For Immediate Release 11 May, 2007
QuestAir Appoints New Non-Executive Director
VANCOUVER, B.C. – QuestAir Technologies Inc. (AIM: QAR; TSX: QAR) announced today that Mr. R. Terry Blaney has been elected as a non-executive Director of the Company with immediate effect.
Mr. Blaney has 29 years of experience with various divisions of the Shell Group in Canada, Asia, and the USA, most recently as Director, Downstream Business, Shell (China) Limited. Mr. Blaney has extensive experience in the refining, logistics, marketing and retail sales sectors of the oil industry, and has held operational and senior managerial roles in Shell Canada Limited, Shell (China) Limited, Shell Oil Products East, and the Shell Odessa Refining Company. Previously, Mr. Blaney was Vice Chairman and a director of the Sinopec and Shell (Jiangsu) Petroleum Marketing Company Ltd., and a director for Shell Canada Oil Products Limited. He also served as President of RMO Site Management Inc., a wholly owned subsidiary of Shell Canada Limited, and as President and CEO of the Shell Odessa Refining Company. Mr. Blaney plans to retire from Shell with effect July 1, 2007, to pursue other interests.
Commenting on Mr. Blaney’s appointment to the QuestAir Board, Dr. Denis Connor, Chairman of QuestAir, said:
“We are delighted to welcome Terry to QuestAir’s Board. Terry brings a wealth of operational experience in the global oil industry which will be invaluable to QuestAir as we aggressively market the H-6200 hydrogen purifier to refinery customers around the world. Terry’s operational experience in Asia, and China in particular, will also be of great assistance as we seek to grow our commercial business in the fast growing Asian market.”
Mr. Blaney holds 1,000 shares of the Company, which he purchased prior to his appointment as a Director. The following details regarding Mr. Blaney are required to be disclosed under schedule 2 paragraph (g) of the rules governing the operation of AIM as established by the London Stock Exchange Plc. No other disclosures are required under Schedule 2 paragraph (g).
| Full Name: |
Robert Terry Blaney |
| Age: |
50 |
| Current Directorships: |
None |
| Past Directorships: |
Sinopec and Shell (Jiangsu) Petroleum Marketing Company Ltd. Shell Canada Oil Products Ltd. |
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.
Sherry Tryssenaar
Chief Financial Officer
Phone: (001) 604-453-6902
Email: tryssenaar@questairinc.com
Web: www.questairinc.com
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