IRVINE, Calif., Feb. 1, 2012 /PRNewswire/ — Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW), a leader in the development and production of advanced electric propulsion systems, energy storage technologies, and alternative fuel vehicle systems and applications including natural gas vehicles, hybrid electric, plug-in hybrid and hydrogen vehicles announced that it will present at the Merriman Capital Investor Summit 2012 at the Intercontinental Times Square in New York City. Mr. Alan P. Niedzwiecki, President and Chief Executive Officer, is scheduled to present to leading institutional investors today, Wednesday, February 1, 2012.

“We look forward to showcasing our company to some of the country’s top clean tech and growth investors at this year’s Merriman Capital Investor Summit 2012,” said Alan P. Niedzwiecki. “This is an ideal venue in which we can provide an important update of our growth strategy and achievements.”

About Merriman Capital, Inc.:

Merriman Capital, Inc. is an investment banking firm providing equity and options execution services, market making, and differentiated research for high growth companies. We also provide capital raising, advisory, and M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is the leading investment banking firm for OTCQX companies. For more information, please go to http://www.merrimanco.com/. Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/contact.cfm.

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 Solarpower 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.

Forward Looking Statements:

This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this report, other than those that are historical, are forward-looking statements and can generally be identified by words such as “may,” “could,” “will,” “should,” “assume,” “expect,” “anticipate,” “plan,” “intend,” “believe,” “predict,” “estimate,” “forecast,” “outlook,” “potential,” or “continue,” or the negative of these terms, and other comparable terminology. Various risks and uncertainties, such as whether growth in the CNG industry continues in 2012 at the rate we are forecasting, the timing and delivery of the CNG storage systems, the number of CNG orders the Company actually receives during the 2012 calendar year, whether the Company’s is able to maintain a competitive advantage in CNG light weight storage systems, whether we are able to meet our customers demand for CNG storage systems, the number of production orders we receive from Fisker Automotive, Inc. during the 2012 calendar year, and those risk and uncertainties described in the “Risk Factors” section of our periodic filings with the Securities and Exchange Commission, could cause actual results, and actual events that occur, to differ materially from those contemplated by the forward looking statements. Except as otherwise required by law, the Company undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.

More information can be found about the products and services of Quantum, Schneider Power and Asola at http://www.qtww.com/ or you may contact:

Brion D. Tanous
Principal, CleanTech IR, Inc.
Email: btanous@cleantech-ir.com
310-541-6824

Dale Rasmusse
Email: drasmussen@qtww.com
206-315-8242

SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.