Drive the Future With Fisker Automotive, A New Green American Premium Car Company

Drive the Future With Fisker Automotive, A New Green American Premium Car Company

September 05, 2007

    IRVINE, Calif., Sept. 5 /Xinhua-PRNewswire/ -- Quantum
Technologies and Fisker Coachbuild, LLC announce the launch
of a joint venture in Fisker Automotive, Inc. -- a green
American premium car company.  Fisker Automotive will offer
a range of environmentally friendly premium cars -- with the
first production car to make its Worldwide North American
debut at the 2008 Detroit Auto Show in January.  Initial
production is anticipated to be 15,000 vehicles annually
with pricing to start under $100,000. 

    ( Logo:
http://www.newscom.com/cgi-bin/prnh/20070905/LAW009LOGO )

    Design and technology development are already underway
for the first production car.  All models will feature
cutting-edge plug-in hybrid technology penned as Quantum
Drive, developed by Quantum Technologies exclusively for
Fisker Automotive.  This all-new plug-in Quantum Drive
chassis layout will allow Fisker to design innovative
luxury cars with uncompromised proportions.

    The Fisker name has attracted and attained worldwide
brand recognition, thanks to years of first-class
automotive designs.  Over his 18 years in the car design
business, Henrik Fisker has left his thumbprint on some of
the most highly regarded automobiles.  His creations range
from the BMW Z8, Aston Martin DB9 & V8 Vantage to his
most recent creations -- the Tramonto and Latigo CS,
designed under the Fisker Coachbuild nameplate.  Fisker
Automotive will retain the orange and blue logo originated
at Fisker Coachbuild.

    "The troubled environment is captivating the
attention of the world.  Developing a premium luxury green
car which also delivers attractive design can make a
difference.  We are extremely excited to join our
automotive design expertise with the plug-in hybrid
technology of Quantum in Quantum Drive.  This breakthrough
chassis development will allow us to deliver a design with
dramatic proportions -- one which will carry the Fisker
badge," expressed Henrik Fisker, CEO of Fisker
Automotive, Inc. "We want people to drive beautiful
fast cars that make environmental sense -- cars that are
eco-chic and will have less of an impact on global
warming."

    Quantum Technologies has a long history of advancing
technology.  Benefits in developing an entirely new,
from-the-ground-up design for a plug-in hybrid vehicle
include optimized fuel efficiency and performance,
unchanged gas station infrastructure, home based battery
recharging with any 110-volt outlet at a fraction of the
cost.  A cleaner and a quieter car for local travel ... all
with the most advanced comforts that are anticipated with a
luxury car.

    "Our goal here is to deliver the advancement that
Quantum Technologies has made in the area of plug-in hybrid
technology. By combining our efforts with the renowned
design talent of Henrik Fisker, we can produce a car that
makes a difference to the environment -- without
sacrificing the luxury that accompanies the finest
automobiles," stated Alan Niedzwiecki, CEO Quantum
Technologies.

    Fisker Automotive is a privately owned car company,
operated by executive management teams of Fisker
Coachbuild, LLC and Quantum Technologies with Henrik Fisker
as the CEO of Fisker Automotive. Fisker Coachbuild, LLC will
be the exclusive design house for Fisker Automotive through
the entire range of product development.

    About Quantum Technologies:

    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 Advanced
Lithium Power Ltd.  Quantum also provides engineering
services including vehicle development and homologation and
second stage vehicle manufacturing through its subsidiary
Tecstar.

    About Fisker Coachbuild, LLC:

    Fisker Coachbuild, LLC is a privately owned company
that has brought a new vision to the world of exotic,
high-end performance sports cars.  Their distinctively
designed and expertly engineered automobiles are hand
crafted using only the best quality materials and infused
with cutting-edge safety technology.  Fisker Coachbuild
offers elegant and timeless sports cars of limited
production providing the ultimate in exclusivity.  The
Fisker line is currently comprised of the Tramonto and
Latigo CS.  Creative design services are also carried out
for further brand recognition within Fisker Coachbuild
through merchandising.  Designed by Fisker Coachbuild has
also made its mark with the Artega GT design recently
launched at the Geneva Auto Show in 2007.  Now the future
strategy will be to focus solely on the design of the
environmental friendly premium cars for Fisker Automotive,
Inc. 



    For more information, please contact:

     Fisker Automotive
     Tel:   [phone]
     Fax:   [phone]
     Email: [e-mail]