Questor Technology, Inc. announced audited earnings results for the year ended December 31, 2012. For the year, the company reported revenue of CAD 6,684,475, EBITDA of CAD 1,723,363, profit before tax of CAD 1,421,326 and profit and total comprehensive income of CAD 1,040,356 or CAD 0.041 per diluted share compared to revenue of CAD 6,093,189, EBITDA of CAD 1,797,030, profit before tax of CAD 1,568,778 and profit and total comprehensive income of CAD 1,190,404 or CAD 0.048 per basic and diluted share for the same period a year ago. Net cash generated from operating activities was CAD 2,974,765 compared to net cash used in operating activities of CAD 561,283 a year ago. Payments for property and equipment were 770,781 against CAD 1,411,014 a year ago.

Questor Technology Inc. announced the appointment of Mr. Kim R. Hubick, C.A., as Chief Financial Officer and Corporate Secretary. Kim brings with him over 35 years of financial experience to the role most recently as General Manager - Canada and CFO at Enflow Industries Inc.

Questor Technology, Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported revenue of CAD 1,112,976,000 compared with CAD 1,580,395,000 for the same period last year. Profit before tax was CAD 220,877,000 compared with CAD 545,504,000 for the same period last year. Profit and comprehensive income was CAD 155,386,000 or CAD 0.006 diluted per share compared with CAD 304,596,000 or CAD 0.012 diluted per share for the same period last year. EBITDA was CAD 299,225,000 compared with CAD 605,795,000 for the same period last year. The company's profit and total comprehensive income decreased primarily due to lower revenues arising from differences in the volume and mix of incinerator sales in each period and to the net foreign exchange losses recorded in the current period compared to the net foreign exchange gains recorded in the same period of 2011. For the nine months, the company reported revenue of CAD 4,531,855,000 compared with CAD 3,684,470,000 for the same period last year. Profit before tax was CAD 1,004,375,000 compared with CAD 650,082,000 for the same period last year. Profit and comprehensive income was CAD 742,264,000 or CAD 0.029 diluted per share compared with CAD 394,057,000 or CAD 0.016 diluted per share for the same period last year. Net cash generated from operating activities was CAD 3,355,742,000 compared with net cash used in operating activities of CAD 782,405,000 for the same period last year. Payments for property and equipment were CAD 750,510,000 compared with CAD 1,220,600,000 for the same period last year. EBITDA was CAD 1,226,329,000 compared with CAD 808,730,000 for the same period last year. For the quarter, the company recorded write-off of property and equipment of CAD 18,871,000 compared with CAD 13,340,000 for the same period last year.