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For Immediate Release 28 June 2007
QuestAir receives US$2.85 million order for biomethane purification system
BURNABY, B.C. – QuestAir Technologies Inc. (AIM: QAR; TSX: QAR) announced today that it has received an order valued at US$2.85 million for an M-3100 system to upgrade anaerobic digester gas created from organic waste to pipeline quality methane.
QuestAir’s multi-unit M-3100 system was purchased by Phase 3 Developments & Investments, LLC of Ohio, a developer of renewable energy projects in the agricultural sector. The plant will produce pipeline-grade methane from anaerobic digester gas generated from organic waste. The plant is expected to be fully operational in the spring of 2008.
Jonathan Wilkinson, QuestAir’s President and CEO, said: “Once constructed, we believe this plant will be one of the largest commercial facilities in North America to use an anaerobic digestion system to generate pipeline-grade methane from digester gas. Higher energy prices make the purification and recovery of methane from renewable sources a viable alternative to more traditional uses of biogas such as the generation of heat or electrical power.”
“Biogas purification is a very important market for QuestAir. We offer purification systems in a range of capacities to meet the needs of developers of renewable biomethane. The M-3100 is a scalable, skid - mounted system which can be used to purify methane generated from anaerobic digesters, water treatment plants and landfill gas,” Wilkinson added.
Norma McDonald, Operating Manager of Phase 3, said: "This is an important project for our company and frankly, for the US. The project puts the US on a course to catch up with Europe in the field of using and upgrading biogas generated from organic waste. Since electricity prices are much lower in the US, it is important for us to develop alternative markets for biogas. QuestA ir's systems provide a proven, reliable and costeffective route to pipeline-quality gas."
About QuestAir M-3100
QuestAir’s M-3100 purifies methane-containing gas streams such as landfill gas and anaerobic digester gas to high-purity methane, suitable for supplementing existing natural gas supplies. QuestAir’s PSA process and proprietary rotary valve technology deliver higher efficiency than conventional PSA systems in a more compact, cost-effective package. QuestAir’s M-3100 system can upgrade up to 20 million cubic feed of biogas per day.
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”.
About Phase 3 Developments & Investments, LLC
PHASE 3 DEVELOPMENTS & INVESTMENTS LLC provides services to agricultural customers related to renewable energy and bio-based products. Services include financing and grant application preparation, business and technical feasibility studies, marketing of renewable energy and bio -based products, including emission credits. As a project developer, PHASE 3 DEVELOPMENTS & INVESTMENTS LLC assists clients in the selection of vendors, equipment procurement, as well as the associated mechanical, electrical and controls engineering required to integrate individual pieces of purchased equipment or equipment modules. Clients may also benefit from PHASE 3 DEVELOPMENTS & INVESTMENTS LLC’s construction project management and commissioning services, including coordination with permitting agencies. PHASE 3 DEVELOPMENTS & INVESTMENTS LLC is a registered Ohio company, and qualifies as a small, women and veteran-owned business.
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
www.questairinc.com |
Phase 3 Developments & Investments LLC
Norma McDonald
Operating Manager
Phone: (001) 513-265-2758 |
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