For Immediate Release 23 August, 2007
QuestAir Announces Board Changes
VANCOUVER, B.C. – QuestAir Technologies Inc. (AIM: QAR; TSX: QAR) announced today that Harold Copping, a non-executive director of QuestAir since 2004, has given notice of intention to retire from the board of directors on September 30, 2007.
Mr. Copping's resignation is part of a managed transition that saw QuestAir appoint an additional Board member at its most recent Annual General Meeting. Mr. R. Terry Blaney joined the board of directors in May 2007, in order to allow for an orderly transition of responsibilities in advance of Mr. Copping’s pending retirement.
Commenting on Mr. Copping’s retirement, Denis Connor, Chairman of QuestAir said, “We are grateful to Harold for his years of service to the Company. His insights have informed the governance and strategic direction of QuestAir at an important stage in the Company’s development. We wish him well in his retirement.”
Disclosure of changes in the board of directors is made pursuant to the rules governing the operation of AIM as established by the London Stock Exchange Plc.
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.
Jonathan Wilkinson
Chief Executive Officer
Phone: (001) 604-453-6937
Email: wilkinson@questairinc.com
Web: www.questairinc.com
UK media contact:
Charles Ryland
Ben Willey
Buchanan Communications
Phone: +44 (0) 20 7466 5000
Canaccord Adams:
Robert Finlay
Erin Needra
Phone: +44 207 050 6500
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