Published 

XPEL DEALER BASE CONTINUES TO EXPAND

– 59 New Dealer Applications Submitted Since January –
– Includes International Markets of Canada and Europe –

SAN ANTONIO, TEXAS, February 23, 2005…XPEL Technologies Corp. (CNQ: XPEL.U) announced today the continued growth of its Dealer base for offering products throughout the United States and certain international markets. Since the beginning of January of this year, the Company has received 59 new dealer applications for representing X-Pel products throughout the marketplace. A majority of these applications have been submitted from U.S.-based entities; however, several have originated from the international markets of both Canada and Europe.

W. Rege Brunner, XPEL’s Chairman and Chief Executive Officer, stated, “The reason for the continued growth in our Dealer base is that the XPEL message is being heard, which is simply, if an individual or company is serious about offering paint and headlight protection, there is only one team to join, and that is the XPEL Team. As we have stated in the past, the XPEL name is synonymous with industry-best designs, superior installation training, and extreme customer care. When you combine these corporate traits with the ever-increasing visibility of the XPEL name, there is no other viable option than to become a member of the XPEL family of dealers.”

XPEL Technologies Corp. (www.xpel.com), publicly traded on the Canadian Trading and Quotation System Exchange, is the worldwide leader in the electronic delivery of top automotive aftermarket products, utilizing the Internet as an integral component for its design, manufacturing, distribution and customer relationship strategies. The Company’s DAP software utility offers Dealers the industry’s most efficient and productive tool set for better serving customers with “best of breed” solutions in real-time. XPEL has clear advantages over the competition through its proprietary corporate framework consisting of an expansive library of installation-friendly window tint, paint and headlight protection products, coupled with a unique web-based remote manufacturing and distribution software, superior installation training curriculum and facilities, and established and growing sales distribution channels.

The CNQ has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.

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Company Contact:

Ryan Pape
Chief Executive Officer
210-678-3700

Investor Relations:

John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
(203) 972-9200
[email protected]