CALGARY, Alberta, Feb. 09, 2018 (GLOBE NEWSWIRE/KOREA IT TIMES) -- Questor Technology Inc. (“Questor” or the “Company”) (TSX-V:QST) is pleased to announce a $4.5 MM sales order for hybrid incinerators to be delivered in 2018.

For the past 4 years Questor has been providing rental incineration to this market for a variety of clients. While Questor continues to provide rental incineration solutions to its Colorado client base this order is important in that the hybrid solution continues to be sought after for permanent production operations. In addition to new facilities many producers are reviewing our technology for replacement of existing combustion solutions for their established facilities. Questor’s patented and proprietary technology has evolved to address Colorado’s unique and highly demanding requirements.

With stringent regulations imposed by the US Environmental Protection Agency (EPA) that requires performance testing for incinerators and other stacks that burn waste gas it is expected that the demand for better equipment will increase. Each State may have additional requirements that reflect unique and specific needs that extend beyond the EPA’s requirements.

The State of Colorado has taken a lead role in regulating quality, high-performance emission control equipment and industry in this area and is now including Questor’s style of combustion devices in their planning for wellbore flow back periods and their production life.

With clear requirements and expectations, from both the Federal and State agencies, industry can now select equipment that serves their specific needs, including regulatory compliance, social acceptance, operating performance, reliability and technical support.

Questor is focused on continuing to provide high levels of service to our clients to meet the increased demand for industry leading incineration technology as this important market continues to grow. The Company is proud to be selected for both rental and permanent incineration applications in Colorado and will continue its pursuit of earning the confidence and business of existing clients as well as new customers worldwide.

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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