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XPEL Reports Record-breaking Product Downloads By Dealer Base
Published On 6/6/2006
XPEL REPORTS RECORD-BREAKING PRODUCT DOWNLOADS BY DEALER BASE
- Over 64% Growth in Downloaded Products - - 66,663 Paint, Headlight and Tint Products Produced - - Over 25,000 Product Applications in Electronic Database -SAN ANTONIO, TEXAS, June 6, 2006...XPEL Technologies Corp. (TSXV: DAP.U) announced today that through the end of May 2006, downloads from its electronic database of paint, headlight and window tint kits grew by 64.28% over the same period in 2005, reaching a total of 66,663 protection products produced by the Company's Dealer base. XPEL window tint pattern downloads accounted for an improvement of 475.77% during this same period, reaching a total of 12,926 kits. W. Rege Brunner, Chairman and CEO, stated, "We continue to experience exceptional growth in the number of products sold from our electronic library of protection kits. Unlike traditional growth models, we can expand our revenues without simultaneously increasing our costs, and this is what makes the XPEL model so exciting." Mr. Brunner further added, "Make no mistake about it, XPEL's growth is directly attributable to the quality of our product designs, our product delivery, our installation training, and our superior customer care. It is the whole package that our Dealers and their customers recognize as the industry standard, and this is being reflected in the numbers." XPEL Technologies Corp. (www.xpel.com) 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 TSXV has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.
Company Contact: Ryan Pape Chief Executive Officer 210-678-3700
Investor Relations: John Nesbett/Jennifer Belodeau Institutional Marketing Services (IMS) (203) 972-9200 email@example.com