Questor Technology Inc. Announces Addition of Stewart Hanlon to Its Board of Directors

CALGARY, Alberta, Nov. 14, 2017 (GLOBE NEWSWIRE) -- Questor Technology Inc. (“Questor” or the “Company”) (TSX-V:QST) is pleased to announce the appointment of Mr. Stewart Hanlon, former President & CEO of Gibson Energy Inc., to the Company’s Board of Directors effective immediately. Mr. Hanlon is the third independent director of the four member Board.

Mr. Hanlon had a long and distinguished career with Gibson Energy Inc. (“Gibsons”), a Canadian-based midstream energy company with operations in most of the key hydrocarbon-rich basins in North America. Mr Hanlon most recently served as President and Chief Executive Officer of Gibsons from 2009 through 2017. Mr. Hanlon retired from the CEO role after twenty-six years of service to the company. Mr. Hanlon led Gibson’s IPO and with his leadership Gibsons built valuable operations at thier key hubs in Hardisty and Edmonton, Alberta. Mr. Hanlon assembled a strong executive team, enabling Gibsons to develop significant infrastructure-based cash flows. Mr. Hanlon is a respected leader and has created a company culture with strong values and a focus on providing customer solutions.

Mr. Hanlon brings a tremendous skill set and insight to Questor’s Board to augment the experience of the continuing directors. “I have known Stew for over eighteen years and I am delighted that he has agreed to share his wisdom with Questor as we enter this next stage of growth.  Being so instrumental in his company's successes we are priveleged to now benefit from his mentorship, governance and guidance to further strengthen our Board,” said Audrey Mascarenhas, President and CEO of Questor Technology Inc.

ABOUT QUESTOR TECHNOLOGY INC.

Questor is a public, international environmental Cleantech company founded in late 1994 and headquartered in Calgary, Alberta, with field offices located in; Grande Prairie, Alberta; Brighton, Colorado; and Brooksville, Florida.  The company is active in Canada, the United States, Europe and Asia and is focused on clean air technologies that safely and cost effectively improve air quality, support energy efficiency and greenhouse gas emission reductions.

Questor designs, manufactures and services high efficiency waste gas combustion systems; as well as, power generation systems and water treatment solutions utilizing waste heat. Our proprietary incinerator technology is utilized worldwide in the effective management of Methane, Hydrogen Sulphide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants and BTEX gases ensuring sustainable development, community acceptance and regulatory compliance. Questor and its subsidiary, ClearPower Systems are providing solutions for landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects in Canada, throughout the United States, the Caribbean, Western Europe, Russia, Thailand, Indonesia and China. With a focus on solid engineering design, our products enable our clients to operate cost effectively in an environmentally responsible and sustainable manner.

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.

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