Vancouver, February 23, 2007 — Quest Canada Corp. (the “Petitioner”) filed a Petition in the Vancouver Registry of the Supreme Court of British Columbia (the “Court”), Action Number S071295 (the “CCAA Proceedings”), seeking protection from its creditors under the Companies’ Creditors Arrangement Act.  This protection was sought to enable the Petitioner to restructure its business and its indebtedness to creditors.  An Initial Order was granted by the Court which prevented any creditor from taking any proceedings against the Petitioner and permitted the Petitioner to remain in control of its assets and to continue to carry on business during the restructuring period.

As a term of the Initial Order, Deloitte & Touche Inc. was appointed Monitor in the CCAA Proceedings to oversee the operations of the Petitioner during the restructuring.

Additional information
If you wish to be contacted directly, please provide us with the following information:

• Name and company that you represent
• Your contact details
• The nature of your claim
• The questions that you would like answered

For information, please call (604) 640-3044. We will try our best to respond to your enquiry within a 48-hour period during regular business hours. However, due to volume, this response time may be longer.

Media inquiries in respect of the Monitor should be directed to Jervis Rodrigues, (604) 640-3156.

Court documents:
Letter to Creditors
Petition to the Court
Affidavit #1 of James Panther II
Affidavit #1 of Kimberley Robertson
Initial Order - February 23, 2007
Notice of Hearing Petition