Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) announced that it exhibited its F150 Plug-in Hybrid Electric (PHEV) pickup truck at the CleanTech OC 2011 Conference and Expo in Irvine, California, on September 12, 2011. The Quantum Ford F150 PHEV is powered by Quantum's "F-Drive" parallel hybrid drive system developed specifically for light duty truck applications. The substantially increased fuel economy of the Quantum F150 PHEV, combined with less maintenance cost, results in significant reduction of operating costs for the fleet operators without sacrificing reliability. CleanTech OC is a collaborative, multi-disciplinary trade association that seeks to promote economic growth in the Orange County clean technology industry, which is likely to be one of the most significant engines for job growth in Southern California over the next decade.
"We are pleased to have showcased the Quantum F150 PHEV at CleanTech OC 2011," said Alan Niedzwiecki, President and CEO of Quantum. "It demonstrates that Orange County is on the leading edge in providing usable and reliable alternative drive transportation solutions for which the Quantum F150 PHEV is a prime example. All fleets are faced with the challenge of reducing operating costs and lowering their carbon footprint and emission profile without forfeiting the reliability of their fleet in operation. The F150 PHEV provides a solution to that challenge."
Participants at the CleanTech OC 2011 Conference included leading corporations such as Disneyland, Allergan, KPMG International, Boeing and the Irvine Company and public agencies such as California Public Utilities Commission, California Energy Commission and Anaheim Public Utilities.
Last year, after dozens of applications were reviewed, Quantum was selected and honored as CleanTech OC Company of the Year. Brian Olson, Chief Financial Officer of Quantum Technologies, presented the 2011 Award to this year's recipient.
