Quantum to Unveil Natural Gas Engine Fuel System on a Power Solutions
International 8.8-Liter CNG Engine at National Truck Equipment Association
(NTEA) Show March 5th in Indianapolis
LAKE FOREST, Calif., Feb. 28, 2013
LAKE FOREST, Calif., Feb. 28, 2013 /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 it will showcase a new Power Solutions International (PSI) 8.8-Liter
natural gas engine with Quantum's compressed natural gas (CNG) fuel system at
the 2013 NTEA Work Truck Show on March 5th in Indianapolis.
The PSI 8.8-Liter CNG engine will come in naturally aspirated and turbocharged
variants.The naturally aspirated version will be rated at 250 hp and 500
lb-ft of torque and the turbocharged version at 350 hp and 660 lb-ft of
torque. These engine models are specifically matched to the performance
required for Class 4-6 trucks where there are very limited options available
today. PSI is one of the largest industrial and alternative fuel engine
providers in North America with decades of experience in optimizing engines
and has supplied in excess of 2 million cost-effective engines for a variety
of applications including mobility and power generation.
Quantum is designing, developing, and validating an OEM level CNG fuel supply
system to maximize the efficiency and durability of the CNG components. The
system is based on the over 20,000 alternative fuel systems that Quantum has
supplied to a variety of automotive manufacturers, including General Motors
for cars, vans, light-duty and medium-duty trucks over the last two decades.
Quantum intends to supply select components to PSI to support volume
production of the 8.8-Liter engine.
Packaging the new PSI 8.8-Liter natural gas engine with Quantum's
industry-leading Q-Lite™ ultra-lightweight carbon composite natural gas
storage systems will enable the companies to provide complete, pre-qualified
and fully-integrated CNG drive systems to medium-duty truck manufacturers.
"Medium-duty truck manufacturers haven't had an option for CNG engines in the
larger Class 4-6 truck applications," said Gary Winemaster, CEO of Power
Solutions International. "Truck OEMs have asked for an engine with the
performance of our 8.8-Liter CNG engine and we'll be delivering later this
"Quantum is proud to be supporting PSI in the new 8.8-Liter natural gas engine
development," said Brian Olson, President and CEO of Quantum. "We are pleased
to leverage our experience in developing natural gas fuel systems and
performing Tier-1 level system integration, validation and volume production
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.
About Power Solutions International:
Power Solutions International, Inc. (OTCBB: PSIX) is a leader in the design,
engineering and manufacture of emission-certified, alternative-fuel power
systems. PSI provides integrated turnkey solutions to global original
equipment manufacturers in the industrial off- and on-road markets. The
company's in-house design, prototyping, engineering and testing capacities
allows PSI to customize clean, high-performance engines that run on a wide
variety of fuels including natural gas, propane, biogas and gasoline.
PSI develops and delivers complete power systems with engines ranging from
.97-Liter to 22-Liters of displacement, including the new 8.8-Liter engine
aimed at the industrial and on-highway markets including medium duty fleets,
delivery trucks, school buses and garbage/refuse trucks. PSI power systems are
currently used worldwide in power generators, forklifts, aerial lifts, and
industrial sweepers, as well as in oil and gas, aircraft ground support,
agricultural, and construction equipment.
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.The risk factors include the ability of Quantum to
successfully develop the natural gas engine system and secure supply contract
for production systems. 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
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.
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