Quantum Announces Order for Q-Lite® Storage Tanks from New Service Industry Customer
LAKE FOREST, Calif., – Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a leader in natural gas storage systems, integration and vehicle system technologies, today announced that a nationally recognized manufacturer of heavy-duty utility and service trucks placed an order for Quantum's Q-Lite compressed natural gas storage tanks.
"Due to the weight advantage and storage efficiency of our Q-Lite type IV tank, several customers in the service industry are selecting our product because of the allowance for additional payload," said Mr. Brian Olson, CEO and President of Quantum. "Our growing customer base is evidence that our Q-Lite storage tanks and systems are being recognized in different applications for the great value they provide," concluded Mr. Olson.
Quantum's Q-Lite advanced fuel storage tanks and systems maximize a vehicle's range due to reduced weight, increased natural gas capacity and performance. The Q-Lite proprietary technology allows light, medium and heavy duty trucks to optimize fuel storage capacity and take advantage of weight savings.
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.
More information about the products and services of Quantum can be found at http://www.qtww.com.
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Web Site: http://www.qtww.com
