Save the enviroment, fuel frices, oil companies

Annual reconstitution of Russell's U.S. indices captures the 4,000

largest U.S. stocks as of the end of May, ranking them by total market

capitalization. Membership in the Russell 3000, which remains in place for
one year, means automatic inclusion in the large-cap Russell 1000(R) Index
or small-cap Russell 2000(R) Index as well as the appropriate growth and
value style indexes. Russell determines membership for its equity indexes
primarily by objective, market-capitalization rankings and style
attributes.

Alan P. Niedzwiecki, President and CEO of Quantum, commented: "Being
included in the Russell 3000 Index is a great opportunity to increase our
visibility within the investment community and supports our viability as a
premier provider of advanced energy technologies and solutions." He went on
to say, "We believe we are on the leading edge of a new automotive age as
we move to the electrification of the automobile. As worldwide demand and
other pressures on oil, such as an over reliance by developing countries,
continues to rise, and as people seek cleaner and more renewable power
sources, demand for our hybrid propulsion systems and other alternatives
such as Quantum's fuel cell systems technology, will continue to increase."

Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for both passive
and active investment strategies. An industry-leading $4.4 trillion in
assets currently are benchmarked to them. These investment tools originated
from Russell's multi-manager investment business in the early 1980s when
the company saw the need for a more objective, market-driven set of
benchmarks in order to evaluate outside investment managers.

Real-time market analysis on the Russell 3000 and other Russell Indexes
is available at
http://www.russell.com/Indexes/performance/real_time_market_analysis.asp.

The Russell 3000 also serves as the U.S. component to the Russell
Global Index, which Russell launched last year.

About Quantum Fuel Systems Technologies Worldwide, Inc.

Quantum Fuel Systems Technologies Worldwide Inc., a fully integrated
alternative energy company, is a leader in the development and production
of advanced propulsion systems, energy storage technologies, and
alternative fuel vehicles. Quantum's portfolio of technologies includes
advanced lithium-ion battery systems, electronic controls, hybrid electric
drive systems, hydrogen storage and metering systems, and alternative fuel
technologies that enable fuel efficient, low emission hybrid, plug-in
hybrid electric, fuel cell, and alternative fuel vehicles. Quantum's
power-train engineering, system integration, vehicle manufacturing, and
assembly capabilities provide fast-to-market solutions to support the
production of hybrid, plug-in hybrid, hydrogen-powered hybrid, fuel cell,
alternative fuel, and specialty vehicles as well as modular, transportable,
hydrogen refueling stations. Quantum's customer base includes automotive
OEMs, dealer networks, fleets, aerospace industry, military and other
government entities, and other strategic alliance partners. For more
information, visit http://www.qtww.com.

About Russell

Russell Investments aims to improve financial security for people by
providing strategic advice, world-class implementation, state-of-the-art
performance benchmarks, and a range of institutional-quality investment
products. With more than $213 billion in assets under management, Russell
serves individual, institutional and advisor clients in more than 40
countries. Russell provides access to some of the world's best money
managers. It helps investors put this access to work in corporate defined
benefit and defined contribution plans, and in the life savings of
individual investors. Headquartered in Tacoma, Wash., Russell has principal
offices in Amsterdam, Auckland, Johannesburg, London, Melbourne, New York,
Paris, San Francisco, Seoul, Singapore, Sydney, Tokyo and Toronto.

For more information on Russell indexes, go to http://www.russell.com.

Forward-Looking Statements:

Except for historical information, the statements, expectations, and
assumptions contained in the foregoing press release are forward-looking
statements. Such forward-looking statements include, but are not limited
to, the Company's expectations regarding expected future Nasdaq listing
compliance and other statements about the future expectations, beliefs,
goals, plans, or prospects expressed by management. Such statements are
subject to a number of risks and uncertainties, and actual results could
differ materially from those discussed in any forward-looking statement.
Reference should also be made to the risk factors set forth from time to
time in the Company's SEC reports, including but not limited to those
contained in the section entitled "Risk Factors" in the Company's Annual
Report on Form 10-K for the fiscal year ended April 30, 2007. The Company
does not undertake to update or revise any of its forward-looking
statements even if experience or future changes show that the indicated
results or events will not be realized.



Contact:

At the Company:

Dale Rasmussen
Investor Relations
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it
1-206-315-8242

Investor Relations:

RedChip Companies, Inc.
Sanford Diday
1-800-REDCHIP (733-2447, Ext. 115)
This e-mail address is being protected from spambots, you need JavaScript enabled to view it
http://www.redchip.com

(C)2008 Quantum Fuel Systems Technologies Worldwide, Inc.
Advanced Technology Center
17872 Cartwright Road, Irvine, CA 92614
Phone 949-399-4500 Fax 949-399-4600