Substantial growth in orders for natural gas fuel systems seen

(August 7, 2012) IRVINE, Calif. — Quantum Fuel Systems Technologies — a global leader in alternative fuel systems and clean propulsion technologies for automotive applications, including natural gas, hybrid/electric and hydrogen systems — today announced that during the year-to-date period ending July 31, orders for its CNG fuel systems increased nearly four-fold compared to orders received during the same period in 2011.

Quantum received orders from leading natural gas vehicle system integrators and system developers for supplying its industry-leading, ultra-lightweight carbon composite compressed natural gas (CNG) storage tanks for a variety of transportation applications ranging from Class 1 to Class 8 natural gas trucks.

"We are very pleased with the substantial growth in orders. The growing interest in Quantum's high capacity ultra-light weight natural gas on-board fuel storage systems can be readily attributed to the leading-edge design, premium quality, and the increased range and payload capacity enabled by our storage systems," said Quantum's CEO Brian Olson.

"We thank our customers for appreciating our products, which are backed by our team's depth of knowledge and decades of experience in the industry."

Natural gas-powered vehicles can be fueled for a third less cost than other vehicles, and emit less smog-forming nitrogen oxide and particulates.