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Quantum Ships Hybrid Vehicles to U.S. Army

Quantum Fuel Systems Technologies Worldwide, Inc., (Nasdaq: QTWW – News) announced today, the delivery of two new hybrid electric vehicles to the U.S. Army. The U.S. Army TARDEC’s NAC (Tank-Automotive Research, Development and Engineering Center’s National Automotive Center) will unveil the Quantum MP Hybrid(TM) vehicles at the Society of Automotive Engineers (SAE) 2005 World Congress, which opened today. The Quantum MP Hybrid(TM) is a low cost, light duty vehicle designed to support a variety of military, homeland defense, and commercial applications. This dual use military/commercial platform offers reduced fuel consumption and vehicle maintenance costs, while providing other benefits such as quiet operation, on-board power generation via removable/remote power supplies, and ease of maintenance. These first two vehicles incorporate diesel electric hybrid drive systems to capitalize on the Army’s existing diesel fuel infrastructure. The Quantum MP Hybrid(TM) can also be configured with hydrogen-powered internal combustion engines or fuel cells. Quantum will continue its discussions with the U.S. Army to advance the hydrogen applications. The military version features a removable 5 kW “briefcase-size” generator set. The other vehicle is configured for civilian use, demonstrating dual use applications that will enable cost reductions to the military through economies of scale. Both vehicles will […]

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Business Ethics Magazine Lists ''100 Best Corporate Citizens''

Business Ethics Magazine released its annual survey of the “100 Best Corporate Citizens” in the Spring 2005 issue published Thursday. The survey has gained national recognition as an indicator of best practices in the area of corporate social responsibility. This year’s “100 Best” list is led by Cummins, Inc. (NYSE: CMI), a Columbus, Indiana-based engine manufacturer cited as a world leader in emissions reductions. Cummins has made the “100 Best” list every year since its inception six years ago. Green Mountain Coffee Roasters (NASDAQ: GMCR) of Waterbury, Vermont was the #2 rated company, hailed as “a pioneer in helping struggling coffee growers by paying them fair trade prices.” St. Paul Travelers Companies (NYSE: STA) received the third-best rating, cited for community service. Five of the top ten companies listed – Cummins, St. Paul Travelers, Intel Corp. (NASDAQ: INTC), Hewlett-Packard (NYSE: HPQ) and Procter & Gamble (NYSE: PG) – have made the “100 Best” list every year since its inception six years ago. Two of those companies, Hewlett-Packard and Procter & Gamble, have made the top ten list six years in a row, while St. Paul Travelers has made it for the last five years. Rounding out the top ten this […]

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Business Ethics Magazine Lists ''100 Best Corporate Citizens''

Business Ethics Magazine has released its annual survey of the “100 Best Corporate Citizens” in the Spring 2005 issue published on Thursday. The survey has gained national recognition as an indicator of best practices in the area of corporate social responsibility. Many of the companies will be recognized at a New York event, the Business Ethics Summit, to be held on April 21, 2005. This year’s “100 Best” list is led by Cummins, Inc. (NYSE: CMI), a Columbus, Indiana-based engine manufacturer cited as a world leader in emissions reductions. Cummins has made the “100 Best” list every year since its inception six years ago. Green Mountain Coffee Roasters (NASDAQ: GMCR) of Waterbury, Vermont was the #2 rated company, hailed as “a pioneer in helping struggling coffee growers by paying them fair trade prices.” St. Paul Travelers Companies (NYSE: STA) received the third-best rating, cited for community service. Five of the top ten companies listed – Cummins, St. Paul Travelers, Intel Corp. (NASDAQ: INTC), Hewlett-Packard (NYSE: HPQ) and Procter & Gamble (NYSE: PG) – have made the “100 Best” list every year since its inception six years ago. Two of those companies, Hewlett-Packard and Procter & Gamble, have made the top […]

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