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04/06/15 12:18 PM

#4407 RE: lakingsphan0427 #4403

Quantum Technologies Provides Fuel Systems to UPS for 319 CNG Heavy Duty Trucks [Apr 2, 2015]

LAKE FOREST, Calif., April 2, 2015 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a leader in natural gas storage systems, integration and vehicle system technologies, today announced it has received an order from UPS for 319 fuel systems for UPS' heavy duty CNG vehicle program. The issuance of purchase orders will be coordinated through two OEMs and their installation partners.

The delivery dates under this award are scheduled to begin in mid- 2015 and will include the recently released versions of Quantum's Q-CabLITE and Q-RailLITE storage systems, as well as delivery in the September time-frame of a version of Quantum's soon to be released next-generation, innovative back-of-cab storage system providing the highest storage capacity of any back-of-cab CNG system currently available in the industry. These new systems will offer unparalleled light weight technology which includes Quantum's industry leading Q-Lite® CNG storage tanks.

"UPS is a leading force and participant in natural gas vehicle adoption and fleet operation in the United States and Quantum is proud to be able to support them in advancing their natural gas vehicle programs with a lower cost, domestic fuel – natural gas," said Mr. Brian Olson, President and CEO of Quantum. "We are excited to be working alongside and supporting UPS on this exciting program and the unveiling of our next-generation back-of-cab storage system technology," concluded Mr. Olson.