Peterbilt Showcases Quantum's New Back-of-Cab CNG Storage System - 123 Diesel Gallon Equivalent Back-of-Cab CNG Storage System for Medium and Heavy Duty Truck Applications

LAKE FOREST, Calif., March 27,  2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced that Peterbilt is showcasing Quantum's new Back-of-Cab (BOC) compressed natural gas (CNG) storage module installed on a Peterbilt 579 truck at the Mid-America Trucking Show in Louisville KY, March 27th to 29th, 2014. 

Quantum recently designed, engineered, and introduced this high capacity, light-weight, CNG storage system for the fast growing natural gas truck retro-fit, dealer up fit and OEM market segments. This new BOC module uses Quantum's industry leading Q-lite® tank technology and stores 123 DGE (Diesel Gallon Equivalent) of fuel. It is approximately 1,000 lbs lighter than competitive products; which translates into higher payload capacity for the truck owner.

Installation of the BOC module with additional Quantum frame rail mounted CNG modules can achieve a total capacity of up to 216 DGE, which can provide up to 900 miles total range. The BOC module can also be used independently, offering sufficient range for many distribution applications. This module offers the lowest price per DGE in the industry and allows open frame rail space for accessories.

Quantum is utilizing almost 20 years of OEM level CNG experience. This new BOC CNG module has been developed in close cooperation with large fleet customers and OEMs and will be built at Quantum's CNG module production center in Lake Forest, California.

These compact BOC modules are a fully integrated 3,600 psi storage solution that can be installed in a matter of hours. System installation and service on new and used trucks will be supported by a growing network of CNG experienced truck dealers and truck service providers who partner with Quantum.

"We are excited to be introducing this light-weight BOC storage module installed on a Peterbilt 579 CNG BOC truck at the Mid-America Trucking Show.  This new product complements our growing portfolio of high capacity CNG tanks and modules at industry-leading prices," commented Brian Olson, President and CEO of Quantum. "We pride ourselves on offering the marketplace innovative, light-weight, reliable and cost-effective storage solutions and are preparing for strong market demand for this newly introduced product offering."

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 products.  For a complete description of all risk factors affecting our business, you are encouraged to review the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission.  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

Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com

Photo - http://photos.prnewswire.com/prnh/20140327/LA91883-a 
Photo - http://photos.prnewswire.com/prnh/20140327/LA91883-b

SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.



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