For Immediate Release 1 June, 2006
QuestAir signs agreement to supply hydrogen purification systems to
Nuvera
VANCOUVER, B.C. – QuestAir Technologies Inc. (AIM: QAR; TSX: QAR) has signed
an agreement, valued at up to US$700,000, to supply its H-3300 hydrogen purifiers to
Nuvera Fuel Cells (“Nuvera”) through 2008. QuestAir also received a purchase order
from Nuvera for initial delivery of H-3300 units later this year.
Under the terms of the preferred supplier agreement, QuestAir’s H-3300 pressure swing
adsorption (“PSA”) systems will be integrated into Nuvera’s PowerTapTM branded
hydrogen generators. The PowerTapTM converts widely available fuels such as natural
gas and liquefied petroleum gas (“LPG”) to hydrogen. QuestAir’s H-3300 will purify the
hydrogen product to the demanding purity specifications required for fuel cell markets.
Jonathan Wilkinson, President and CEO of QuestAir said that Nuvera’s PowerTap™
hydrogen generator will provide hydrogen fuel for fuel cell powered industrial vehicles
such as forklifts and airport ground support vehicles.
“Fuel cells offer a compelling value proposition as a replacement for lead acid batteries in
forklifts and other industrial vehicles, and we expect that these markets will be aggressive
early adopters of fuel cell technology.”
“The supply of cost-effective hydrogen fuel at the distribution centers or work sites
where these vehicles are used is clearly a challenge. Nuvera’s PowerTapTM hydrogen
generator, including QuestAir’s H-3300, provides a compact, cost effective solution for
the distributed generation of this hydrogen fuel,” said Wilkinson.
Roberto Cordaro, President and CEO of Nuvera Fuel Cells said, “QuestAir has a
demonstrated track record in the supply of market-leading hydrogen purification systems,
and has met or exceeded product specifications and delivery schedules on PSA systems
supplied to Nuvera to date. QuestAir’s H-3300 PSA system offers superior performance
and a compact design which is ideally suited to the requirements of our PowerTap™ hydrogen generator.”
In 2004 Nuvera launched the PowerFlow™ range of fuel cell power modules for
industrial vehicles used in material handling, airport ground support, turf care,
construction and forestry. The PowerTapTM hydrogen generator will be offered as an
integrated solution for generating and dispensing hydrogen fuel to customers and users of
Nuvera’s PowerFlowTM fuel cell products.
About QuestAir H-3300
QuestAir’s H-3300 PSA product offers a compact and low cost hydrogen purification
solution for small capacity hydrogen generation systems. The H-3300 incorporates
QuestAir’s proprietary PSA process and rotary valve technology, and has hydrogen
product capacity of up to 30 normal cubic meters per hour (“NCMH”), at hydrogen
product purities of 99.999% or greater.
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 Nunera
Nuvera Fuel Cells (www.nuvera.com) is a leading designer, developer and manufacturer
of fuel cell power systems for the automotive, distributed generation, commercial, and
industrial markets. Since 1992, its fuel processors, fuel cell stacks and power systems
have been successfully tested and evaluated by major automobile and appliance
manufacturers, research institutions, telecommunications organizations, and industrial
and energy companies and end-use customers. Nuvera Fuel Cells operates facilities in
Cambridge, MA in the U.S. and in Milan, Italy, where its manufacturing operation is ISO
9001:2000 certified.
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.
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: 020 7466 5000
Canadian media contact:
Terry Foster
James Hoggan & Associates
Phone: (001) 604-739-7500
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