SOURCE: Quantum Energy, Inc.

October 31, 2014 07:30 ET

Quantum Energy Announces New Officer and Director

Advisory Board Chairman Becomes President and Joins Board of Directors

TEMPE, AZ--(Marketwired - Oct 31, 2014) - Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today that Neil Amondson has been selected as the new President of Quantum and named a member of the board of directors.

"Neil Amondson is a most welcome and valuable addition to the Quantum team as a local Williston presence with a proven Bakken track record," said Stan Wilson, Quantum's Chairman of the Board. "Neil's execution in aggregating the 400 acres for the $150 million plus NorthStar Transload currently under construction in East Fairview, North Dakota, makes him the ideal fit for Quantum's multiple Energy Center plan for the Bakken," Wilson said. "As a principal in one of the largest rail transload facilities in North Dakota, Neil has the demonstrated know how, experience and relationships we have been looking for at Quantum. More importantly, Neil's career path of real estate development, public service and political success is just the right mix for Quantum's ambitious agenda," Wilson added.

Mr. Amondson organized and directed Quantum's recent investors meeting in Bismarck at the offices of Quantum's strategic alliance partner, Bilfinger Westcon www.westconindustries.com.

Neil Amondson, has a diverse and distinguished resume that includes serving as the Principal and founder of HUNTER LIGHT -- an aggregate resources and project development firm. Amondson also serves as co-Founder and VP of NorthStar Transload (under construction) to be one of the Bakken's largest rail transload facility for crude oil and proppants, located in East Fairview, North Dakota. Mr. Amondson has been involved in all aspects of the real estate development spectrum. As a former Washington State Senator for SW Washington (1987-'94), Amondson has a "hands-on" understanding of the land use arena from both a regulatory and developer perspective. With experience in civil construction throughout the western United States, Amondson has served in a variety of capacities including Gen. Manager of one of the largest Urban Growth Area (UGA) expansions in Washington State history. Key to Amondson's most recent Bakken success, is the ability to bring diverse stakeholder opinions and objectives into a consensus based direction. Dedicated to positive outcomes, Neil Amondson pursues projects that bring value and creative opportunities to investors.

"I am honored to be asked to serve as President of Quantum. Quantum's vision is a game changer in the energy markets of the Bakken and our Nation. By providing real time solutions to local markets, both agriculture and industry will benefit from cost savings of which we all can be proud. We invite everyone who has worked so hard to get the Bakken to the forefront of the energy world to join us in returning independence and pride to our homeland," Amondson said.

About Quantum Energy, Inc.

QUANTUM ENERGY, INC. is a development stage, publicly traded, diversified holding company with offices in Williston, North Dakota. Quantum places an emphasis in refinery development, land holdings, oil and gas exploration, drilling, well completion and fuel distribution and has recently entered into a Strategic Alliance with Bilfinger Westcon to develop multiple Energy Centers that include a 20,000 barrel per day diesel refinery throughout the Bakken www.quantum-e.com.

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To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, further milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

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