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Quantum Fuel Systems Technologies Inc - Lake Forest, CA

Original Press Release

Quantum Announces the United Nation Certification of CNG Tanks

Press release date: January 6, 2014

LAKE FOREST, Calif. - Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced that it has been granted approval of its Type-IV Q-Lite CNG tank technology, pursuant to United Nations ECE Regulation No. 110. This approval allows a certain Quantum tank family to be sold into United Nations countries around the world.

This approval will allow Quantum to bring its highly successful large diameter CNG tank technology to Europe and Asia and will enable European and Asian trucking firms to realize the substantial operating cost reductions that many US fleets have demonstrated through the use of CNG as a transportation fuel.

"We are excited to make our Q-Lite tank technology available to all UN countries and pursue opportunities outside of the North American market," said Mr. Brian Olson, President and CEO of Quantum. "Other sizes of CNG storage tanks, which store up to 46.5 diesel gallon equivalents, are planned as well for United Nations certification."

The Q-Lite technology has set standards for the optimization of carbon fiber, yielding the lightest tank in the industry. Quantum's tanks also provide the greatest fuel capacity in a given packaging envelope. These industry leading capabilities are incorporated in Quantum's product lines of both strap and collar mounted tanks, yielding the best value for its customers.

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.

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