Quantum's Schneider Power Subsidiary Acquires 10 MW Wind Farm in Ontario

Quantum Fuel Systems Technologies Worldwide, Inc.

today announced that its wholly-owned subsidiary, Schneider Power Inc. has acquired a newly constructed 10 megawatt utility-scale wind farm in Ontario, Canada. The Zephyr wind farm generation facility will supply electricity to the Ontario Power Authority under a 20-year renewable energy purchase contract, generating in excess of $3 million in estimated annual revenues. The project commenced power generation testing at 25% capacity on April 20th 2012, and is projected to go into full production on or about May 5th, producing more than 26.7 Giga watt-hours of clean electricity per year, enough to meet the needs of 3,000 Canadian households. The project is financed by Samsung Heavy Industries of Korea.