XPEL Introduces Colored Headlight Products
XPEL INTRODUCES COLORED HEADLIGHT PRODUCTS
– Blue, Yellow, and Clear –
– 49.6 Million Off-Road Vehicle Users in U.S. –
– Show Car Enhancers –
SAN ANTONIO, TEXAS, June 27, 2005…XPEL Technologies Corp. (CNQ: XPEL.U) announced today the introduction of a new headlamp protection product line consisting of various colors, to complement the already popular “clear” version of the XPEL Products. These exceptional headlight and fog light covers are designed for off-road and show car use only, and come in blue and yellow colors.
The U.S. Forest Service estimates that 49.6 million people of the age of 16 years or older have driven vehicles off-road at least once in the last 12 months. The National Survey on Recreation and the Environment (NSRE) suggests that the most rapidly increasing segments in off-road use include 30-50 year olds, females, Hispanics, and urbanites.
W. Rege Brunner, XPEL’s Chairman and CEO, stated, “We believe these colored protection kits will be an exciting and high-growth product line for us, especially considering the number of off-road drivers just in the U.S. alone. By offering color, we believe the visibility of XPEL’s ‘clear’ products will be increased, essentially unleashing a ‘viral’ element to our overall marketing and awareness efforts.” Mr. Brunner further commented, “Not only do we offer the retail public these appealing products from our website, but we also supply colored film in bulk to our Design Access Program Dealers, who manufacture their own products remotely, allowing XPEL to achieve maximum sales channel penetration.”
Please visit www.xpel.com and click on the “Products” tab to view these new and exciting protection kits.
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.
Certain statements contained herein (“We believe these colored headlight protection kits will be an exciting and high-growth product line for us, especially considering the number of off-road drivers just in the U.S. alone. By offering color, we believe the visibility of XPEL’s entire product set will be increased, essentially unleashing a ‘viral’ element to our overall marketing efforts.” and “Not only do we offer the retail public these appealing products from our website, but we also supply colored film in bulk to our Design Access Program Dealers, who manufacture their own products remotely, allowing XPEL to achieve maximum sales channel penetration.” are considered “forward-looking statements.” These statements are based upon the belief of the Company’s management, as well as assumptions made beyond information currently available to the Company’s management. Because “forward-looking statements” are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, price competition, the inability to obtain additional capital, loss of key personnel, unavailability of leased facilities, technological changes, service interruptions, equipment failures, customer attrition, general economic conditions, relationships with vendors, government supervision and regulation, changes in industry practices, and other factors.
The CNQ has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.
Chief Executive Officer
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)