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For Immediate Release 30 March, 2005
QuestAir announces appointment of non-executive Director
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 the appointment of Mr. John Shakeshaft as a non-executive
Director of the Company with immediate effect.
Mr. Shakeshaft has over 18 years of experience in corporate finance in the City of
London, and is currently a Managing Director of the investment banking division of ABN
AMRO, a global banking group. Prior to joining ABN AMRO, Mr. Shakeshaft held
senior corporate finance positions at Lazard LLC, ING Barings and Morgan Stanley. He
is currently a non-executive director of Tele2 AB, a European telecommunications
company listed on the Stockholm Stock Exchange and NASDAQ, and a member of the
supervisory board of The Economy Bank NV, a bank offering trade finance, treasury and
private banking services. He is also an external member of the Audit Committee of
Cambridge University.
Commenting on Mr. Shakeshaft’s appointment to the QuestAir Board, Dr. Denis Connor,
Chairman of QuestAir, said:
“We are delighted to welcome John Shakeshaft as a non-executive Director of QuestAir.
John brings a wealth of experience in capital markets and corporate finance to QuestAir’s
board. His skills and experience will prove invaluable as QuestAir seeks to expand its
UK and European investor base. I believe that John’s appointment is a further
endorsement of QuestAir’s progress and future prospects”.
The following details are required to be disclosed under schedule 2 paragraph (f) of the
rules governing the operation of AIM as established by the London Stock Exchange Plc.
| Full Name: |
John Shakeshaft |
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| Age: |
50 |
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| Current Directorships: |
Tele2 AB
The Economy Bank NV
The Alternative Theatre Company Ltd. |
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| Past Directorships: |
None within the last five years |
-30- 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 |
