Unitedauto Group Chooses XPEL
UNITEDAUTO GROUP CHOOSES XPEL
SAN ANTONIO, TEXAS, February 8, 2006…XPEL Technologies Corp. (CNQ: XPEL.U) announced today that UnitedAuto Group (“UAG”), has chosen XPEL as vendor of choice for UAG’s rollout of automotive paint protection products through its family of new car stores. Significant growth of the paint protection film industry over the past few years has created compelling opportunities for car franchises such as UAG to capitalize on the aftermarket sales of a product that delivers true value to the new car consumer.
UnitedAuto Group, Inc., headquartered in Bloomfield Hills, Michigan, operates 276 retail automotive franchises, representing 40 brands, and 27 collision repair centers. UnitedAuto, which sells new and previously owned vehicles, finance and insurance products and replacement parts, and offers maintenance and repair services on all brands it represents, has 174 franchises in 19 states and Puerto Rico and 102 franchises located internationally, primarily in the United Kingdom. UnitedAuto is a member of the Fortune 500 and Russell 2000 and has approximately 14,000 employees.
Steven McAuley, UAG’s Senior Vice President, stated, “After researching the market options, UAG has chosen XPEL as a support partner for its vehicle paint protection program. The resources XPEL delivers through their leading-edge technology, training and support, enables UAG to successfully deliver this value added product offering to our customers.”
XPEL’s Chairman and CEO, W. Rege Brunner, stated, “UnitedAuto Group performed an exhaustive analysis to determine which company could meet its large-scale requirements for supporting a paint protection offering. As a result, UAG chose XPEL.” Mr. Brunner further added, “We are most pleased for the opportunity to work with such a first-rate group, and we are excited about the prospects for selling world-class XPEL products through the UAG channel of new car dealerships.”
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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