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For Immediate Release 8 January, 2007
QuestAir receives follow-on order for H-3200 hydrogen purifiers from HyRadix Inc.
BURNABY, B.C. – QuestAir Technologies Inc. (AIM: QAR; TSX: QAR) announced today that it has received a follow-on order from HyRadix Inc. for 10 H-3200 hydrogen purifiers, for use in HyRadix’s Aptus® and Adéo® hydrogen generators. HyRadix will take immediate delivery of the first two H-3200 units, manufactured to CE specifications for the European market.
Jonathan Wilkinson, QuestAir’s President and CEO said that this new order was placed under the terms of a five-year preferred supplier agreement signed by QuestAir and HyRadix in June 2005.
“HyRadix has made tremendous progress with the sales of its Aptus and Adéo hydrogen generators, having placed systems at customer sites in both North America and Asia over the past two years. The 10-unit order received today further illustrates the strong value proposition offered by HyRadix’s hydrogen generators, including QuestAir’s H-3200 purifiers,” Wilkinson said.
In June 2005 QuestAir and HyRadix signed a five-year preferred supplier agreement, under which QuestAir’s H-3200 hydrogen purifiers are integrated into HyRadix’s current range of Aptus and Adéo branded hydrogen generators. HyRadix’s Aptus hydrogen generator targets industrial markets including metals heat 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.
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 40 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
Phone: (001) 604-453-6967
Email: hall@questairinc.com
Web: www.questairinc.com |
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UK media contact:
Charles Ryland
Ben Willey
Buchanan Communications
Phone: +44 (0) 20 7466 5000 |
Canadian media contact:
Glen Edwards
Karyo Communications
Phone: (001) 604-623-3007 |
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Canaccord Adams:
Mark Ashurst
Erin Needra
Phone: +44 207 050 6500 |
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