For Immediate Release 14 February, 2005
QuestAir to supply H-3200 hydrogen purifier to AC Transit Hydrogen Energy Station
BURNABY, B.C. - QuestAir Technologies Inc. (AIM: QAR; TSX: QAR), a developer and supplier of advanced gas purification systems for refinery, industrial and fuel cell markets, announced today that it will supply a H-3200 hydrogen purifier for use in the AC Transit Hydrogen Energy Station currently being built by ChevronTexaco Hydrogen Company in Oakland, California. QuestAir's H-3200 will purify hydrogen generated from natural gas using proprietary small-scale hydrogen production technologies integrated by ChevronTexaco Technology Ventures LLC.
Purified hydrogen from the station will fuel AC Transit's fleet of three 40-foot fuel cell-powered buses, which are expected to enter passenger service in the fall of 2005 and early 2006, as well as future fleets of light duty fuel cell vehicles. The station will also have the capability of generating high-quality electrical power using a stationary fuel cell and excess hydrogen produced by the station.
Jonathan Wilkinson, President and CEO of QuestAir, said that the AC Transit hydrogen station will be the seventh hydrogen fueling station in North America and Japan to incorporate QuestAir's proprietary hydrogen purification technology.
"QuestAir has developed strong expertise and experience in providing compact, cost-effective hydrogen purification solutions to hydrogen fueling stations around the world. The AC Transit station demonstrates the incorporation of QuestAir's H-3200 hydrogen purifier into ChevronTexaco Technology Ventures' proprietary integrated technology. Together these technologies have the potential to cost-effectively generate high-purity hydrogen fuel from natural gas," Wilkinson said.
QuestAir's H-3200 purifies gas streams containing hydrogen to high-purity hydrogen for use in industrial processes, hydrogen fueling stations and stationary fuel cell power plants. 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 24 H-3200 systems to customers in Europe, Japan and North America.
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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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 refuelling stations. The Company has joint development agreements with Exxon Mobil Research and Engineering Company and Shell Hydrogen, and a collaboration with FuelCell Energy. 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".
For further information please contact:
QuestAir Technologies Inc.
Andrew Hall
Director, Corporate Development and External Communications
Phone: (001) 604-453-6967
Email: hall@questairinc.com
Web: www.questairinc.com
UK media contact:
Charles Ryland
Ben Willey
Eleanor Williamson
Buchanan Communications
Phone: 020 7466 5000
Canadian media contact:
Pamela Smith
James Hoggan + Associates
Phone: (001) 604-739-7500 |