Irvine, Calif. May 13, 2008: Fisker Automotive, Inc. and Quantum
Technologies [NASDAQ: QTWW] announced today they are performing initial
vehicle testing and fine tuning the battery software management system
for the Fisker Karma plug-in hybrid production car. These initial test
track developments are taking place in Southern California.

Three Fisker Karma prototypes have been built, and are currently
undergoing testing for the electric powertrain developed by Quantum
Technologies.  Concurrently, the Fisker Automotive engineering team is
working on crash test simulation.  Further validation and certification
on the vehicles will be performed over the coming months.

“We are very excited about the initial test results of the Fisker Karma
prototype,” said Henrik Fisker, CEO, Fisker Automotive.  “The vehicle
dynamics and fuel economy have performed better than expected and we
remain on target for our fourth quarter 2009 initial delivery.”

In sport mode the Fisker Karma will offer a continuous top speed of 125
miles per hour (200km/h).  Electric only, or stealth mode, is capped at
95 miles per hour (150 km/h).  Preliminary testing of the lithium-ion
battery that powers the Fisker Karma has indicated a life expectancy of
more than 10 years.

Configured to meet the demands of today’s driver, the Fisker Karma’s
proprietary design allows consumers to drive the car emission free for
up to 50 miles a day provided the car is charged every evening.  With
more than 80 percent of daily commuters driving less than 50 miles (80
km) a day, consumers who drive the Fisker Karma could conceivably only
need to refuel the car but once a year.

Fisker Automotive is preparing to deliver its first Premium Edition
vehicles by fourth quarter 2009.  Currently, Fisker Automotive has
received more than 500 orders for the Fisker Karma since its 2008 debut
at the North American International Auto Show (NAIAS) in January.
Fisker Automotive will reach a full production of 1,250 vehicles per
month by the end of 2010. The starting estimated MSRP for the Fisker
Karma will be approximately $80,000 or EURO 80,000.