November 4, 2016 - 9:15 AM EDT
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Xebec Receives CDN 2.5 Million in Gas Purification Orders

(via Thenewswire.ca)



MONTREAL, (QC) / TheNewswire / November 4th, 2016 - Xebec Adsorption Inc. (TSXV: XBC) ("Xebec"), a provider of gas purification, generation and filtration solutions for the hydrogen, natural gas, field gas, helium, nitrogen and oxygen markets, announced today the receipt of several orders for its pressure swing adsorption (PSA) gas purification systems totaling CDN 2.5 million, to be delivered over the next 12 months.

"We are more than pleased with our sales progress for gas purification orders year to date", said Kurt Sorschak, President and CEO of Xebec Adsorption Inc. "Over the last few months we have experienced a strong increase in quotation activity for our renewable natural gas (RNG) and hydrogen products, with a healthy number of quoted projects in advanced discussions. I believe this activity is driven by a much stronger clean energy market outlook over this past year; consequently, many shelved and new projects are back in the pipeline for evaluation by our customers, indicating future revenue growth in our gas purification segment."

Xebec uses innovative, proprietary, fast cycle adsorption for its gas purification systems, advanced purification technology that is generating a lot of customer interest, mainly due to lower initial investment; low operating and maintenance costs; higher flexibility and performance stability; all combined with Xebec's reputation for durability and reliability.

Over the last 16 years, Xebec has built and delivered over 200 advanced purification systems worldwide. With demand for hydrogen and RNG systems growing, Xebec expects it could double that number to 400 operating units by 2019.

For more information please contact:

Xebec Adsorption Inc.

Sandi Murphy

Marketing & PR

Tel +1 (450)979-8718

About Xebec Adsorption Inc.

Xebec Adsorption Inc. is a global provider of clean energy solutions to corporations and governments looking to reduce their carbon footprints. With more than 1,500 customers worldwide, Xebec designs, engineers and manufactures innovative products that transform raw gases into marketable sources of clean energy. Xebec's strategy is focused on establishing leadership positions in markets where demand for renewable energy through gas purification and generation, natural gas dehydration, and filtration is growing. Headquartered in Montreal (QC), Xebec is a global company 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, please visit the Xebec website at www.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.

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Source: TheNewsWire (November 4, 2016 - 9:15 AM EDT)

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