Questor Technology Inc. announces addition of Jean-Michel Gires to its Board
/THIS DOCUMENT IS NOT INTENDED FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED
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 &
Environmentat 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 (H(2)S). 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
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.
Audrey Mascarenhas President and Chief Executive Officer Phone:(403)
571-1530 Facsimile:(403) 571-1539 Email:firstname.lastname@example.org
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CO: Questor Technology Inc.
NI: OIL ENV 2575 WNEWS
-0- Sep/25/2013 17:08 GMT
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