Quantum received multiple purchase from Ryder Quantum Fuel Systems Technologies Worldwide (QTWW) announced receipt of multiple purchase orders from Ryder (R) for more than 80 vehicles for Q-RailLITE and Q-CabLITE CNG fuel system modules. In May Quantum and Ryder entered into a long term agreement for the purchase and supply of complete CNG fuel systems for businesses that lease and rent CNG vehicles from Ryder. With the agreement, Ryder will purchase innovative CNG tank systems directly from Quantum and install them onto NG-powered vehicles using Ryder's network of certified installation facilities.
Quantum secures significant number of customers during Q1 Quantum Fuel Systems Technologies Worldwide announced that during the Q1 it secured a significant number of new customers and received strong order flow, indicating continued adoption of natural gas solutions in the market. The continued increase in new customers and expanded business opportunities has led to a developing order bank for Quantum's fully-integrated Q-CabLITE and Q-RailLITE CNG fuel storage systems and its industry leading Q-lite CNG storage tank.