Quantum Announces New Orders for Natural Gas Storage Tanks for Light Duty Vehicles

  Quantum Announces New Orders for Natural Gas Storage Tanks for Light Duty

PR Newswire

LAKE FOREST, Calif., Jan. 16, 2013

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."

Quantum's patented Q-Lite™ fuel tank technology offers the lightest natural
gas fuel storage solution in the industry, coupled with superior fuel storage
capacity, enhanced safety features and the capability to quickly integrate
fuel systems 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. Quantum's wholly
owned subsidiary, Schneider Power Inc., and affiliate, Asola Solarpower GmbH,
complement Quantum's alternative and renewable energy presence through the
development and ownership of wind and solar farms, and the manufacture of high
efficiency solar modules for traditional and automotive applications. Quantum
is headquartered in Lake Forest, California, and has operations and
affiliations in the USA, Canada, Germany 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 Quantum's ability to secure materials
and manufacture tanks and systems to meet the customer demand. 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 can be found about the products and services of Quantum at
http://www.qtww.com/ or you may contact:

Brion D. Tanous
Principal, CleanTech IR, Inc.

©2013 Quantum Fuel Systems Technologies Worldwide, Inc.
Advanced Technology Center
25242 Arctic Ocean Drive ~ Lake Forest, CA 92630
Phone 949-399-4500 Fax 949-399-4600

SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.

Website: http://www.qtww.com
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