Montreal, Quebec (FSCwire) - Xebec Adsorption Inc. (TSXV:
XBC) (“Xebec”), 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, 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:
http://www.xebecinc.com
http://www.dvcompressors.com
For more information:
Xebec Adsorption Inc.
Sandi Murphy, Director, Investor Relations and Communications
+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.
To view the original release, please click here
Source: Xebec Adsorption Inc (TSX Venture:XBC, OTC Bulletin Board:XEBEF)
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