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LAKE FOREST, Calif.,
Jan. 16, 2013 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a leader in natural gas, alternative fuel systems and clean propulsion vehicle technologies, today announced that it has received purchase orders from new and existing customers for approximately
$600,000 for supplying its ultra-lightweight Q-Lite™ compressed natural gas (CNG) fuel storage tanks for light-duty vehicles.
"We are excited about our expanding industry and providing CNG solutions to the market, including existing and new customers. The remarkable light-weight and high capacity advantage of Quantum's advanced carbon composite natural gas vehicle storage systems are attractive for a broad range of vehicle classes from light duty to heavy duty, for improved performance and fuel economy," said
Brian Olson, President and Chief Executive Officer of Quantum. "Our business plan in 2013 is centered on CNG and will be driven by the momentum created in 2012 along with continued demand for Quantum's CNG products, technologies and solutions."