Directors Purchase of Shares
February 03 2005 - 3:25AM
UK Regulatory
RNS Number:1593I
QuestAir Technologies Inc
03 February 2005
For Immediate Release February 3, 2005
QuestAir Directors purchase shares
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 two of its Directors purchased shares in the
company on 2 February 2005.
Jonathan Wilkinson, QuestAir President and CEO purchased 5,000 common shares at
$1.39 per share, taking his personal holding in the company to 85,742 common
shares.
Also, QuestAir director Michael Brown purchased 5,000 common shares at $1.35 per
share, taking his personal holding to 65,014 common shares. Subsequent to the
purchase, Mr. Brown transferred the purchased stock to Nepal Management Limited,
a company beneficially owned by Mr. Brown.
This announcement 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 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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