QAR Questair Tech

    QuestAir Confirms Date of Share Consolidation

    VANCOUVER, June 23 /CNW/ - QuestAir Technologies Inc. (TSX: QAR; AIM:
QAR) ("QuestAir" or the "Company") confirms that the previously announced
common share consolidation on a 10 for 1 basis (the "Share Consolidation"),
will take effect on June 27, 2008. Immediately after the Share Consolidation
takes effect, there will be 11,268,318 post-consolidation common shares
outstanding.

    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".

    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.

For further information: QuestAir Technologies Inc., Chief Financial Officer,
Sherry Tryssenaar, Phone: (604) 453-6902, Email:
tryssenaar(at)questairinc.com, Web: www.questairinc.com; Canaccord Adams:
Robert Finlay, Phone: +44 (0) 20 7050 6500; Canadian media contact: Karyo
Edelman, Stephen Burega, Phone: (604) 623-3007; UK media contact: Buchanan
Communications, Charles Ryland, Ben Willey, Phone: +44 (0) 20 7466 5000
(QAR)


 



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