Quantum Reports Substantial Growth in Orders for Natural Gas Vehicle Fuel Systems; Nearly Four-Fold Increase in the First Seven Months of 2012 vs. 2011

IRVINE, CA--Aug. 7, 2012: Quantum Fuel Systems Technologies Worldwide, Inc. , a global leader in alternative fuel systems and clean propulsion technologies for automotive applications, including natural gas, hybrid/electric and hydrogen systems, today announced that during the year-to-date period ending July 31, orders for its CNG fuel systems increased nearly four-fold compared to orders received during the same period in 2011. Quantum received orders from leading natural gas vehicle system integrators and system developers for supplying its industry-leading, ultra-lightweight carbon composite compressed natural gas (CNG) storage tanks for a variety of transportation applications ranging from Class 1 to Class 8 natural gas trucks.

"We are very pleased with the substantial growth in orders. The growing interest in Quantum's high capacity ultra-light weight natural gas on-board fuel storage systems can be readily attributed to the leading-edge design, premium quality, and the increased range and payload capacity enabled by our storage systems," said Quantum's CEO Brian Olson. "We thank our customers for appreciating our products, which are backed by our team's depth of knowledge and decades of experience in the industry."

Natural gas vehicles equipped with Quantum's light-weight storage systems help to lower ownership and operational costs, while truly benefiting from the historically low prices of this domestically produced, clean fuel. Natural gas-powered vehicles can be fueled for a third less cost than other vehicles, and emit less smog-forming nitrogen oxide and particulates. Quantum's composite tanks are the lightest in the industry, requiring less structure for mounting support, thereby increasing payload and passenger capacity. In addition, Quantum's tanks maximize on board storage capacity resulting in greater driving range. These advantages, in addition to ease of installation and service, distinguish Quantum's carbon composite tanks from other competing metallic tanks.

About Quantum:

Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the development and production of advanced vehicle propulsion systems, fuel storage technologies, and alternative fuel vehicles. Quantum's portfolio of technologies includes electronic and software controls, hybrid electric drive systems, natural gas and hydrogen storage and metering systems and other alternative fuel technologies and solutions that enable fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and natural gas 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, natural gas, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum's customer base includes automotive OEMs, fleets, aerospace industry, military and other governmental agencies, and other strategic alliance partners. Quantum's wholly owned subsidiary, Schneider Power Inc., and affiliate, Asola Solarpower GmbH, complement Quantum's alternative and renewable energy presence through the development and ownership of wind and solar farms, and the manufacture of high efficiency solar modules for traditional and automotive applications. Quantum is headquartered in Irvine, California, and has operations and affiliations in the USA, Canada, Germany and India.