said Brian Olson, President and CEO of Quantum. "We are making an impact in the carrier market and are encouraged by the fact that customers are returning to take greater advantage of all the economical and efficiency benefits of our storage systems," concluded Mr. Olson.

Quantum's Q-Rail^LITE™ and Q-Cab^LITE CNG storage modules are integrated CNG fuel systems for heavy-duty truck applications. The Q-Rail^LITE™ product line has been developed to be managed and installed on the traditional open rail-space on a vehicle. The Q-Cab^LITE™ product line is installed behind the cab allowing for a larger capacity of CNG. The systems have integral fuel receptacle(s), pressure gauge, safety systems (including shut-off valves), pressure relief device(s), pressure sensors and fuel metering subsystems (including pressure regulator and thermal management). Each module contains Quantum's proprietary, ultra-light Q-Lite^® CNG storage cylinder, which further minimizes weight and increases fuel capacity.

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 light-weight compressed natural gas storage tanks in the world 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 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]

SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.

Related Links

http://www.qtww.com