Quantum Awarded Contract to Supply Aerospace Hydrogen and Oxygen Storage Systems

IRVINE, Calif., Jan. 12, 2007 -- Quantum Fuel Systems Technologies Worldwide, Inc. , today announced that it has been awarded a contract by Lockheed Martin to supply its new state-of-the-art hydrogen and oxygen fuel storage tanks for a regenerative power supply system to be used in a stratospheric airship application.

This award is due to the successful performance in a previous award from Lockheed Martin for Quantum to design and develop the next advancement in ultra-lightweight hydrogen and oxygen tanks. Utilizing its expertise in ultra-lightweight all-composite gaseous fuel storage, Quantum developed unique compressed gas storage systems for oxygen and hydrogen with higher system weight efficiency than has been demonstrated in the past. Additionally, the storage systems have been designed and tested to withstand an extreme range of conditions from sea level to high altitude.

"This program has redefined the state-of-the-art for compressed hydrogen and oxygen storage technologies. Quantum is excited to have been awarded this contract from Lockheed Martin to produce ultra-lightweight hydrogen and oxygen storage tanks," said Alan P. Niedzwiecki, President and CEO of Quantum. "Meeting these extreme requirements for Lockheed Martin's application has advanced our high pressure all-composite gaseous storage technologies for hydrogen vehicle commercialization, where the automotive operating environment, packaging efficiency, and weight requirements pose their own challenges."

About Quantum

Quantum and its subsidiary, Tecstar Automotive Group, are leaders in powertrain engineering, system integration and manufacturing of packaged fuel systems and accessories for specialty vehicles and applications including fuel cells, hybrids, alternative fuels, hydrogen refueling, new body styles, mid-cycle vehicle product enhancements and high performance engines and drive trains for OEMs and consumers of aftermarket parts and accessories. Quantum also designs and manufactures hybrid and fuel cell vehicles.

Quantum has product commercialization alliances with General Motors, AM General, Sumitomo and IMPCO. Quantum's customer base includes General Motors, Toyota, Opel, Hyundai, Suzuki, Ford, DaimlerChrysler, Sunline, Yamaha, AeroVironment, and the U.S. Army.

More information can be found about Quantum's products and services at www.qtww.com.

About Lockheed Martin

Information about Lockheed Martin can be found at http://www.lockheedmartin.com/.