XcelPlus Signs First Flextek Distributor
11 April 2006 - 8:00PM
Business Wire
XcelPlus International Inc (PINK SHEETS: XLPI), XcelPlus
International (http://XcelPlus.com) is happy to announce that
Innovative Future Concepts is the new distributor for the Xcelplus
Flextek technology for New Hampshire, Vermont, Rhode Island,
Massachusetts, Connecticut and Maine. Kevin Whited, National Sales
Director for Xcelplus International Inc., has negotiated a
successful win- win contract between Xcelplus International Inc and
Innovative Future Concepts. Jeffrey Nichols, President of
Innovative Future Concepts, has already launched a preliminary
website to help develop the market for their initial $170,000
order. There is also another distributor interested in South Dakota
with 38 locations in three states. In addition, Xcelplus 's
National Sales Director, Kevin Whited, has also recruited Jeffrey A
Mayfield of Oswego, IL as an area sales manager for Illinois. With
only a 10% market penetration of the existing US fleet of
automobiles we could achieve sales of $21.5 billion and a potential
profit of $4 billion. We are well under way to reaching significant
sales as well here in the US for this new Flextek technology . This
press release may contain certain forward-looking statements within
the meaning of Section 27A of the Securities and Exchange Act of
1933, as amended, and Section 21E of the Securities and Exchange
Act of 1934, as amended, which are intended to be covered by the
safe harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainties.
Although XcelPlus International believes that the assumptions
underlying the forward-looking statements contained herein are
reasonable, any assumption could be inaccurate, and therefore,
there can be no assurance that the forward-looking statements
included in this press release will prove to be accurate. In light
of the significant uncertainties inherent in the forward-looking
statements included herein, the inclusion should not be regarded as
a representation by XcelPlus International Inc or any other person
that the objective and plans of XcelPlus International Inc will be
achieved.
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