EDMONTON, May 7 /CNW/ - Quest PharmaTech Inc. ("Quest" or the "Company")
announces that it has signed a Technology Transfer Agreement (the "Agreement")
with Peking Marvel Cleansing Supplies Co., Ltd., a China-based company,
("Peking Marvel") to sell its interest in the Bionex Technology. Peking Marvel
is anticipated to be acquired by a TSX NEX listed company called Toba
Industries Ltd (TGB-H).