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Mike Zarif Acquires NORTEC Compressed Air & Gas and North American R&D Assets from XEBEC ADSORPTION

Xebec Adsorption Inc. a global provider of sustainable gas solutions, announced today that Xebec completed the sale of substantially all assets and IP located at Xebec’s Lenoir City, TN R&D Facility and Xebec’s Air Treatment manufacturing company, Nortec Compressed Air & Gas; to Mike Zarif of (Next Air & Gas LLC.)

Mike Zarif, Former Director of Xebec’s R&D and founder of Aircel Corporation and Nortec Compressed Air & Gas will consolidate all acquired assets under the Next Air & Gas banner and expand product development with the intent to develop the next generation of compressed air dryers.

About Mike Zarif

Mike Zarif has been a forerunner in the air treatment industry since the late 1980’s, his influence and designs have become the staple of standards in the industry. CEO Masoud “Mike Zarif, PhD., has been in the compressed air industry for more than 40+ years and is widely recognized as a leading innovator in the air & gas treatment industry. Before entering the industry, Zarif earned his master’s degree in engineering and his doctorate in heat and mas transfer, then Taught physics, engineering, mathematics, and computer science at the University of Mississippi. He then worked for Boeing and the U.S department of Energy before joining Pioneer Air System, A prominent air & Gas manufacturer in 1989. As Pioneer’s Vice President of R&D and Manufacturing he began innovating new concepts, processes, and patents for the company. In 1993, Mike Founded Aircel Corporation and in 2007, founded Nortec Compressed Air & Gas.

About Next Air & Gas Next Air & Gas, headquartered in Lenoir City, TN, is the next chapter in the Zarif’s air treatment legacy spanning over 30 years in the industry. The company is led by Founders CEO Mike Zarif and Vice President Kevin F. Zarif. NEXT Air & Gas is a research and development firm and mass manufacturer of compressed air & gas dryers, with a specialty in desiccant and refrigeration drying technologies, process cooling, compressed air filtration, and gas generation in nitrogen and oxygen. The vision of the company is to build upon its manufacturing experience and capabilities with a concentration on the development of innovative air & gas treatment products. For more information, visit nextairgas.com.