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 QuestAir announces appointment of non-executive Director
Publication Date:30-March-2005
Source: Questair
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
Age: 50

Current Directorships: Tele2 AB
                              The Economy Bank NV
                              The Alternative Theatre Company Ltd.
Past Directorships:     None within the last five years

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".
 


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