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SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
LAKE FOREST, Calif., March 5, 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 launch and demonstrate its new line of production ready, bolt-on compressed natural gas (CNG) fuel systems for medium duty trucks at the National Truck and Equipment Association 'Work Truck Show' held in Indianapolis, Indiana on March 6-8, 2013.
"Quantum's new medium-duty CNG fuel systems are designed to provide a bolt-on solution to quickly outfit a truck to operate on CNG," said Brian Olson, President and CEO of Quantum. "Quantum's systems are specifically designed for ease of installation, safety, durability and to provide maximum value and operational ease for our customers."
Quantum's integrated fuel systems for medium duty trucks, incorporating its ultra-light Q-Lite™ CNG storage systems, are available in a variety of configurations, ranging from 24 to 64 gasoline gallon equivalent capacities. The systems have integral fuel receptacle, pressure gauge, safety systems including shut-off valves, pressure relief device(s) and pressure sensors and fuel metering subsystems including pressure regulator and thermal management. Available fuel system configurations include single, dual and triple module systems to accommodate a variety of popular medium duty truck platforms.
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. 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.
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