Questor Technology Inc. Announces Resignation of Chief Financial Officer

CALGARY, ALBERTA--(Marketwire - Nov. 5, 2012) -

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

Questor Technology Inc. ("Questor" or the "Company") (TSX VENTURE:QST) announced today that the Company's Chief Financial Officer and Corporate Secretary, Diane Koenig, has tendered her resignation in order to pursue another business opportunity. Her resignation will take effect on December 16, 2012.

The Board of Directors wishes to express its appreciation to Diane for her leadership and contributions to Questor during her five and one half years of service and to wish her success in her future endeavours.

The Board of Directors has initiated a search to appoint a new Chief Financial Officer.

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 which ensures regulatory compliance, environmental protection, public confidence and reduced operating costs for customers. 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".