DALLAS, Jan. 22, 2010 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq:QTWW). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
It is available at: http://www.investorsoup.com/lp/QTWW
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Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) is a fully integrated alternative energy company, and a player in the development and production of propulsion systems, energy storage technologies, and alternative fuel vehicles. The Company's portfolio of technologies include electronic controls, hybrid electric drive systems, hydrogen storage and metering systems, and alternative fuel technologies that enable fuel efficient, low emission hybrid, plug-in electric hybrid, fuel cell and alternative fuel vehicles.
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In the report, the analyst notes:
"QTWW yesterday announced that it has entered into a letter of intent with Fisker Automotive that outlines the terms of a production and licensing agreement for the Fisker Karma Program. Under the supply arrangement, QTWW will be the exclusive supplier of the Q-DriveTM hybrid control systems including the hybrid controller and Quantum's proprietary hybrid control software, the inverters and QTWW's proprietary motor control software, on-board charger and control systems, the DC-DC converter and the solar roof module, subject to the Company meeting the required price, performance, quality and delivery specifications. QTWW would also receive a royalty payment on each Karma sold that incorporates QTWW's Q Drive.
"QTWW is delinquent in their filing of regulatory Form 10-Q and has filed an NT 10-Q (notification of inability to timely file Form 10-Q)."
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