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Quantum Technologies Named As Finalist Among 20th OC Tech Alliance High-Tech Innovation Awards

LAKE FOREST, Calif., Aug. 26, 2013 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies has been named as a finalist in the Green Technology category of the Orange County Technology Alliance annual High-Tech Innovation Awards for its industry-leading ultra light weight Q-Lite™ compressed natural gas (CNG) fuel storage tanks and systems.

Now in its 20th year, this premier awards program event celebrates achievement among the regional tech industry by honoring local companies, individuals and products that drive innovation in Orange County. OC Tech Alliance will announce all winners at a gala dinner on Oct. 15, 2013, at the Hilton Costa Mesa.

"We are honored to have been selected as a finalist in this year's awards," said Brian Olson, President and CEO of Quantum Technologies. "Being recognized by OC Tech Alliance for our innovative products is validation that Quantum's fuel storage innovations are enabling market transformation, as the shale gas revolution is paving the way for dramatic changes in the way Americans fuel their vehicles."

"We received nominations from all of Orange County's most important technology companies," said Sigmund Fidyke III, president, Custom Software, and High-Tech Innovation Awards Judging Committee Chair. "We congratulate Quantum for ascending to the finalist ranks. This region boasts many noteworthy companies that continue to influence technology development throughout the rest of the world, and we're excited to help highlight them."

In addition to the product awards, OC Tech Alliance will recognize excellence among chief executives leading Orange County-based tech companies as well as local tech companies innovating in the areas of product development, financial accountability and industry leadership.

OC Tech Alliance also will celebrate educators and students for their innovative use of science, math and technology in the classroom and the community in conjunction with Project Tomorrow. The organization is the nation's leading education nonprofit group focused on preparing today's students to be tomorrow's innovators.

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