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For Immediate Release 7 March, 2005
QuestAir H-3200 hydrogen purifier installed at Chevron Hydrogen Energy Station
BURNABY, B.C. - QuestAir Technologies Inc. (AIM: QAR; TSX: QAR), a developer and supplier of advanced gas purification systems for refinery, industrial and fuel cell markets, announced today that its H-3200 hydrogen purifier has been installed at the Chevron Hydrogen Energy Station located in Chino, California. The station, which was unveiled on 18 February 2005 , is the first of up to six hydrogen energy stations to be constructed in California by ChevronTexaco Hydrogen Company under the U.S. Department of Energy (DOE) "Controlled Hydrogen Fleet and Infrastructure Demonstration and Validation Program".
The hydrogen energy station is part of a five-year DOE cost-sharing program to demonstrate the use of safe, practical hydrogen and fuel cell technologies in real world operating conditions. The project is being led by ChevronTexaco Technology Ventures. The hydrogen energy station demonstrates the generation of hydrogen fuel from natural gas at the service station. QuestAir's H-3200 purifies hydrogen produced from natural gas using proprietary small-scale hydrogen production technology developed by ChevronTexaco Technology Ventures LLC. Purified hydrogen from the station is used to fuel a fleet of fuel cell powered sport utility vehicles. "We are extremely pleased to provide QuestAir's hydrogen purification technology and expertise to this high profile DOE funded project," said Jonathan Wilkinson, President and CEO of QuestAir, "California is leading the world in the construction of hydrogen fueling infrastructure to support the demonstration of fuel cell vehicle fleets, with 24 stations either planned or already in operation."
QuestAir's H-3200 purifies gas streams containing hydrogen to high-purity hydrogen for use in industrial processes, hydrogen fueling stations and stationary fuel cell power plants. The H-3200's optimized Pressure Swing Adsorption (PSA) process and proprietary rotary valve technology deliver higher efficiency than conventional PSA systems in a more compact, cost-effective package. Since the product launch in 2003, QuestAir has sold 24 H-3200 systems to customers in Europe, Japan and North America. Certain statements in this press release may constitute ''forward-looking'' statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, such statements use such words as "anticipate", "believe", "plan", "estimate", "expect", "intend", ''may'', ''will'' and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this press release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. -30- About QuestAir Technologies Inc.
QuestAir Technologies, Inc. is a developer and supplier of proprietary gas purification systems for several large international markets, including existing markets such as oil refining, biogas production and natural gas processing, and emerging markets such as fuel cell power plants and fuel cell vehicle refuelling stations. The Company has joint development agreements with Exxon Mobil Research and Engineering Company and Shell Hydrogen, and a collaboration with FuelCell Energy. QuestAir is based in Burnaby , British Columbia and its shares trade on the AIM Market of the London Stock Exchange Plc. and on the Toronto Stock Exchange under the symbol "QAR".
For further information please contact:
QuestAir Technologies Inc.
Andrew Hall
Director, Corporate Development and External Communications
Phone: (001) 604-453-6967
Email: hall@questairinc.com
Web: www.questairinc.com
UK media contact:
Charles Ryland
Ben Willey
Eleanor Williamson
Buchanan Communications
Phone: +44 (0) 20 7466 5000
Canadian media contact:
Pamela Smith
James Hoggan + Associates
Phone: (001) 604-739-7500 |
