ANNUAL INFORMATION FORM – XEBEC ADSORPTION INC. – For ...

previously announced on October 25, 2010. Pursuant to the terms of the Offering, Xebec issued a
total of 9,491,886 units (the "Units") at a price of $0.40 per Unit for gross proceeds of
$3,796,754. Each Unit consisted of one common share of Xebec and one common share
purchase warrant.
On October 19, 2010, Xebec announced the temporary layoff of 35 employees
representing approximately 22% of its global workforce. The temporary layoff of 31 employees
in its Canadian operation and the closure of the UK sales office with the elimination of four sales
positions were implemented to reduce expenses and preserve liquidity.
On July 28, 2010, Xebec announced the signature of a significant contract to build a
complete biogas upgrading plant for Terasen Gas, a major energy utility in western Canada.
On July 22, 2010, Xebec announced that it had received a first order for a landfill gas
upgrading system from Huiming EP&CE Co., Ltd, a leading developer of landfill gas to energy
projects in China
On July 7, 2010, Xebec announced an agreement to supply a biogas upgrading plant to
WELtec BioPower GmbH ("WELtec") for a novel biogas project located in Wuxi, China
On June 15, 2010, Xebec announced the signature of a multi-year supply agreement for
the purchase of Xebec's proprietary H-3300 pressure swing adsorption ("PSA") systems with
Nuvera Fuel Cells, a leading supplier of fuel cell and hydrogen re-fueling systems in the U.S.
and Europe.
On June 9, 2010, Xebec announced an order for a M-3200 Pressure Swing Adsorption
system to upgrade natural gas at a chemical plant located in Cikampek, Indonesia.
On June 2, 2010, Xebec announced the signature of a cooperation agreement with
Qingdao Tianren Environment Co. Ltd. for the development of anaerobic digestion systems that
produce renewable compressed natural gas vehicle fuel from waste materials.
On May 26, 2010, Xebec announced the signature of new European contracts for four
biogas upgrading systems – one located at a project in Southern France and three other systems
in Austria.
On April 8, 2010, Xebec announced the appointment of Ginette Gagné to the position of
Vice President and Chief Financial Officer.
On February 17, 2010, Xebec announced that it had been recognized for its key
technology contribution to a US Environmental Protection Agency (EPA) award-winning
renewable energy project at the University of New Hampshire.
On February 1, 2010, Xebec announced it had been awarded a contract from Halla
Energy and Environment for a biogas upgrading plant to be used in a biogas project currently
being developed by the Sudokwon Landfill Corporation in Seoul, Korea. Terms of the agreement
were not disclosed.
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