FOR: QUESTAIR TECHNOLOGIES INC.
TSX, AIM SYMBOL: QAR
May 30, 2008
QuestAir to Supply Hydrogen Purifier to Hydro-Chem for New Hydrogen Plant in Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 30, 2008) - QuestAir Technologies Inc.
(TSX:QAR)(AIM:QAR) announced today that it will supply an H-3200 hydrogen purifier for use in
a new
hydrogen plant to be constructed in Mexico by Hydro-Chem, a world leading supplier of hydrogen
plants.
Hydro-Chem will integrate the H-3200 pressure swing adsorption ("PSA") system into an on-site
hydrogen
plant purchased by a leading industrial gas company in Mexico. The new hydrogen plant will
supply
hydrogen to a new steel plant being constructed by POSCO in Mexico, as well as supplying
compressed
hydrogen in tube trailers for other hydrogen users in the area.
"This is an important order for QuestAir for a number of reasons," said Jonathan Wilkinson,
President
and CEO of QuestAir. "POSCO, the end user of the hydrogen, is a major steel company and
hydrogen
purification for new and existing steel plants is an important growth market for QuestAir. In
addition, this is our fourth PSA purchased by Hydro-Chem, and another important step towards
our goal
of having QuestAir's rotary valve PSA become the industry standard for hydrogen plants with
capacities
less than 15,000 cubic meters per hour."
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 45 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".
About Hydro-Chem
Hydro-Chem specializes in the design, engineering and construction of modular hydrogen plants.Hydro-
Chem has supplied over 140 hydrogen plants to key clients in the food, steel, glass and
petrochemical
industries since 1975.
Forward Looking Statements
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.
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FOR FURTHER INFORMATION PLEASE CONTACT:
QuestAir Technologies Inc.
Sherry Tryssenaar
Chief Financial Officer
(604) 453-6902
Email: tryssenaar@questairinc.com
Website: www.questairinc.com
OR
Canaccord Adams
Robert Finlay
+44 207 050 6500
OR
Buchanan Communications
Charles Ryland
UK media contact
+44 (0) 20 7466 5000
OR
Buchanan Communications
Ben Willey
UK media contact
+44 (0) 20 7466 5000
OR
Karyo Edelman
Stephen Burega
Canadian media contact
(604) 623-3007 or Cellular: (604) 506-3734
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QuestAir Technologies Inc.
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