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Quantum Fuel Systems: Expanding Orders
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LAKE FOREST, California - Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, announced that it has received approximately $600,000 in purchase orders over the past several weeks for its light weight natural gas storage systems from the Wheeltime network.
The WheelTime Network is comprised of 18 member networks with a reach into over 180 installation and service locations nationwide. Quantum has been the exclusive supplier of compressed natural gas storage systems to the WheelTime Network for aftermarket system conversions and is now expanding the relationship to include system installs on new OEM level trucks. Installations of these systems are performed at the WheelTime locations. Under an arrangement that began over two years ago, Quantum and WheelTime have been training and educating the network locations on installs, maintenance and service. As this relationship expands, the program has the potential of including all member locations and can provide the industry the needed support for ongoing service needs.
"We are excited to be expanding this relationship with additional orders and especially to include additional WheelTime members and locations," said Mr. Brian Olson, President and CEO of Quantum. "We are working closely with WheelTime on setting up new locations with installation and service training and providing turnkey system solutions to the medium and heavy duty truck industry. Our goal is to have this relationship reach all 50 states by leveraging their expansive geographic footprint and trucking industry prowess," continued Mr. Olson.
About Quantum:
Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the innovation, development and production of natural gas fuel storage systems and the integration of vehicle system technologies including engine and vehicle control systems and drivetrains. Quantum produces one of the most innovative, advanced, and light-weight compressed natural gas storage tanks in the world and supplies these tanks, in addition to fully-integrated natural gas storage systems, to truck and automotive OEMs and aftermarket and OEM truck integrators. Quantum provides low emission and fast-to-market solutions to support the integration and production of natural gas fuel and storage systems, hybrid, fuel cell, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum is headquartered in Lake Forest, California, and has operations and affiliations in the United States, Canada, and India.
More information about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: [email protected]
LAKE FOREST, California - Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, announced that it has received approximately $600,000 in purchase orders over the past several weeks for its light weight natural gas storage systems from the Wheeltime network.
The WheelTime Network is comprised of 18 member networks with a reach into over 180 installation and service locations nationwide. Quantum has been the exclusive supplier of compressed natural gas storage systems to the WheelTime Network for aftermarket system conversions and is now expanding the relationship to include system installs on new OEM level trucks. Installations of these systems are performed at the WheelTime locations. Under an arrangement that began over two years ago, Quantum and WheelTime have been training and educating the network locations on installs, maintenance and service. As this relationship expands, the program has the potential of including all member locations and can provide the industry the needed support for ongoing service needs.
"We are excited to be expanding this relationship with additional orders and especially to include additional WheelTime members and locations," said Mr. Brian Olson, President and CEO of Quantum. "We are working closely with WheelTime on setting up new locations with installation and service training and providing turnkey system solutions to the medium and heavy duty truck industry. Our goal is to have this relationship reach all 50 states by leveraging their expansive geographic footprint and trucking industry prowess," continued Mr. Olson.
About Quantum:
Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the innovation, development and production of natural gas fuel storage systems and the integration of vehicle system technologies including engine and vehicle control systems and drivetrains. Quantum produces one of the most innovative, advanced, and light-weight compressed natural gas storage tanks in the world and supplies these tanks, in addition to fully-integrated natural gas storage systems, to truck and automotive OEMs and aftermarket and OEM truck integrators. Quantum provides low emission and fast-to-market solutions to support the integration and production of natural gas fuel and storage systems, hybrid, fuel cell, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum is headquartered in Lake Forest, California, and has operations and affiliations in the United States, Canada, and India.
More information about the products and services of Quantum can be found at http://www.qtww.com/ or you may contact:
Quantum Investor Relations
Phone: 949-399-4555
Email: [email protected]