QuestAir Technologies Inc. - Notification of Shareholding

    BURNABY, BC, July 11 /CNW/ - QuestAir Technologies Inc. ("QuestAir" or
the "Company"; AIM: QAR; TSX: QAR) received notification on July 10, 2008 that
as of June 27, 2008, Impax Asset Management Limited holds 1,088,470 common
shares in the Company representing 9.660% of the QuestAir's issued and
outstanding share capital.
    This announcement is made pursuant to the rules governing the operation
of AIM as established by the London Stock Exchange Plc.

    About QuestAir Technologies Inc.

    QuestAir Technologies, Inc. is a developer and supplier of proprietary
gas purification systems for several large international markets, including
existing markets such as oil refining, biogas production and natural gas
processing, and emerging markets such as fuel cell power plants and fuel cell
vehicle refuelling stations. QuestAir is based in Burnaby, British Columbia
and its shares trade on the AIM Market of the London Stock Exchange Plc. and
on the Toronto Stock Exchange under the symbol "QAR".

    %SEDAR: 00021328E

For further information:

For further information: QuestAir Technologies Inc., Sherry Tryssenaar,
Chief Financial Officer, Phone: (604) 453-6902, Email:; Canaccord Adams: Robert Finlay, Phone: +44 207 050
6500; UK media contact: Charles Ryland, Ben Willey, Buchanan Communications,
Phone: +44 (0) 20 7466 5000

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