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Quantum Receives Significant Order For Q-Lite™ Natural Gas Fuel Systems For The Canadian Market

Stocks in this article: QTWW

LAKE FOREST, Calif., April 18, 2013 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. ( QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced that it has received a significant order for its Q-Lite™ high capacity, ultra-light weight natural gas storage tanks for light duty trucks for delivery in Canada.  Quantum's light-duty tanks are certified for the Canadian market, which represents a significant addressable market in addition to the United States.

"We expect this initial order will lead to expanded tank orders for the Canadian market," said Brian Olson, President and Chief Executive Officer of Quantum. "Fleet managers and small businesses across North America are increasingly recognizing the significant economic benefits of natural gas vehicles and we are excited to be making further inroads into the Canadian marketplace."

Quantum's proprietary Q-Lite fuel tank technology offers one of the lightest natural gas fuel storage solutions in the industry, coupled with superior fuel storage capacity, enhanced safety features and the capability to be quickly integrated on to vehicles .

About Quantum:Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the development and production of natural gas fuel storage and system technologies, alternative fuel vehicles, and advanced vehicle propulsion systems. Quantum's portfolio of technologies includes natural gas and hydrogen storage and metering systems, electronic and software controls, hybrid electric drive systems, and other alternative fuel technologies and solutions that enable fuel efficient, low emission natural gas and hybrid, plug-in hybrid electric and fuel cell vehicles. Quantum's powertrain engineering, system integration, vehicle manufacturing, and assembly capabilities provide fast-to-market solutions to support the production of natural gas, plug-in hybrid, hydrogen-powered hybrid, fuel cell, and specialty vehicles, as well as modular, transportable hydrogen refueling stations.

Quantum's customer base includes automotive OEMs, fleets, aerospace industry, military and other governmental agencies, and other strategic alliance partners.

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