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CALGARY, Sept. 25, 2013 /CNW/ - Questor Technology Inc. ("Questor" or
the "Company") (TSX-V: QST) is pleased to announce the appointment of
Jean-Michel Gires, former President & CEO of Total E&P Canada Ltd., to
the Company's Board of Directors effective immediately. Mr. Gires is
the fifth independent director of the six member Board.
Mr. Gires is currently a Venture Partner at Chrysalix Energy Venture
Capital, a firm focused on early-stage breakthrough sustainable
innovation that helps industries in transition reduce costs, energy use
and environmental impact. Mr. Gires had a long and distinguished career
with Total, a global energy company and most recently served as
President and Chief Executive Officer of Total E&P Canada from 2009
through 2012. Prior to that, Mr. Gires served for three years as
Executive Vice President of Sustainable Development & Environment at
Total SA and as President at Total Energy Ventures International SAS.
Mr. Gires was a member of Total S.A. Management Committee commencing in
2003. Over the past 25 years, Mr. Gires led a range of projects around
the world and was instrumental in establishing best practices for
Total's projects in the areas of advanced research & development,
project management, environmental responsibility, stakeholder
relations, and community capacity building. He was a Co-Chairman of the
Oil Sands Leadership Initiative (OSLI) and Canada's Oil Sands
Innovation Alliance (COSIA). He also received one of France's highest
civilian honours, the Chevalier of the Legion D-Honneur. Mr. Gires is a
graduate of France's Ecole Polytechnique and an Engineer with the Corps
des Mines. He speaks five languages and is an avid skier and renowned
photographer.
Very much focused in his career on sustainable development and the
environment, Mr. Gires brings a tremendous skill set and insight to
Questor's Board to augment the experience of the continuing and new
directors announced in the Company's news release on June 6, 2013.
"I am extremely pleased to welcome Jean-Michel to Questor's Board and I
look forward to the additional strategic vision and counsel he will
provide as we move the Company into its next phase of growth." said
Audrey Mascarenhas, President and CEO of Questor Technology Inc. "His
background in the oil and gas industry and his focus on sustainability
will provide us with keen insight into our clients' needs".
ABOUT QUESTOR TECHNOLOGY INC.
Questor is an international environmental oilfield service company
founded in late 1994 and headquartered in Calgary, Alberta, Canada with
a field office located in Grande Prairie, Alberta. The Company is
focused on clean air technologies with activities in Canada, the United
States, Europe and Asia. Questor designs and manufactures high
efficiency waste gas incinerators for sale or for use on a rental basis
and also provides combustion-related oilfield services. The Company's
proprietary incinerator technology destroys noxious or toxic
hydrocarbon gases at 99.99% efficiency which ensures regulatory
compliance, environmental protection, public confidence and reduced
operating costs for customers. The technology creates an opportunity to
utilize the heat generated from efficient combustion. Questor is
recognized for its particular expertise in the combustion of sour gas
(H2S). While the Company's current customer base is primarily in the oil
and gas industry, its technology is applicable to other industries such
as landfills, water and sewage treatment, tire recycling and
agriculture.
Questor trades on the TSX Venture Exchange under the symbol "QST".
Certain information in this news release constitutes forward-looking
statements. When used in this news release, the words "may", "would",
"could", "will", "intend", "plan", "anticipate", "believe", "seek",
"propose", "estimate", "expect", and similar expressions, as they
relate to the Company, are intended to identify forward-looking
statements. In particular, this news release contains forward-looking
statements with respect to, among other things, business objectives,
expected growth, results of operations, performance, business projects
and opportunities and financial results. These statements involve known
and unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those anticipated in
such forward-looking statements. Such statements reflect the Company's
current views with respect to future events based on certain material
factors and assumptions and are subject to certain risks and
uncertainties, including without limitation, changes in market,
competition, governmental or regulatory developments, general economic
conditions and other factors set out in the Company's public disclosure
documents. Many factors could cause the Company's actual results,
performance or achievements to vary from those described in this news
release, including without limitation those listed above. These factors
should not be construed as exhaustive. Should one or more of these
risks or uncertainties materialize, or should assumptions underlying
forward-looking statements prove incorrect, actual results may vary
materially from those described in this news release and such
forward-looking statements included in, or incorporated by reference in
this news release, should not be unduly relied upon. Such statements
speak only as of the date of this news release. The Company does not
intend, and does not assume any obligation, to update these
forward-looking statements. The forward-looking statements contained in
this news release are expressly qualified by this cautionary statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE Questor Technology Inc.