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LAKE FOREST, Calif., January 6, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced that it has been granted approval of its Type-IV Q-Lite® CNG tank technology, pursuant to United Nations ECE Regulation No. 110. This approval allows a certain Quantum tank family to be sold into United Nations countries around the world.
This approval will allow Quantum to bring its highly successful large diameter CNG tank technology to Europe and Asia and will enable European and Asian trucking firms to realize the substantial operating cost reductions that many US fleets have demonstrated through the use of CNG as a transportation fuel.
"We are excited to make our Q-Lite tank technology available to all UN countries and pursue opportunities outside of the North American market," said Mr. Brian Olson, President and CEO of Quantum. “Other sizes of CNG storage tanks, which store up to 46.5 diesel gallon equivalents, are planned as well for United Nations certification.”
The Q-Lite technology has set standards for the optimization of carbon fiber, yielding the lightest tank in the industry. Quantum's tanks also provide the greatest fuel capacity in a given packaging envelope. These industry leading capabilities are incorporated in Quantum's product lines of both strap and collar mounted tanks, yielding the best value for its customers.
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 one of the most innovative, advanced, and light‐weight compressed natural gas storage tanks in the world 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.
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. Risk factors include whether the Q-Lite tanks can be successfully launched and obtain market acceptance in Europe and Asia and whether European and Asian fleets would realize substantial cost reductions through the use of CNG. 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 about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
http://www.qtww.com/press-releases?view=189
More information about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
http://www.qtww.com/press-releases?view=189
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http://www.qtww.com/press-releases?view=189
LAKE FOREST, CA., Jan. 10, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (the "Company") (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced that it will hold its 2014 Annual Meeting of Stockholders (the "2014 Annual Meeting") on May 15, 2014. The record date, time and location of the Annual Meeting will be as set forth in the Company's proxy statement for the Annual Meeting.
Since the date of the Annual Meeting has changed by more than 30 days from the prior year's annual meeting date, proposals of stockholders intended to be included in our proxy materials for the 2014 Annual Meeting must be received by us no later than January 31, 2014. In addition, pursuant to the Company's bylaws, stockholders who wish to present a proposal before the Annual Meeting, but do not intend for the proposal to be included in our proxy statement, must provide written notice to the Company's Corporate Secretary no later than February 28, 2014.
Stockholder proposals must be sent to our Corporate Secretary at 25242 Arctic Ocean Drive, Lake Forest, California 92630. Stockholder proposals must comply with the rules of the Securities and Exchange Commission and the Company's bylaws, as applicable.
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 one of the most innovative, advanced, and light‐weight compressed natural gas storage tanks in the world 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.
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 about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.comhttp://www.qtww.com/press-releases?view=190
PR Newswire
LAKE FOREST, Calif., Feb. 20, 2014
LAKE FOREST, Calif., Feb. 20, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. ("Quantum" or the "Company") (NASDAQ: QTWW), 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, announced today that it has closed its previously-announced underwritten public offering of 2,357,500 common shares at a price to the public of $7.05 per share. The number of shares sold in the offering includes the underwriter's full exercise of the over-allotment option to purchase an additional 307,500 common shares. Quantum estimates net proceeds from the offering to be approximately $15.3 million, after deducting underwriting discounts and commissions and estimated offering expenses. Quantum intends to use the proceeds from the offering for general corporate and working capital purposes.
Craig-Hallum Capital Group LLC acted as sole book-running manager of the offering. Ascendiant Capital Markets, LLC acted as financial advisor to the Company in connection with the offering.
A registration statement relating to shares of the common stock of Quantum has been declared effective by the Securities and Exchange Commission on September 29, 2011. A preliminary prospectus supplement related to the offering was filed with the U.S. Securities and Exchange Commission on February 13, 2014. A final prospectus supplement related to the offering was filed with the U.S. Securities and Exchange Commission on February 14, 2014. Copies of the final prospectus supplement and accompanying prospectus relating to the offering may be obtained by contacting Craig-Hallum Capital Group LLC, 222 South Ninth Street, Suite 350, Minneapolis, MN 55402, by calling 612-334-6300, or by emailing jack.mccarthy@craig-hallum.com. An electronic copy of the final prospectus supplement and accompanying prospectus relating to the offering is available on the website of the U.S. Securities and Exchange Commission at www.sec.gov.
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
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 one of the most innovative, advanced, and light-weight compressed natural gas storage tanks in the world 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/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire
PR Newswire
LAKE FOREST, Calif., Feb. 27, 2014
LAKE FOREST, Calif., Feb. 27, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc., (NASDAQ: QTWW) will hold a conference call to announce its Fourth Quarter 2013 financial results. The call will be held on Thursday, March 6, 2014 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).
If you are interested in participating in the financial results conference call, please call 800-207-9287 or 706-679-1155 if dialing internationally, and provide the Conference ID #6550671, approximately ten minutes prior to the starting time. An operator will request your name and organization. You will then be placed on hold until the call begins.
For those of you unable to join the earnings call, a playback of the call will be available via telephone approximately three hours after the call. The number for this service is: 855-859-2056 or 404-537-3406, using Conference ID #6550671. The playback will be available until 11:45 p.m. Pacific Time on March 31, 2014.
The call will also be available on the Company's Investor Relations web page approximately two days after the call at:
http://www.qtww.com/about/investor_information/...nce_calls/index.php
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 one of the most innovative, advanced, and light?weight compressed natural gas storage tanks in the world, 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/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
©2014 Quantum Fuel Systems Technologies Worldwide, Inc.
Advanced Technology Center
25242 Arctic Ocean Drive, Lake Forest, CA 92630
Phone 949-399-4500 Fax 949-399-4600
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire
PR Newswire
LAKE FOREST, Calif., March 11, 2014
LAKE FOREST, Calif., March 11, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced it received a $5.3 million order for its industry leading large-diameter Q-Lite CNG storage tanks. The order includes certain add-on features that could drive the total value of the order to in excess of $6.0 million.
"The order represents continued strong interest in converting heavy duty class 8 trucks to compressed natural gas (CNG)," said Mr. Brian Olson, President and CEO of Quantum. "Our high-capacity, light-weight type IV tank technology is gaining momentum in the heavy duty marketplace due to its ability to offer the needed range for this market segment," concluded Mr. Olson.
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 one of the most innovative, advanced, and light?weight compressed natural gas storage tanks in the world 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.
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. Risk factors include the growth of the CNG market and acceptance of the Company's product. 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 about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire
14:05 20.03.14
PR Newswire
LAKE FOREST, Calif., March 20, 2014
LAKE FOREST, Calif., March 20, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in compressed natural gas (CNG) storage systems, integration and vehicle system technologies, today announced that it recently delivered several pre-production units of an advanced CNG fuel storage and delivery system, including the control software for the fuel system and engine, to ZHRO (ZHRO™ Solutions LLC, based in Chandler, Arizona) as part of an on-going development agreement between the two companies. These systems are coupled with ZHRO's revolutionary natural gas injection/engine conversion system and are being used as part of a pre-production test fleet at ZHRO and will be used for both on-road testing on heavy duty trucks as well as bench testing.
To date, Quantum has received approximately $6.0 million in development contracts from ZHRO and the delivery of these pre-production units represents a continuation of the work to develop a fully-integrated CNG storage and fuel delivery system for robust and cost-effective aftermarket conversions of heavy duty diesel fleets to run on natural gas. The fuel system module being developed by Quantum includes its industry-leading high capacity ultra-lightweight Q-Lite™ CNG fuel storage tanks, the integration of all the fuel delivery components and the control software to operate the fuel system. In addition, Quantum is overseeing the development of the engine control software in order to operate the engine efficiently with ZHRO's innovative fuel injection system.
The production systems are planned to be delivered to ZHRO in the second half of 2014 and will leverage Quantum's decades of experience developing, validating, and commercializing production fuel systems and control software for natural gas, hydrogen and hybrid-electric OEM vehicles.
ZHRO has developed an operating and marketing model to accelerate the commercial launch of their breakthrough technology and has already contracted with a significant number of North American distributors for sales and installation of ZHRO's fuel injector/engine conversion system.
"We are excited about the delivery of these pre-production units and the overall development efforts as it marks a definitive path toward commercialization with ZHRO Solutions," said Brian Olson, President and CEO of Quantum.
"We are very pleased with Quantum's significant advancements toward the development and commercialization of our fuel system and we are excited to take the next step in testing the pre-production kits and move closer toward commercialization," said John Madrigal, COO of ZHRO Solutions, LLC.
Under a strategic development agreement, Quantum and ZHRO are developing a cost-effective, complete natural gas aftermarket system solution for the nation's estimated 4 million medium and heavy duty trucks currently running on expensive diesel fuel, enabling fleet operators to benefit from lower operating costs and a reduction in exhaust particulate matter and emissions made possible by a dedicated conversion to natural gas from diesel.
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 one of the most innovative, advanced, and light-weight compressed natural gas storage tanks in the world, 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.
About ZHRO:
ZHRO Solutions, LLC is an innovative Clean-Tech company headquartered in Chandler, AZ that is focused on developing and commercializing proprietary advanced technology for use in the conversion of heavy duty diesel trucks to natural gas.
Forward Looking Statements:
This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. 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. Risk factors include the successful validation and commercialization of the CNG fuel system module by Quantum, the successful validation and commercialization of injection systems by ZHRO, market acceptance of the developed CNG fuel system and the continued cost-effectiveness of natural gas fuel. For a complete description of all risk factors affecting our business, you are encouraged to review the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission. Except as otherwise required by law, Quantum 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 about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire
14:06 27.03.14
PR Newswire
LAKE FOREST, Calif., March 27, 2014
LAKE FOREST, Calif., March 27, 2014 /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 Peterbilt is showcasing Quantum's new Back-of-Cab (BOC) compressed natural gas (CNG) storage module installed on a Peterbilt 579 truck at the Mid-America Trucking Show in Louisville KY, March 27th to 29th, 2014.
Peterbilt Showcases Quantum’s New Back-of-Cab CNG Storage System.
Quantum recently designed, engineered, and introduced this high capacity, light-weight, CNG storage system for the fast growing natural gas truck retro-fit, dealer up fit and OEM market segments. This new BOC module uses Quantum's industry leading Q-lite® tank technology and stores 123 DGE (Diesel Gallon Equivalent) of fuel. It is approximately 1,000 lbs lighter than competitive products; which translates into higher payload capacity for the truck owner.
Installation of the BOC module with additional Quantum frame rail mounted CNG modules can achieve a total capacity of up to 216 DGE, which can provide up to 900 miles total range. The BOC module can also be used independently, offering sufficient range for many distribution applications. This module offers the lowest price per DGE in the industry and allows open frame rail space for accessories.
Quantum is utilizing almost 20 years of OEM level CNG experience. This new BOC CNG module has been developed in close cooperation with large fleet customers and OEMs and will be built at Quantum's CNG module production center in Lake Forest, California.
These compact BOC modules are a fully integrated 3,600 psi storage solution that can be installed in a matter of hours. System installation and service on new and used trucks will be supported by a growing network of CNG experienced truck dealers and truck service providers who partner with Quantum.
"We are excited to be introducing this light-weight BOC storage module installed on a Peterbilt 579 CNG BOC truck at the Mid-America Trucking Show. This new product complements our growing portfolio of high capacity CNG tanks and modules at industry-leading prices," commented Brian Olson, President and CEO of Quantum. "We pride ourselves on offering the marketplace innovative, light-weight, reliable and cost-effective storage solutions and are preparing for strong market demand for this newly introduced product offering."
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 one of the most innovative, advanced, and light?weight compressed natural gas storage tanks in the world 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.
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. Risk factors include the growth of the CNG market and acceptance of the Company's products. For a complete description of all risk factors affecting our business, you are encouraged to review the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission. 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 about the products and services of Quantum can be found at http://www.qtww.com.
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
Peterbilt Showcases Quantum’s New Back-of-Cab CNG Storage System.
Photo - http://photos.prnewswire.com/prnh/20140327/LA91883-a
Photo - http://photos.prnewswire.com/prnh/20140327/LA91883-b
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire
15:05 21.04.14
PR Newswire
LAKE FOREST, Calif., April 21, 2014
LAKE FOREST, Calif., April 21, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced the recent introduction of a new Q-lite tank system for light-duty vehicles engaged in the service industry. Quantum has received initial orders for this system from separate customers including Kwik-Trip and Ledcor Construction.
According to the ShowTimes March issue, there were approximately 10,000 light duty natural gas vehicles either new or retrofitted in 2013. The service industry with companies like Kwik-Trip, Ledcor Construction and several other service oriented fleets, have identified methods to reduce their carbon foot-print and have started to gain economic incentive with the use of these compressed natural gas vehicles.
"The service industry is taking advantage of short distance city routes and the existing CNG infrastructure already made available on these routes," said Mr. Brian Olson, President and CEO of Quantum. "Quantum's technology and product portfolio can be easily adopted across multiple vehicle platforms and sizes and we will remain very active in leveraging our technologies into the full vehicle landscape," continued Mr. Olson.
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 one of the most innovative, advanced, and light?weight compressed natural gas storage tanks in the world 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.
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. Risk factors include the growth of the CNG market and acceptance of the Company's product. 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 about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire
16:06 02.05.14
PR Newswire
LAKE FOREST, Calif., May 2, 2014
LAKE FOREST, Calif., May 2, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc., (QTWW) will hold a conference call to announce its First Quarter 2014 financial results. The call will be held on Tuesday, May 13, 2014 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).
If you are interested in participating in the financial results conference call, please call 800-207-9287 or 706-679-1155 if dialing internationally, and provide the Conference ID #94586699, approximately ten minutes prior to the starting time. An operator will request your name and organization. You will then be placed on hold until the call begins.
For those of you unable to join the earnings call, a playback of the call will be available via telephone approximately three hours after the call. The number for this service is: 855-859-2056 or 404-537-3406, using Conference ID #94586699. The playback will be available until 11:45 p.m. Pacific Time on May 28, 2014.
The call will also be available on the Company's Investor Relations web page approximately two days after the call at:
http://www.qtww.com/about/investor_information/...nce_calls/index.php
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 one of the most innovative, advanced, and light?weight compressed natural gas storage tanks in the world, 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/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
©2014 Quantum Fuel Systems Technologies Worldwide, Inc.
Advanced Technology Center
25242 Arctic Ocean Drive, Lake Forest, CA 92630
Phone 949-399-4500 Fax 949-399-4600
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire
01:15 07.05.14
PR Newswire
LAKE FOREST, Calif., May 6, 2014
LAKE FOREST, Calif., May 6, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced it has entered into a long-term agreement with Ryder System, Inc. (NYSE: R) for the purchase and supply of complete compressed natural gas (CNG) fuel systems that will help reduce costs and increase vehicle uptime for businesses that lease CNG trucks from Ryder. With the agreement, Ryder will purchase state-of-the-art CNG tank systems directly from Quantum and install them onto CNG-powered vehicles with a team of Ryder technicians using state-of-the-art industry procedures related to these systems. Natural gas tank storage systems are one of the most expensive components of a natural gas vehicle. By purchasing the systems direct, Ryder can pass savings onto its lease customers, ultimately delivering a faster return on investment for this natural gas vehicle technology. Ryder will be the first transportation company to use Quantum's OEM-quality CNG systems on a national scale. In addition to the purchasing agreement, Quantum and Ryder will work together to improve future fuel system designs, based on Ryder's market leadership and experience operating CNG vehicles in commercial truck applications.
"Next to the limited commercial fuel infrastructure, the biggest barrier to the broad adoption of natural gas vehicles is the initial cost of the technology," stated Ryder President of Global Fleet Management Solutions, Dennis Cooke. "This relationship will help make compressed natural gas vehicles more affordable and reliable, so more businesses can take advantage of their environmental and efficiency benefits."
Quantum is a global leader in CNG storage systems, integration and vehicle system technologies. Quantum produces one of the most innovative, advanced, and lightweight compressed natural gas storage tanks in the world. Ryder will be using Quantum's Q-lite™ CNG tank system, which is lighter than other tank systems on the market, making it highly effective in delivery applications where payloads have increased and on-board weight saving is essential. The high capacity systems are designed for superior reliability, helping to improve vehicle up-time. The adaptable model design is ideal for medium and heavy duty trucks, and provides exceptional cost, weight, and capacity (Diesel Gallon Equivalent - DGE). Ryder's maintenance team has worked with Quantum to develop comprehensive procedures to ensure that tank system installations will meet the highest industry standards.
"With Ryder, we can bring our leading-edge natural gas tank storage and system technology to a larger base of businesses that are looking to improve efficiencies, save on fueling costs, and get better performance from their natural gas fleets," said Brian Olson, President and CEO of Quantum. "Our Q-Lite™ natural gas storage module is gaining increasing market attention due to its storage efficiency and light weight characteristics that help to improve performance and increase fuel range in commercial trucking applications."
Ryder is the market leader in natural gas vehicle and maintenance solutions for the commercial transportation industry. Businesses can tap into Ryder's extensive knowledge of natural gas vehicle operations, expanding maintenance network, and its highly trained and experienced technicians, to ensure the safe operation, maintenance, and fueling of natural gas vehicles. Ryder's leasing and rental business model enables businesses to "test" the new technology with less risk of downtime, as well as insulate themselves from the unknown residual risk.
Ryder's natural gas fleet includes over 500 compressed and liquefied natural gas vehicles operating more than 20 million miles, and serving over 40 customers in California, New York, Texas, Arizona, Michigan, Utah, Georgia, and Louisiana. Ryder also operates two Liquefied to Compressed Natural Gas (LCNG) fuel stations at its maintenance facilities in Orange and Fontana, California.
About Ryder:
Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder's stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Ryder has been ranked three years in a row as one of the top 250 U.S. companies in the Newsweek Green Rankings. Ryder is a charter member of the NGV Fleet Forum and a member of the Department of Energy's National Clean Fleets partnership. Ryder is also a recipient of the 2011 NGV Achievement Award and has been recognized by the Carbon Disclosure Project (CDP) in the Carbon Disclosure Leadership Index. A member of the American Red Cross Disaster Responder Program, Ryder is proud to support national and local disaster preparedness and response efforts. For more information, visit www.ryder.com and follow us on Facebook, YouTube, and Twitter.
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 one of the most innovative, advanced, and light-weight compressed natural gas storage tanks in the world, 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/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire
01:25 07.05.14
PR Newswire
LAKE FOREST, Calif., May 6, 2014
LAKE FOREST, Calif., May 6, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, will be showcasing its industry leading Q-Lite compressed natural gas family of tank products, including its innovative light-weight large diameter storage vessels for heavy duty truck applications, newly released neck-mounted tank products, and advanced sub-system designs and products for a multitude of vehicle applications, at the Alternative Clean Transportation Expo in Long Beach, CA from May 6th to May 8th.
Quantum will display an array of complete fuel system modules that it has introduced over the past twelve months to provide the industry with fully integrated storage solutions. Examples of these systems will include a complete medium duty CNG storage module displayed on a Ryder delivery fleet vehicle along with large diameter system designs for several transportation platforms.
Expo attendees are welcome to visit Quantum at booth 1833.
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 one of the most innovative, advanced, and light?weight compressed natural gas storage tanks in the world 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/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: ir@qtww.com
SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.
Quelle: PR Newswire