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Press Release

Xebec Signs a Supplier Agreement with DV Systems
-Providing Compressed Air Dryers for the North American Market -

Release date: 17.07.2018

Press Release PDF

MONTREAL, (QC), July 17th, 2018 – Xebec Adsorption Inc. (TSXV: XBC)a global provider of clean energy solutions for the industrial, energy and renewables marketplace, announced that it has signed an agreement to supply Heatless Regenerative Air Dryers to DV Systems Inc, a manufacturer of state-of-the-art rotary screw and piston compressors. Xebec expectations are to provide between 40 and 60 units within the next year.

DV Systems designs, engineers & manufactures efficient, performance-driven compressed air technology solutions for North American industry. They have been manufacturing industrial air compressors since 1954 in their Canadian facility in Barrie, Ontario, taking particular pride in providing reliable, innovative products and end-to-end compressed air system solutions to more than 50 North American distributors.

Xebec’s adsorption technology is renowned in Canada. With more than 50 years manufacturing compressed air and gas dryers to a global market, Xebec has taken on a leadership role, innovating higher quality products, systems and technology solutions, particularly as they relate to stricter Canadian governmental regulations.
Xebec’s regenerative dryers are made in Canada, completely CRN-compliant, CSA and ASMEcertified, including registration in every province, and pressure vessel registration in Canada for cyclic service. Given the increased level of customer awareness and enforcement of these CRN requirements by the regional agencies, Xebec provides a layer of assurance that is critical in making decisions about capital investments.

"DV Systems is very happy to begin working with and representing Xebec products. We share many common values; quality products, excellent customer service and fast response to our clients’ needs. We look forward to a successful relationship.” – Garth Greenough, President, DV Systems Inc.

"This is an important relationship for Xebec’s Industrial Products Division. Our regenerative dryers occupy a unique position in the Canadian market space. This new partnership will create opportunities to introduce our line to a variety of end users where we hope to satisfy market needs, allowing both companies to benefit."
– Claude Boyer, Director, Compressed Air Division, Xebec Adsorption Inc.

Related links:
https://www.xebecinc.com
http://www.dvcompressors.com

For more information:

Sandi Murphy, Director, Investor Relations and Communications
Xebec Adsorption Inc. +1 450.979.8718
smurphy@xebecinc.com

About Xebec Adsorption Inc.
Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products, and has more than 1,500 customers worldwide. With two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe, and Asia, Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at xebecinc.com.

Cautionary Statement
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this press release may constitute "forward-looking" statements within the meaning of applicable securities laws. This forward looking information includes, but is not limited to, the expectations and/or claims of management of Xebec with respect to information regarding the business, operations and financial condition of Xebec. Forward-looking information contained in this press release involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Xebec or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. This list is not exhaustive of the factors that may affect forward-looking information contained in this press release. When used in this press release, such statements use such words as "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "will" and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this presentation. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements.


DV Systems designs, engineers & manufactures efficient, performance-driven compressed air technology solutions for North American industry. They have been manufacturing industrial air compressors since 1954 in their Canadian facility in Barrie, Ontario, taking particular pride in providing reliable, innovative products and end-to-end compressed air system solutions to more than 50 North American distributors.

Xebec’s adsorption technology is renowned in Canada. With more than 50 years manufacturing compressed air and gas dryers to a global market, Xebec has taken on a leadership role, innovating higher quality products, systems and technology solutions, particularly as they relate to stricter Canadian governmental regulations.

Xebec’s regenerative dryers are made in Canada, completely CRN-compliant, CSU and ASME-certified, including registration in every province, and pressure vessel registration in Canada for cyclic service. Given the increased level of customer awareness and enforcement of these CRN requirements by the regional agencies, Xebec provides a layer of assurance that is critical in making decisions about capital investments.

"DV Systems is very happy to begin working with and representing Xebec products. We share many common values; quality products, excellent customer service and fast response to our clients’ needs. We look forward to a successful relationship.”
Garth Greenough, President, DV Systems Inc.

"This is an important relationship for Xebec’s Industrial Products Division. Our regenerative dryers occupy a unique position in the Canadian market space. This new partnership will create opportunities to introduce our line to a variety of end users where we hope to satisfy market needs, allowing both companies to benefit."
Claude Boyer, Director, Compressed Air Division, Xebec Adsorption Inc.

Related links:
https://www.xebecinc.com
http://www.dvcompressors.com

For more information:

Sandi Murphy, Director, Investor Relations and Communications
Xebec Adsorption Inc. +1 450.979.8718
smurphy@xebecinc.com

About Xebec Adsorption Inc.
Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products, and has more than 1,500 customers worldwide. With two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe, and Asia, Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at xebecinc.com.

Cautionary Statement
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this press release may constitute "forward-looking" statements within the meaning of applicable securities laws. This forward looking information includes, but is not limited to, the expectations and/or claims of management of Xebec with respect to information regarding the business, operations and financial condition of Xebec. Forward-looking information contained in this press release involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Xebec or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. This list is not exhaustive of the factors that may affect forward-looking information contained in this press release. When used in this press release, such statements use such words as "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "will" and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this presentation. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements.