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Microcap & Penny Stocks : Quantum Fuel Sys (NAS.GM: QTWW)

QTWW 0.0801

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Apr 8 5:00 PM EST

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From: Glenn Petersen	3/11/2014 9:42:13 AM
	1 Recommendation of 271

Quantum Announces Significant Order for Large-Diameter Q-Lite® Tanks for Class 8 Heavy Duty Truck Applications LAKE FOREST, Calif., March 11, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. ( QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced it received a $5.3 million order for its industry leading large-diameter Q-Lite CNG storage tanks. The order includes certain add-on features that could drive the total value of the order to in excess of $6.0 million. "The order represents continued strong interest in converting heavy duty class 8 trucks to compressed natural gas (CNG)," said Mr. Brian Olson, President and CEO of Quantum. "Our high-capacity, light-weight type IV tank technology is gaining momentum in the heavy duty marketplace due to its ability to offer the needed range for this market segment," concluded Mr. Olson. <snip> finance.yahoo.com

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