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Press Release

KURT SORSCHAK HONOURED AS THE 2018 CLEANTECH LEADER

Release date: 21.09.2017

Press Release PDF

MONTREAL, (QC), Sept 21, 2017 - Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of gas generation, purification, and filtration solutions, proudly congratulates its leader, Kurt Sorschak, President and CEO, for being recognized as the 2018 leader in the “Cleantech” category of Canada’s Clean50/Clean16 Awards

Canada’s Clean50 Awards, announced annually by Delta Management Group and the Clean50 organization, recognize 50 individuals or teams from 16 different categories who have done the most to advance the cause of sustainability and clean capitalism in Canada over the past 2 years.

According to Gavin Pitchford, CEO, Delta Management Group, “The process to narrow down to just 50 Honourees this year was extremely difficult – there are many wonderful and committed leaders in organizations across Canada, working in many different fields, who are concerned about the course of Canada’s future if we don’t all take action quickly. These individuals rarely wait for regulations to drive their organizations forward – they lead by example and strategically harness sustainability as a force for innovation within their organizations. The individuals we chose for the Clean50 this year are true leaders, an inspiration for all Canadians.

According to Gavin Pitchford, CEO, Delta Management Group, “The process to narrow down to just 50 Honourees this year was extremely difficult – there are many wonderful and committed leaders in organizations across Canada, working in many different fields, who are concerned about the course of Canada’s future if we don’t all take action quickly. These individuals rarely wait for regulations to drive their organizations forward – they lead by example and strategically harness sustainability as a force for innovation within their organizations. The individuals we chose for the Clean50 this year are true leaders, an inspiration for all Canadians.

Under Kurt’s leadership, Xebec developed gas processes for biogas upgrading to renewable natural gas (RNG) that moved the company to the forefront in the industry with recovery rates of 99%. Through its proprietary technology of fast cycle pressure swing adsorption (PSA)systems, Xebec provides its customers leading methane recovery rates while offering low operating costs for the highest profit potential.

RNG has become one of America’s most important biofuels since receiving eligibility under the U.S. Renewable Fuel Standard (RFS) as a cellulosic biofuel in 2014. Biogas-derived RNG now represents more than 95 percent of the cellulosic biofuels produced under the RFS. Domestic RNG projects have since doubled, and the future is more than promising.

Kurt will be amongst approximately 120 past and incoming Clean50 Honourees meeting on Thursday, September 28th, at the Clean50 Summit 7.0 on Toronto Island, to spend a day amongst peers and colleagues tackling common sustainability challenges”.

For a complete list of Honourees and to learn more about the Clean50 Awards:
www.clean50.com


For more information:
Xebec Adsorption Inc.
Sandi Murphy,
Marketing & Communication Manager,
+1 (450) 979 8701
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

About Delta Management Group / Canada’s Clean50: Leading sustainability and clean tech search firm Delta Management Group in 2011 founded, and remains the steward of the Canada’s Clean50 awards, created to annually identify, recognize and connect 50 sustainability leaders from every sector of Canadian endeavor, in order to facilitate understanding, collaboration and innovation in the fight to keep climate change impacts below 1.5 degrees. Ancillary awards also recognize 10 Emerging Leaders and the Top 20 Sustainability Projects of the year. Media Contact: Gavin Pitchford 416-925-2005 x 2300 / gpitchford@deltamanagement.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.