QUANTUM and Pinnacle West Partnership Marks Entry into Fuel Cell Stationary Power and Infrastructure

IRVINE, Calif., July 9 QUANTUM Technologies, WorldWide, Inc., today announced the formation of a strategic alliance with Pinnacle West , parent company of Arizona Public Service, electrical service provider. The objective of this alliance is to pursue the development of the infrastructure required to support hydrogen fueled vehicles. QUANTUM will also support Pinnacle's application of stationary fuel cell distributed power generation to its customer base. This alliance will identify and demonstrate technology-based strategies for the transition to a hydrogen infrastructure. Under the terms of the alliance, QUANTUM will supply its ultra-lightweight, advanced composite hydrogen and compressed natural gas storage tanks and control systems to Pinnacle West for application in stationary fuel cell power plants, hydrogen and blended fuel dispensing stations, and compressed gaseous fuel vehicles, including vehicles powered by hydrogen, natural gas, and hydrogen-natural gas blends. Pinnacle West Capital Corporation is a Phoenix-based company with consolidated assets of $7 billion and consolidated revenues of approximately $2 billion. Pinnacle West's major subsidiary is Arizona Public Service Company, and services more than 1.0 million wholesale and retail customers in the western United States. Pinnacle West's other subsidiaries include SunCor Development Company, with planned community, commercial and industrial real estate projects under development; APS Energy services, a retail energy services provider; Pinnacle West Energy, a competitive energy generation company; and El Dorado Investment Company, a strategic corporate venture firm with a diversified portfolio. "This event marks QUANTUM's formal entry, with a clear path to marketing fuel cell power generation and refueling infrastructure for hydrogen fueled vehicles," said Syed Hussain, President & CEO of QUANTUM. "The alliance with a major energy service provider underscores QUANTUM's successful product and technology leadership in alternative propulsion and energy." For more information, please contact: Alan Niedzwiecki, Executive Director, Business Development QUANTUM Technologies WorldWide, Inc. Tel: (949) 399-4552 Eileen M. Oswald, Director of Communications QUANTUM Technologies WorldWide, Inc. Tel: (949) 885-7547 Dale Rasmussen, Investor Relations IMPCO Technologies, Inc. Tel: (206) 575-1594 QUANTUM Technologies WorldWide, Inc., is a wholly owned subsidiary of IMPCO Technologies, Inc. QUANTUM designs, integrates and commercializes fuel handling, advanced gaseous fuel storage systems, fuel metering and electronic control applications to original equipment manufacturers of fuel cell and internal combustion engines.