Mr. Aly Sumar reports

QUESTOR ANNOUNCES THE DEPARTURE OF PRESIDENT AND CEO

Questor Technology Inc. president and chief executive officer Audrey Mascarenhas has departed, effective today.

Ms. Mascarenhas joined Questor in 1999 and became CEO in 2005. Under Ms. Mascarenhas's leadership, the company has earned a leading market position in waste gas combustion, and she leaves a legacy of strong brand recognition both domestically and on the international stage. On behalf of the employees and board of directors, the company thanks her for her vision, hard work and dedication to Questor over many years, and wishes her all the best in her future endeavours.

The board of directors is working on a transition plan that it expects to have completed in the near term. During this transition period, Mike Lindsay will act as interim president and CEO. Ms. Mascarenhas remains a member of the board of directors. Paul Huizinga has assumed the role of chair of the board of directors.

Questor trades on the TSX Venture Exchange under the symbol QST.