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Quantum Fuel Systems Technologies Worldwide Announces Compliance With Nasdaq Global Market Requirements


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IRVINE, Calif., April 18 -- Quantum Fuel Systems Technologies Worldwide, Inc. , a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles, today announced that the company has met all requirements for continued listing on the NASDAQ Global Market stock exchange.

The bid price of the company's common stock has closed at $1.00 or higher for more than the required 10 consecutive days.

The Company's common stock will continue to trade on the NASDAQ Global Market under the symbol "QTWW."

About Quantum Fuel Systems Technologies Worldwide, Inc.

Quantum Fuel Systems Technologies Worldwide Inc., a fully integrated alternative energy company, is a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles. Quantum's portfolio of technologies includes advanced lithium-ion battery systems, electronic controls, hybrid electric drive systems, hydrogen storage and metering systems, and alternative fuel technologies that enable fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and alternative fuel vehicles. Quantum's power-train engineering, system integration, vehicle manufacturing, and assembly capabilities provide fast-to-market solutions to support the production of hybrid, plug-in hybrid, hydrogen-powered hybrid, fuel cell, alternative fuel, and specialty vehicles as well as modular, transportable, hydrogen refueling stations. Quantum's customer base includes automotive OEMs, dealer networks, fleets, aerospace industry, military and other government entities, and other strategic alliance partners. For more information, visit Quantum.