QUANTUM Appoints Niedzwiecki President/CEO

September 02, 2002 by Jeff Shepard

QUANTUM Fuel Systems Technologies Worldwide Inc. (Irvine, CA) announced the appointment of Alan Niedzwiecki as President and Chief Executive Officer, effective immediately. Niedzwiecki was appointed president in February 2002 and has been serving as the chief operating officer since November 2001.

"We are pleased to announce the appointment of Alan Niedzwiecki to the position of President and CEO," commented Dale Rasmussen, QUANTUM's chairman of the board. "QUANTUM has already benefited greatly from Mr. Niedzwiecki's tremendous experience in the industry. He has been instrumental in expanding QUANTUM's customer and product-line base, and has implemented significant reductions in QUANTUM's burn rate. We believe he will build on these achievements and lead QUANTUM's continuing growth."