Quantum Technologies Regains Compliance with Nasdaq Listing Requirements

   Quantum Technologies Regains Compliance with Nasdaq Listing Requirements

PR Newswire

LAKE FOREST, Calif., Aug. 15, 2013

LAKE FOREST, Calif., Aug. 15, 2013 /PRNewswire/ --Quantum Fuel Systems
Technologies Worldwide, Inc. (Nasdaq: QTWW) (the "Company"), a global leader
in natural gas storage systems, integration and vehicle system technologies,
today announced that it has been formally notified by the Nasdaq Stock Market
("Nasdaq") that the Company has regained compliance with the $1.00 minimum bid
price requirement for continued listing on the Nasdaq Capital Market. The
Company received a letter from Nasdaq on August 14, 2013 notifying the Company
that because the closing bid price of the Company's common stock was at least
$1.00 per share for at least 10 consecutive business days it has regained
compliance with The Nasdaq Capital Market's $1.00 minimum bid price rule and
the matter is now closed.

"We are very pleased to have regained compliance with the Nasdaq listing
requirements and we remain focused on positioning the business for
profitability," commented Brad Timon, Chief Financial Officer and Treasurer of
Quantum.

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.

More information about the products and services of Quantum can be found at
http://www.qtww.com/  or you may contact:

Brion D. Tanous
Principal
CleanTech IR, Inc.
Email: btanous@cleantech‐ir.com
310‐541‐6824

SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.

Website: http://www.qtww.com
 
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