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Published On 4/28/2016
San Antonio, TX - April28, 2016 XPEL Technologies Corp. (TSXV: DAP.U), a global supplier of automotive paint protection and window protection films, today announced that it has signed an agreement to make its Paint Protection Film and Window Film available to Tint World Automotive Styling franchise locations across the U.S. Tint WorldÂ® Automotive Styling Centers are leading providers of automotive, marine, residential and commercial window tinting and also offer sales and installation of mobile electronics, audio video equipment, security systems, auto accessories, custom wheels and tire packages, detailing services, maintenance and repair services, and more. Tint WorldÂ® is also a leading provider of Residential, Commercial and Marine Computerized Window Tinting and Security Film Services with locations throughout the U.S. and abroad, with franchise opportunities available worldwide. We are pleased to have this opportunity to provide our paint protection and window film products to the more than 50 Tint World locations in the U.S, said Ryan Pape, President and Chief Executive Officer of XPEL. In addition, XPEL will provide expert training and certification of installers at each franchise stocking our product to ensure that the end customer receives a finished product consistent with our quality standards. This strategic partnership enables us to bring our film products to an expanded audience of potential customers and increases our brand exposure in the United States he added. We are excited about our enhanced relationship with XPEL as a leading brand provider of Paint Protection Film and Window Film, said Charles J. Bonfiglio, CEO of Tint WorldÂ®. Our new relationship will enable all our franchise locations access to offer XPEL products to their customers. About XPEL Technologies Corp. XPEL is the leading supplier of automotive paint and headlamp protection films with over 70,000 vehicle-specific applications and a worldwide network of trained installers. XPEL is the developer of the Design Access Program software, and manufacturer of XPEL Automotive Paint and Headlamp Protection Products. XPEL has forged the cutting-edge of automotive protection technology, and leads the industry in quality, technical support and customer service. Additional information can be found on the Company's website at www.xpel.com. About Tint World Founded in 1982, Tint WorldÂ® has grown to become an award-winning franchised provider of automotive, residential, commercial and marine window tinting and security film services. With Automotive Styling Centers in the U.S. and abroad, each franchise location houses approximately 20 profit centers, ranging from in-store accessory installations, to off-site sales and installation of residential, commercial and marine window tinting and security films. To find out more, please visitwww.tintworld.com and www.tintworldfranchise.com. Safe harbor statementThis release includes forward-looking statements regarding XPEL Technologies Corp. and its business, which may include, but is not limited to, anticipated use of proceeds from capital transactions, expansion into new markets, and execution of the company's growth strategy. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "is expected," "expects," "scheduled," "intends," "contemplates," "anticipates," "believes," "proposes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved. Such statements are based on the current expectations of the management of XPEL. The forward-looking events and circumstances discussed in this release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company, performance and acceptance of the company's products, economic factors, competition, the equity markets generally and many other factors beyond the control of XPEL. Although XPEL has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and XPEL undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.