CALGARY, Alberta, Oct. 03, 2017 (GLOBE NEWSWIRE) -- Questor Technology Inc. (TSX-V:QST) is pleased to announce that Audrey Mascarenhas, President and CEO of Questor Technology Inc., will chair the Federal Government’s Clean Technology Economic Strategy Table.
In Budget 2017, the Government of Canada announced a new vision for Canada's economy as a global leader in innovation, anchored by the Innovation and Skills Plan. In this plan, the creation of the six Economic Strategy Tables will support innovation in Advanced Manufacturing, Agri-food, Clean Technology, Digital Industries, Health/Bio-sciences and Clean Resources.
These Tables, chaired by industry leaders in their respective fields will set ambitious economic growth targets, identify sector-specific challenges and "bottlenecks" and lay out an actionable roadmap to achieve these goals. The Economic Strategy Tables are a new model for industry-government collaboration, focused on turning Canadian economic strengths into global advantages. The Chairs will work with approximately 15 table members and establish an engagement approach to connect their work with wider stakeholders.
The Clean Technology Economic Strategy Table will identify competitive advantages, investment attraction opportunities, obstacles to growth and propose a strategic action plan to drive long-term and sustainable economic growth and create high quality jobs for Canadians. The table will present a report of its findings and recommendations by summer 2018.
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“I am honored to participate and lead this initiative.”
“Several of our country’s global competitors have invested to capture the growing global Clean Technology opportunity. Canada has an emerging clean technology industry. It’s imperative that we create the policy framework needed to establish Canada as a leader in the world in providing environmentally and economically sustainable products and services”
“Canada’s Clean Technology industry contains the seeds of our future prosperity. We must now take action now to win the markets of the future.”
—Audrey Mascarenhas, President and CEO of Questor Technology Inc.
ABOUT QUESTOR TECHNOLOGY INC.
Questor Technology Inc. (“Questor” or “the Company”) is incorporated in Canada under the Business Companies Act (Alberta). Questor is a public, international environmental cleantech company founded in 1994 and headquartered in Calgary, Alberta, with field offices located in Grand 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 improves air quality, support energy efficiency and greenhouse gas emissions reduction. Questor designs, manufactures and services high efficiency waste gas combustion systems; as well as, power generation systems and water treatment solutions utilizing waste heat. The Company’s proprietary combustion 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, solar and 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.
The Company’s common shares are traded on the TSX Venture Exchange under the symbol “QST”.
For further information contact:
Audrey Mascarenhas
President and Chief Executive Officer
Phone: 403.571.1530
Facsimile: 403.571.1539
Email: amascarenhas@questortech.com
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 statement 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 event 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 release are expressly qualified by this cautionary statement.
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