Quantum Fuel Systems Technologies Discusses its Strategic Plans to Provide the Heavy Duty OEM Market Complete CNG Storage Systems

LAKE FOREST, Calif., May 7, 2014 -- Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW), a global leader in natural gas storage systems, integration and vehicle system technologies, announced its strategic direction to service the heavy duty OEM market segment, in addition to other market segments, with natural gas storage systems.  The Company recently announced a major long-term supply agreement with a major transportation company under which the Company will supply compressed natural gas (CNG) fuel storage tanks and module systems. 

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Sypris Reports First Quarter Results

Revenue, Margins and Earnings Post Solid Growth

LOUISVILLE, Ky.-- Sypris Solutions, Inc. (Nasdaq/NM: SYPR) today reported financial results for its first quarter ended March 30, 2014.

HIGHLIGHTS

  • Revenue for the Company was $84.2 million, an increase of 7% from $78.4 million for the first quarter of 2013 and up 14% sequentially from the fourth quarter of last year.
  • Gross profit increased 31% to $10.6 million, up from $8.1 million for the first quarter of 2013 and up 66% sequentially from the fourth quarter of 2013.
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Westport Reports First Quarter Fiscal 2014 Financial Results

~ First Quarter Revenue Up 39% Year over Year; Step Change Improvement in Westport Operating Business Units' Adjusted EBITDA ~

VANCOUVER, May 1, 2014 - Westport Innovations Inc. (TSX:WPT / NASDAQ:WPRT), engineering the world's most advanced natural gas engines and systems, today reported financial results for the first quarter ended March 31, 2014 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

Highlights include: Revenue & Net Results:

  • Westport revenue, excluding joint ventures' revenues, for the quarter ended March 31, 2014 was $41.9 million compared with $30.1 million for the same period last year, an increase of 39%.
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CDTi Receives EPA Verifications for Purifilter(R)EGR and Purifilter(R)OR

Clean Diesel Technologies, Inc. (CDTI) ("CDTi"), a leader in advanced emissions control solutions, is pleased to announce that it has received two significant emission reduction product verifications from the U.S. Environmental Protection Agency (the "EPA") for use in heavy duty highway truck engines and off-road engines.

The uniquely designed Purifilter(R)EGR, featuring CDTi's proprietary MPC(R) technology, is a passively-regenerating diesel particulate filter that provides exceptional filtration and regeneration efficiency for the removal of particulate matter. The EPA first verified Purifilter(R)EGR for 2002-2010 heavy duty highway truck engines in November 2012. In October 2013, the EPA extended the verification to cover all exhaust gas recirculation ("EGR") and non-EGR heavy duty highway engines certified with particulate matter emissions at or below 0.1 g/hp-hr manufactured between 1993 and 2010.

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Quantum Technologies Reports 2013 Third Quarter Financial Results

- Company reports continued growth and sequential improvements in quarterly results from continuing operations as a result of record levels of CNG related product and engineering services revenue

Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW), a global leader in compressed natural gas (CNG) storage systems, integration and vehicle system technologies, today reported its results for the third quarter 2013. Conference call information is provided below.

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