Fisker Automotive Announces New Engineering and Development Center in Pontiac, Michigan
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Fisker Automotive Announces New Engineering and Development Center in Pontiac, Michigan

34,000 Square Foot Facility to House up to 200 Engineers and Designers

IRVINE, Calif., Nov. 10 /PRNewswire/ -- Fisker Automotive, Inc., a green American premium car company, today announced the opening of a new Engineering and Development Center in Pontiac, Michigan. The 34,000 square foot facility will house up to 200 engineers and designers, who will support the development and production program of Fisker Automotive's first production car, the Fisker Karma.

"The available talent, supplier base and infrastructure in Michigan will help us reach our production goal," said Fisker Automotive COO Bernhard Koehler. "While Fisker Automotive will continue to be headquartered in Irvine, California, the new facility will allow us the opportunity to collaborate with our Michigan supplier base and have everyone under one roof."

The opening of the facility comes on the heels of Fisker Automotive's recent announcement that it prevailed in a lawsuit brought against the company by Tesla Motors Inc.

With 50 miles of electric range and more than 350 miles of total range, the Fisker Karma with its proprietary Q-DRIVE powertrain developed by Quantum Technologies, will have the potential for a fuel economy of over 100 miles per gallon (MPG) on extended drives. Boasting a top speed of 125mph and 0-60 acceleration in less than 6 seconds, the Fisker Karma is poised to be the world's first true luxury plug-in hybrid sports car.

Initial domestic deliveries of the Fisker Karma will commence in the 4th quarter of 2009 in North America with planned delivery to the U.S. and Europe. Fisker Automotive's annual production is projected to reach 15,000 vehicles by 2011.

Fisker Automotive, Inc.

Fisker Automotive is a privately owned car company with Henrik Fisker as the CEO. The company has backing from Kleiner Perkins Caufield & Byers, Palo Alto Investors and QIA. The company is based in Irvine, California.

www.fiskerautomotive.com

About Quantum Technologies (Nasdaq: QTWW):

Quantum is a publicly traded, world leader and OEM supplier of state-of-the-art clean propulsion technologies, fuel and energy storage technologies and services including propulsion systems for hydrogen fuel cell vehicles, hydrogen internal combustion engine vehicles, compressed natural gas vehicles, liquid petroleum vehicles, hybrid electric vehicles and plug-in hybrids based on advanced electronic control systems and Lithium Ion batteries developed by Quantum's strategic alliance partner. Quantum also provides engineering services including vehicle development and homologation.

www.qtww.com

    Inquiries: Sylvia Navarro
    Telephone: 1-949-242-4911
    Fax: 1-949-757-4230
    press@fiskerautomotive.com

Web site: http://www.fiskerautomotive.com/
http://www.qtww.com/