Quantum Receives New Order within Beverage Industry for CNG Storage Systems

LAKE FOREST, Calif., June 2, 2015 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a leader in natural gas storage systems, vehicle integration and vehicle system technologies, today announced a new order from a beverage distributor in the Southeast for Quantum's 21-inch tank back-of-cab system for a Peterbilt 337 application. Quantum's storage system product offerings include several back-of-cab configurations ranging from a single tank to a five (5) tank system design using different diameter tank products.

"We are experiencing increased levels of activity from the beverage industry which has growing demand for CNG systems and particularly different design configurations. We have introduced a full array of system configurations through our own product offerings and in connection with our strategic relationship with Mainstay Fuel Technologies," said Brian Olson, President and CEO of Quantum. "Our ability to commercialize systems and offer customers options that meet their customized needs has been well received in the market," concluded Mr. Olson. 

Quantum's Q-Rail^LITE and Q-Cab^LITE CNG fuel 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. The Q-Cab^LITE product line and the Mainstay module line are both installed behind the cab allowing for a larger and customized capacity of CNG. Each of these modules contain Quantum's proprietary, ultra-light Q-Lite^® CNG storage cylinders, which further minimizes weight while increasing 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 innovative, advanced, and lightweight compressed natural gas storage tanks 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 and other risk factors that the Company discloses in its filings 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/ or you may contact:

Quantum Investor Relations
Phone:  949-399-4555
Email:  [email protected]  

SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.

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