QAR Questair Tech

    QuestAir Announces Director Purchase under Employee Share Purchase Plan

    VANCOUVER, Sept. 5 /CNW/ - QuestAir Technologies Inc. ("QuestAir"; AIM:
QAR; TSX: QAR) announced today that an executive Director has purchased common
shares under the company's Employee Share Purchase Plan ("Plan"). The company
also announced that Andrew Hall, newly appointed President, CEO and director
of QuestAir, has enrolled in the Plan. Purchases under the Plan are made on
behalf of participants by the Plan's independent administrator on the Toronto
Stock Exchange at regular quarterly intervals.
    Sherry Tryssenaar, Chief Financial Officer and director, purchased
5,830 shares on September 3, 2008 at an average price of CAD$0.56, bringing
her total holdings to 28,585 common shares, representing 0.25% of the total
shares outstanding.
    Andrew Hall, President, Chief Executive Officer and director, has
enrolled in the Plan effective September 1, 2008. Mr. Hall has elected to
direct 5% of his salary to the purchase of common shares under the Plan, which
is the maximum contribution level allowed under the Plan. In accordance with
the Plan's terms, Mr. Hall's first purchase under the Plan will be made on his
behalf by the independent administrator in early December 2008, with regular
quarterly purchases thereafter.
    Disclosure of director dealings under and enrolment in this Plan 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 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., Sherry Tryssenaar, Chief
Financial Officer, Phone: (604) 453-6902, Email:
tryssenaar(at)questairinc.com, Web: www.questairinc.com; Canaccord Adams:
Robert Finlay, Phone: +44 207 050 6500; UK media contact: Charles Ryland, Ben
Willey, Buchanan Communications, Phone: +44 (0) 20 7466 5000; Canadian media
contact: Stephen Burega, Karyo Communications, Phone: (604) 623-3007
(QAR)


 



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