Quantum Announces $1.8 Million Order for Natural Gas Storage Tanks for Conversion of Light Duty Trucks

LAKE FOREST, CA--Feb. 14, 2013: Quantum Fuel Systems Technologies Worldwide, Inc. , a leader in natural gas, alternative fuel systems and clean propulsion vehicle technologies, today announced that it has received a $1.8 million purchase order from a new customer that is a leading vehicle integrator of light duty trucks. Under the purchase order, Quantum will supply its ultra-lightweight Q-Liteā„¢ compressed natural gas (CNG) fuel storage tanks for natural gas powered pickup trucks.

"We are excited to continue to expand our customer base for our industry leading natural gas storage systems," said Brian Olson, President and Chief Executive Officer of Quantum. "Our light-weight, high capacity Q-Lite fuel storage systems help to strengthen the underlying economics for natural gas vehicle adoption, offering improved fuel economy and payload capacity."

Quantum's Q-Lite proprietary fuel tank technology offers one of the lightest natural gas fuel storage solutions in the industry, coupled with superior fuel storage capacity, enhanced safety features and the capability to be quickly integrated on to vehicles.