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For Immediate Release 17 August, 2006
QuestAir to supply hydrogen purification technology to
Synthetic Fuels Plant
VANCOUVER, B.C. – QuestAir Technologies Inc. (AIM: QAR; TSX: QAR) announced today that one of its H-3200 hydrogen purifiers will be included in a synthetic fuels plant located near Denver, Colorado.
The plant, or Product Development Unit (“PDU”), is currently being constructed by Rentech, Inc., a leading developer of technologies and projects that transform under-utilized energy resources into clean alternative transportation fuels. The PDU will provide finished product to end users for testing purposes as well as being a training facility for Rentech's patented and proprietary process. The plant will produce approximately 10 barrels per day of ultra-clean transportation fuels from coal.
Jonathan Wilkinson, President and CEO of QuestAir said that QuestAir’s H-3200 pressure swing adsorption (“PSA”) system will purify hydrogen for use in the upgrading of liquid fuels in the coal-to-liquids plant.
“We are extremely pleased to be working with Rentech on this project, which we believe is the first fully integrated coal-to-liquids facility in the US,” said Wilkinson. “This technology has the potential to convert large under-utilized resources including coal, into clean burning transportation fuels to supplement dwindling and ever more expensive supplies of conventional oil. We are excited by the potential growth opportunity that the emerging synthetic fuels market offers for our proprietary hydrogen purification technology.”
About QuestAir H-3200
QuestAir’s H-3200 purifies hydrogen-containing gas streams to high purity hydrogen for use in industrial processes, on-site hydrogen plants and hydrogen fueling stations. 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 30 H-3200 systems to customers in Europe, Japan and North America.
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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