For Immediate Release 28 July, 2006
QuestAir receives final order from ExxonMobil Research and Engineering for refinery demonstration
VANCOUVER, B.C. – QuestAir Technologies Inc. (TSX: QAR; AIM: QAR) (“QuestAir” or the “Company”) announced today that it has received a CDN $2.2 million purchase order from ExxonMobil to complete construction of a prototype hydrogen purifier to be demonstrated at an Exxon Mobil refinery.
QuestAir has been working with ExxonMobil Research and Engineering since 2003 to develop a large capacity pressure swing adsorption (“PSA”) system for use in oil refineries and petrochemical plants. The order announced today covers the supply of QuestAir’s proprietary PSA system as part of the prototype plant. In December 2005, QuestAir received initial purchase orders totalling CDN $1.8 million towards the prototype plant construction.
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 refueling stations. 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”
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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