XEBEC NOMINATES ADDITIONAL BOARD MEMBER
MONTREAL, (QC), May 18, 2017 - Xebec Adsorption Inc. (TSXV: XBC) ("Xebec"), a global provider of gas generation, purification, and filtration solutions for the industrial, energy and renewables marketplace, announced today the nomination of Mr. Guy Saint-Jacques, former Canadian Ambassador to the People’s Republic of China, to its Board of Directors. Shareholders will vote on his nomination at the upcoming Annual General Meeting on June 15th, 2017. This nomination reflects Xebec’s ongoing commitment to further strengthen its Board, and build global credibility and relationships that can accelerate Xebec’s growth initiatives.
Mr. Guy Saint-Jacques joined the Department of External Affairs in 1977. He held office in New York City, Mexico City, Kinshasa, and Hong Kong as well as twice in Washington, D.C., the last time as Minister and Deputy Head of Mission.
He has been Deputy High Commissioner at the High Commission of Canada in London, UK, and has been posted three times to Beijing (he speaks fluent Mandarin), where he worked in the Consular Affairs division. In Ottawa he worked in the Francophone Africa division, then in the Science and Technology division and in the Office of the Associate Deputy Minister. He also served as Deputy Director of the Energy and Environment division, and worked as Director of
both the Personnel (Political and Commercial) and the Assignments divisions. He furthermore held the post of Director General of the Personnel Management Bureau.
Prior to his last posting in China, Guy was Chief Negotiator and Ambassador for Climate Change.His last Public Service posting was as Ambassador Extraordinary and Plenipotentiary for Canada to the People's Republic of China through to October 2016.
Since retiring from Public Service, Mr. Saint-Jacques has been working as an adviser. He is a Senior
Fellow at the China Institute of the University of Alberta as well as at the lnstitut d'etudes internationales de Montreal (IEIM). He holds a B. Sc. (Geology), University of Montreal, and a M.A. (Land Planning and Regional Development), Laval University
“With the appointment of Guy Saint-Jacques we further strengthen our Board, bring additional independence, as well as relevant experience and knowledge of China and its business culture to the Board. Additionally, Guy has intimate experience in climate change-related government initiatives, which are very relevant to Xebec’s renewable energy business. It is an honor and a pleasure to nominate Guy to our Board; I am convinced that he will be a great source of insights,
and provide valuable guidance to the company” said Kurt Sorschak, Chairman, CEO and President of Xebec Adsorption Inc.
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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
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
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