Energy Quest Signs Licensing Agreement With Blue Diamond

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Henderson, NV --(www.USEquityNews.com)-- 07/19/2010 - Energy Quest, Inc. ("EQI") (OTCBB: EQST), an emerging leader in alternative energy and the development and production of hydrogen-enriched alternative fuels in an environmentally responsible manner, announced today the signing of a commercial license agreement with Blue Diamond Equities Inc. (BDE).


The commercial agreement provides for Blue Diamond to represent EQI exclusively in the countries of Kenya, Uganda, Rwanda, Tanzania and Burundi (The East African Community) for marketing and sales of the M2 Fluid Bed Gasifier process and other gasification technologies. The East African Community (EAC) is the regional intergovernmental organization of the Republics of Kenya, Uganda, the United Republic of Tanzania, Republic of Rwanda and Republic of Burundi with its headquarters in Arusha, Tanzania.

BDE will seek opportunities for EQI products throughout the licensed countries to provide electric power generation and heating/cooling energy to supply local consumers, businesses, utilities, and government and semi-government end users.
Blue Diamond representatives have already received several inquiries from Kenya. Other countries are expected to follow as BDE principals have established and maintained relationships in the EAC for over three decades. "In order to upgrade our economies, it will be necessary to increase our energy supplies. The EAC represents a market opportunity for new energy generation unlike any other," stated N. Jaffer, Managing Director for BDE, Kenya.

"Energy Quest is pleased to have completed the license agreement and looks forward to a very positive future working with BDE in utilizing Energy Quest technologies in their green projects," commented Wilf Ouellette, President and CEO of Energy Quest, Inc.

About Blue Diamond Equities

Blue Diamond Equities Inc. specializes in commercializing innovative projects through the crystallization of vision into executables. BDE has established and maintained relationships in the EAC and other developing nations for over thirty years.

About Energy Quest

Energy Quest, Inc., a Nevada Corporation, is an emerging leader in the development, construction and marketing of low-cost alternate fuels worldwide. Through superior technology, the Company is focused on becoming a GreenPowerhouse(TM). Record energy prices, combined with the global focus moving rapidly towards addressing pollution, has heightened the need for sustainable, zero emission energy. Energy Quest's technology is based on clean, renewable energy, positioning it to benefit from global trends. Web-site http://www.nrgqst.com
Forward-Looking Statements

From time to time, the company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E or the Securities Act of 19034, as actual results could differ and any forward-looking statements should be considered accordingly. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov . Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.

Contact Information:
Contact:
Energy Quest, Inc.
Investor Relations
877-661-2112/888-619-2221
404-478-9845
e-mail: info@nrgqst.com

U.S. Equity News
Tel: (949) 517-2426
Email: info@usequitynews.com

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