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For Immediate Release 27 June, 2005
QuestAir Technologies Signs Agreement with HyRadix Inc.
for Supply of Hydrogen Purification Systems
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 has signed an agreement to supply its H-3200 hydrogen purification systems to
HyRadix Inc., a leading developer of hydrogen generators for industrial and hydrogen
fueling applications. QuestAir also received a US$263,000 purchase order from HyRadix
for an initial delivery of H-3200 units, to be completed over the next year.
Under the terms of the five-year preferred supplier agreement, QuestAir’s H-3200
pressure swing adsorption (“PSA”) systems will be integrated into HyRadix’s current
range of Aptus™ and Adéo™ branded hydrogen generators. QuestAir’s H-3200 has been
customized to replace HyRadix’s existing PSA design. The Aptus™ and Adéo™
hydrogen generators convert natural gas or propane to hydrogen using proprietary high
pressure auto-thermal reforming technology. QuestAir’s H-3200 will purify the hydrogen
product to the demanding purity specifications required for industrial and fuel cell
markets.
Launched commercially in 2004, HyRadix’s Aptus™ hydrogen generator targets
industrial markets including metals treating, float glass plants, semi-conductor fabrication
and edible oil processing. The Adéo™ is used in fueling stations serving fuel cell
vehicles and internal combustion engines running on hydrogen or natural gas/hydrogen
blends. In 2004, HyRadix installed its first commercial Adéo™ system in a hydrogen
refueling station at SunLine Transit Agency in Thousand Palms, California.
Jonathan Wilkinson, President and CEO of QuestAir said, “HyRadix is well positioned to
become a leading supplier of hydrogen generation systems in both industrial markets and
the development of hydrogen fueling infrastructure. We believe that HyRadix’s range of
hydrogen generators, including QuestAir’s purification equipment, will offer customers a
strong economic proposition for reliable on-site hydrogen supply.”
Robert Gray, President and CEO of HyRadix said, “QuestAir’s H-3200 PSA system
demonstrated excellent performance and reliability during a recent demonstration test at
our test facilities. These product features, combined with the small footprint of the H-
3200 design, make QuestAir’s H-3200 the best choice for HyRadix’s commercial Aptus
and Adéo hydrogen generators.”
QuestAir’s H-3200 purifies hydrogen-containing gas streams 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 more than 25 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.
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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”.
About HyRadix Inc.
HyRadix, based in Des Plaines, Ill., is dedicated to the development and global
commercialization of hydrogen generation technology for hydrogen vehicle refueling,
industrial applications and for fuel cells. Using an innovative combination of technology
and equipment, HyRadix’s hydrogen generating appliances produce hydrogen from the
common infrastructure fuels, natural gas and LPG. For more information, please visit
www.hyradix.com.
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