Xebec Reports Record Q1, 2019 with a 206% Increase in Revenue

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MONTREAL, May 28, 2019 (GLOBE NEWSWIRE) -- ("Xebec"), a global provider of gas generation, purification and filtration solutions announced today its 2019 first quarter results, with the following highlights:

Heavy duty transport and public transit vehicles are ideal for RNG as a transport fuel. Environmental benefits are significant, and the technology is fully commercial and readily available, contrary to either fuel cell or battery technology which has not yet reached the same stage of development as RNG for heavy duty applications. RNG is a unique fuel derived from organic waste materials that links the circular economy - from energy production in the form of zero-carbon transport fuels benefiting the environment, through other participants in the waste generation and processing industries like farmers, food processors, municipalities, waste companies, and others. Xebec looks forward to playing a leading role in the future development of this emerging industry.”  

Kurt Sorschak, President and Chief Executive Officer

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Globe Newswire: 13:30 GMT Tuesday 28th May 2019

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