New York, NY, - May 29 , 2012 – (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), trading at $0.6798, gaining 0.0698(11.44%) 12:18PM on over 600,000 shares.
Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW),
announced that it has received a new $750,000 contract from a leading
global natural gas vehicle systems developer for supplying its
industry-leading ultra-lightweight carbon composite compressed natural
gas (CNG) storage tanks for a high volume light duty pickup truck
platform.
About Quantum: (NASDAQ: QTWW),
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. The Company'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. The Company'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. The Company's customer base includes
automotive OEMs, fleets, aerospace industry, military and other
governmental agencies, and other strategic alliance partners. The
Company's wholly owned subsidiary, Schneider Power Inc., and affiliate,
Asola Solarpower GmbH, complement the Company'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.
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