Quantum Delivers Hydrogen Storage Systems to Suzuki
IRVINE, Calif., May 6 --
Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW), announced
that it has developed and delivered proprietary light weight hydrogen fuel
storage and delivery systems for Suzuki Motor Corporation's Fuel Cell Vehicle
Program. Quantum was commissioned by Suzuki to design and integrate hydrogen
fuel systems that incorporate Quantum's proprietary ultra-lightweight, all
composite TriShield(TM) hydrogen tanks and its patented in-tank regulator.
The 5,000-psi (350 bar) systems meet regulatory standards in the U.S. (NGV2),
Japan (KHK), and Europe (EIHP).
"We selected Quantum as our hydrogen fuel storage and delivery system
supplier because of their strong experience with gaseous fuels and automotive
applications," said Hiroshi Tsuda, President and Chief Operating Officer of
Suzuki.
Alan Niedzwiecki, President and CEO of Quantum, said, "Suzuki is an
international leader in the personal mobility industry and we are proud to be
part of their fuel cell vehicle program. Quantum looks forward to the start of
a long term and mutually beneficial business relationship with Suzuki."
Suzuki Motor Corporation designs, builds and markets automobiles,
motorcycles and other products worldwide. Suzuki employs approximately 14,260
people and had consolidated net sales of over $14 billion in fiscal year 2002.
More information about Suzuki can be found on its website at
www.suzuki.co.jp .
In Other News: Quantum recently announced that it entered into an
agreement with Sumitomo Corporation, one of the world's leading trading and
investment firms. |
