Quantum Technologies and SBE Sign a Technology Agreement

Irvine, CA and Barre, VT, Dec. 23, 2011 /PRNewswire/ – For immediate release

Quantum Fuel Systems Technologies Worldwide, Inc.
(Nasdaq: QTWW) and SBE, Inc. (DBA SB Electronics) announced today a technology partnership between the two companies. As part of this partnership, SBE, Inc. is providing a novel integrated capacitor / bus structure design solution for Quantum power electronics for automotive applications. Quantum expects to launch this new technology in its drive system products starting in 2012. The SBE integrated module is an innovative approach which offers many benefits such as higher performance, weight reduction, smaller packaging and total system cost savings.

Quantum Fuel Systems Technologies Worldwide, Inc.

We expect the SBE integrated capacitor/bus structure to enable substantial packaging and performance advantages in our electric and hybrid-electric drive systems.” said Alan Niedzwiecki, CEO Quantum Technologies.

SBE is pleased that Quantum Technologies is one of the first implementers of our advanced integrated capacitor / bus designs. We are proud to be partnering with a leading technology drivetrain provider like Quantum.” said Ed Sawyer, President and CEO for SBE Inc.

Jon Bereisa, Senior Technical Advisor for SBE Inc. added: “The electrification of the automobile has successfully reached the technical feasibility stage today. Cost improvements are needed to reach the commercial viability stage for mass market acceptance. Cost must be attacked everywhere. The SBE power ring capacitor technology is a major enabler for power electronics design simplification, up-integration, and higher temperature operation to significantly drive down the cost while improving performance.”

About Quantum

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 wholly owned subsidiary, Schneider Power Inc., and affiliate Asola Advanced and Automotive Solar Systems GmbH complement Quantum’s emerging renewable energy presence through the development and ownership of wind and solar farms, and manufacture of high efficiency solar modules. Quantum’s portfolio of technologies includes electronic controls, hybrid electric drive systems, natural gas and hydrogen storage and metering systems and alternative fuel technologies that enable fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and natural gas vehicles. Quantum’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 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.

About SBE

SBE Inc. is a leading developer and manufacturer of film capacitor solutions that provide a much higher degree of reliability, higher power density, and simpler cooling infrastructure in demanding applications, particularly for automotive/transportation, alternative energy, utilities, power supplies/laser and military/aerospace. Recently, SBE has brought this technology to a new level by developing integrated capacitor/bus structure/cooling/IGBT inverter topologies, in partnership with industry leaders. Originally a Sprague Electric Plant, SBE has been manufacturing capacitors for over 50 years; producing over a billion capacitors, including the renowned Orange Drop®. With the newer development of its DC Link Power Ring Film Capacitor™, SBE Inc. was recently awarded a $9.1 Million grant by the Department of Energy to build a world class facility for the manufacture of this line of capacitors used in drivetrain inverters for plug-in hybrid and electric drive vehicles. The company’s headquarters, engineering, product development center and manufacturing operation are located in Barre, Vermont.

MEDIA CONTACTS

SBE Inc.
Christine Sawyer, Director of Marketing
Tel: 802-476-4146
Email: [email protected]

Quantum Fuel Systems Technologies Worldwide, Inc.
Brion D. Tanous
Principal, CleanTech IR, Inc.
Tel: 310-541-6824
Email: [email protected]

Dale Rasmussen
Tel: 206-315-8242
Email: [email protected]

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