Questor Technology Inc. Announces Acquisition of ClearPower Systems, Inc.

THIS DOCUMENT IS NOT INTENDED FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED
STATES.


Questor Technology Inc. ("Questor" or the "Company") (TSX VENTURE:QST) is
pleased to announce that it has acquired 100% of the outstanding shares of
ClearPower Systems, Inc. ("ClearPower"), a company incorporated in Delaware in
the United States of America (U.S.) for $900,000 US. This acquisition was funded
from Questor's cash reserves. ClearPower has developed an efficient 50 kW
organic Rankine cycle ("ORC") system that converts waste heat to power. This
acquisition will assist in diversifying Questor's product solutions and open up
global opportunities in other industries. 


ClearPower's ORC technology can function independently with all sources of waste
heat and can be used synergistically with waste heat streams from Questor's
incinerators. The heat generated from the 99.99% efficient combustion of waste
gases in Questor's incinerators will drive the ClearPower 50 kW ORC's. "This
acquisition will enable us to offer a solution to our clients that not only
addresses their emission issues but can provide an economic benefit by
generating power for use at site or to the grid in a cost effective way while
significantly reducing the site carbon footprint", said Audrey Mascarenhas,
Questor's President and Chief Executive officer. "Many jurisdictions offer a
premium price for power generated from waste heat." These ORC'S are an ideal
size to serve the market that Questor has provided combustion solutions to for
the past 20 years. 


We are also excited at the prospect of connecting this power generation solution
directly to other waste heat sources, such as compressors and engines. Outside
of the energy sector, the landfill market, agriculture, sewage and water
treatment all produce waste gases requiring combustion which extracting heat for
power is expected to be a competitive advantage. There are numerous sources of
waste heat that will prove opportune for this technology, which is expected to
present significant growth prospects for Questor. 


This acquisition has also created a presence for Questor in the U.S. We are
pleased to welcome Mr. Robert (Bob) B. Miller and Mr. Leigh L. Estus from
ClearPower to the Questor team. Bob Miller is a seasoned entrepreneur with over
35 years of experience in providing cogeneration and combined heat to power
packages. He is a pioneer in this field and recognized worldwide for his
expertise in waste heat to power distributed generation. Bob was CEO and
co-founder of Turbogenix Inc., which merged with Calnetix Inc. in 2008 and he
assumed the role of Senior Executive Vice President. General Electric acquired a
major portion of Calnetix in 2011. Prior to this Bob was Senior Executive Vice
President at Hess Microgen, a subsidiary of Amerada Hess. Leigh is a senior
executive with extensive experience in product development, design,
manufacturing and marketing. He served as Executive Vice President for Strategic
Programs and Planning at Calnetix and Senior Vice President of Operations at
Capstone Turbine Corp. 


This acquisition aligns with Questor's strategy of growth in global diverse markets.

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, Canada. 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 (H2S). While the Company's current
customer base is primarily in the oil and gas industry, this 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 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. 


Questor Technology Inc. was recognized as a TSX Venture 50(R) company in 2013.
TSX Venture 50 is a trademark of TSX Inc. and is used under license. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Questor Technology Inc.
Audrey Mascarenhas
President and Chief Executive Officer
(403) 571-1530
(403) 571-1539 (FAX)
amascarenhas@questortech.com
Questor Technology (TSXV:QST)
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