RNS Number:6652S
QuestAir Technologies Inc
14 October 2005


For Immediate Release                                          14 October, 2005



                   QuestAir announces appointment of new CFO

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 today announced the resignation of Dan Parmar as Chief Financial
Officer  (CFO) and Director of the Company, effective on 31 October 2005. Mr.
Parmar is leaving QuestAir to take an expanded role with another company,
including CFO and other corporate responsibilities.

Jonathan Wilkinson, President and CEO of QuestAir, said that Mr. Parmar joined
QuestAir as CFO in 1999, and played a key role in the growth and financing of
the company over the past 6 years.

"Dan was instrumental in managing QuestAir's financing activities through
several rounds of private financing, as well as QuestAir's initial public
offering in 2004. He also implemented best practices in public company
reporting, disclosure and financial control," said Wilkinson, "The board of
directors, management and staff of QuestAir wish him well in his future
endeavors."

QuestAir announces the appointment of Ms. Sherry Tryssenaar as CFO and Director
of QuestAir, effective 1 November 2005. Ms. Tryssenaar has 14 years of
experience in capital markets, corporate finance and the technology sector. Most
recently, Ms. Tryssenaar was Chief Financial Officer of OncoGenex Technologies
Inc., a private clinical-stage biotechnology company based in Vancouver. Ms.
Tryssenaar's prior experience includes Director, Corporate Finance at RBC
Technology Ventures, a strategic investment arm of the RBC Financial Group. Ms.
Tryssenaar has a Bachelor of Business Administration from Simon Fraser
University, and a M.Sc. in Economics from the London School of Economics, where
she attended as a Commonwealth Scholar.

"We are very pleased to welcome Sherry to the QuestAir team. Sherry brings
significant capital market experience to the Company which will be invaluable as
QuestAir moves to the next phase of its growth and commercialization," said
Wilkinson, "We look forward to Sherry's contribution to our corporate finance,
investor relations, financial reporting and management, and treasury management
activities."

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.


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
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:
Terry Foster
James Hoggan + Associates
Phone: (001) 604-739-7500



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

BOAGUGRCUUPAPGW
Questair Tech (LSE:QAR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Questair Tech Charts.
Questair Tech (LSE:QAR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Questair Tech Charts.