Quantum Ships Carbon Composite Hydrogen Storage to Japan for Suzuki Motor Corporation's...

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Wed Jul 23, 2008 9:30am EDT

Quantum Ships Carbon Composite Hydrogen Storage to Japan for Suzuki Motor
Corporation's Fuel Cell Vehicle Program

IRVINE, Calif., July 23 /PRNewswire-FirstCall/ -- Quantum Fuel Systems
Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that it has
designed, developed and shipped a new generation of ultra light weight
advanced composite hydrogen storage units for Suzuki Motor Corporation's Fuel
Cell Vehicle Program. These unique systems for Suzuki were developed,
analyzed, and tested to meet the Japanese Government requirements.
    The higher fuel density capability of Quantum's hydrogen tank systems
allows efficient on-board packaging without intrusion into passenger and cargo
areas, while providing uncompromising range. Quantum's new generation of Type
IV (polymer lined, all composite) ultra-light weight tank has been
successfully tested and validated to operating conditions beyond current
industry and government standards. High capacity of the Quantum systems allow
extended driving range. These systems exhibit exceptional fast-fill
performance and low permeation levels. Quantum was also able to achieve
further reductions in material cost and improvements in both material
utilization and manufacturing efficiency compared with previous generation
tanks.
    Quantum Hydrogen tanks are in use by major Automotive OEMs worldwide and
have a history of exceeding customer expectation in many areas of their
performance.
    About Quantum:
    Quantum Fuel Systems Technologies Worldwide, Inc., a fully integrated
alternative energy company, is a leader in the development and production of
advanced propulsion systems, energy storage technologies, and alternative fuel
vehicles. Quantum's portfolio of technologies includes advanced lithium-ion
battery systems, electronic controls, hybrid electric drive systems, hydrogen
storage and metering systems and alternative fuel technologies that enable
fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and
alternative fuel vehicles. Quantum's powertrain engineering, system
integration, vehicle manufacturing, and assembly capabilities provide
fast-to-market solutions to support the production of hybrid and plug-in
hybrid, hydrogen-powered hybrid, fuel cell, alternative fuel, and specialty
vehicles, as well as modular, transportable hydrogen refueling stations.
Quantum's customer base includes automotive OEMs, fleets, aerospace industry,
military and other government entities, and other strategic alliance partners.
    Quantum has co-founded a "green American car company" called Fisker
Automotive, Inc. Fisker Automotive will offer a range of environmentally
friendly premium cars, incorporating Quantum's proprietary high-performance
plug-in-hybrid electric vehicle architecture, known as "Q-Drive," into a
unique chassis that will enable optimizing the performance and vehicle
dynamics. "Fisker Karma" launched at the Detroit International Auto Show in
January, 2008, incorporates an advanced solar-photovoltaic roof designed by
Asola. More information is available at http://www.fiskerautomotive.com.
    More information can be found about Quantum's products and services at
http://www.qtww.com.
    Forward Looking Statements
    Except for historical information, the statements, expectations, and
assumptions contained in the foregoing press release are forward-looking
statements. Reference should be made to the risk factors set forth from time
to time in the Company's SEC reports, including but not limited to those
contained in the section entitled "Risk Factors" in the Company's Annual
Report on Form 10-K for the fiscal year ended April 30, 2008. The Company does
not undertake to update or revise any of its forward-looking statements even
if experience or future changes show that the indicated results or events will
not be realized.
     For more information regarding Quantum, please contact:

     At the Company:
            Dale Rasmussen
            Investor Relations
            DRasmussen@qtww.com
            1-206-315-8242

     Investor Relations:
            RedChip Companies, Inc.
            Sanford Diday
            1-800-REDCHIP (733-2447, Ext. 115)
            info@redchip.com
            http://www.redchip.com

          (C)2008 Quantum Fuel Systems Technologies Worldwide, Inc.
                          Advanced Technology Center
                   17872 Cartwright Road, Irvine, CA 92614
                     Phone 949-399-4500  Fax 949-399-4600

SOURCE  Quantum Fuel Systems Technologies Worldwide, Inc.

Dale Rasmussen, Investor Relations of Quantum Fuel Systems Technologies
Worldwide, Inc., +1-206-315-8242, DRasmussen@qtww.com; or Sanford Diday,
Investor Relations of RedChip Companies, Inc., 1-800-733-2447, Ext. 115,
info@redchip.com, for Quantum Fuel Systems Technologies Worldwide, Inc.
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