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Quantum Announces Launch and Initial Order of Collar Mounted CNG Tanks

natural gas

LAKE FOREST, CA--Dec. 16, 2013: Quantum Fuel Systems Technologies Worldwide, Inc. , a global leader in natural gas storage systems, integration and vehicle system technologies, today announced that it has launched a new line of Q-Lite™ CNG storage tanks which can be collar mounted for both back-of-cab systems and side rail-mounted systems. These storage solutions complement Quantum's existing family of strap mounted tank systems. Quantum has received an initial order for the new collar mounted tanks and anticipates initial shipments to begin near the end of this month for a high volume CNG integrator.

The first application of Quantum's new collar mount product line is associated with a 21" diameter by 80" long tank (86" overall length with collar neck) which stores 28.4 DGE. Other sizes will soon be available with collar mount versions, including Quantum's industry leading 25" diameter tanks in a variety of lengths. The tanks are a varient of Quantum's standard strap mount design, except the end bosses have been extended to allow for collar mounting. This maximizes commonality in manufacturing to provide the best value for our customers.

"We are excited to launch this new line of collar mount CNG tanks to address this growing segment of the CNG truck market," said Mr. Brian Olson, President and CEO of Quantum.

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 volume. These industry leading capabilities are incorporated in Quantum's product line of collar mounted tanks.