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Segments to Increase Efficienciesy of Quantum Unites Business
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Written by Source: Quantum Fuel Systems Technologies Worldwide, Inc.   
Thursday, 04 September 2008
Quantum Fuel Systems Technologies Inc. a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles, today announced that it has completed the consolidation of its two California-based operational facilities into one location based in Lake Forest, California.
The Lake Forest campus, totaling approximately 100,000 square feet, includes the Company's existing propulsion system development operations, vehicle integration and prototype center, state-of-the-art emissions and dynamometer laboratory, and now includes all technology and product development, engineering and advanced research, and compressed tank manufacturing and assembly.

President and Chief Executive Officer of Quantum ` Mr. Alan Niedzwiecki ' Said  "Quantum is a leader in engineering and advanced propulsion system technologies for hybrid and alternative fueled vehicles, bringing new concept and production-intent vehicles to market, and serving as a tier-one supplier to automotive OEM's in commercializing advanced 'clean' vehicle technologies such as the Fisker KARMA,"

Mr. Niedzwiecki said "We are pleased to announce this move today as a critical step toward achieving our stated goals, and want to reinforce the positives of this move as strategic and tactical changes that both bolster and augment our current business operations, and allow us to respond cost-effectively to the growing demand from our customer base for quick-to-market solutions. The integration of these operational segments streamlines the operational movement of the company in a way that allows us to align and increase the efficiency of our supply chain environment, business process operations and management, and key corporate metrics alike, making our company lighter, and more nimble, and ultimately one step closer to profitability,"
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