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For Immediate Release February 27,
2003
QUESTAIR TECHNOLOGIES INC RECEIVES 2002 CANADIAN INSTITUTE
OF ENERGY RESEARCH & DEVELOPMENT AWARD
BURNABY, BC – QuestAir Technologies Inc. is pleased to
announce that it has been
awarded the 2002 Energy Research and Development Award by
the Canadian Institute of
Energy (B.C.). The Energy Research and Development Award recognizes
the efforts of
B.C.-based firms that are conducting leading-edge research
into energy technology. The
evaluative criteria considered in this award include the degree
of innovation, commercial
market potential, environmental benefits, as well as the indirect
benefits (such as
productivity increases and product quality improvements) resulting
from the research.
Jonathan Wilkinson, President and CEO of QuestAir, said: “QuestAir
is honoured to
receive this award from the Canadian Institute of Energy (B.C.).
It is a recognition by our
peers of the groundbreaking progress that QuestAir has made
in the development of fast-cycle pressure swing adsorption
(“PSA”) technology for the purification of hydrogen
and
other gases. QuestAir’s PSA technology offers a unique
value proposition in the
emerging hydrogen economy, boosting the efficiency of fuel
cell systems, and providing
a compact purification solution for hydrogen fueling stations”.
Timo Makinen, Energy Awards Chair of the Canadian Institute
of Energy (B.C.) said:
“We are extremely pleased to present this year’s
Research and Development award to
QuestAir. The recent investment by Shell Hydrogen in QuestAir
is a testament to the
value of QuestAir’s technology across a broad range of
markets. We are pleased to see
that cutting-edge technology such as QuestAir’s continues
to be developed in B.C., and
we look forward to seeing QuestAir continue to bring its advanced
products to market.”
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About QuestAir Technologies
Inc.
QuestAir Technologies, Inc. has developed proprietary gas
purification technology that is
being applied to several large existing and emerging world
markets, including industrial
hydrogen production and stationary and automotive fuel cells.
QuestAir's proprietary
fast-cycle pressure swing adsorption ("PSA") technology
allows the developers of fuel
cell systems to increase the efficiency of their products,
and offers a compact, cost
effective gas purification solution to QuestAir's industrial
customers and developers of
hydrogen fueling infrastructure. QuestAir is a private company
based in Burnaby, British
Columbia whose shareholders and strategic partners include
Shell Hydrogen, Ballard
Power Systems and the BOC Group.
About The Canadian Institute of Energy
(B.C.)
The Canadian Institute of Energy (B.C.) (www.cienergy.org)
is a broadly based, non-profit
organization open to those involved in all aspects of the
energy industry. The
objectives of the B.C. Division are to provide a British Columbia
perspective on energy
technology, business and policy; to encourage energy research,
education and
dissemination of topical information; and to provide an unbiased
forum for discussion
and debate of energy-related issues. Membership at both the
organizational and
individual level is comprised of representatives of B.C. energy
companies, consulting and
service firms related to the energy industry and government
and regulatory agencies.
For more information, please contact:
QuestAir Media Contact
Andrew Hall
Tel: 604-453-6967
Email: hall@questairinc.com
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