XPEL Technologies Corp. Removes Interim Status From Its Current CEO
XPEL TECHNOLOGIES CORP. REMOVES INTERIM STATUS FROM ITS CURRENT CEO
San Antonio, Texas – August 6, 2008 – XPEL Technologies Corp. (TSXV: DAP.U) said today that it has removed the interim status from Nuno Ferreira, the current CEO of XPEL Technologies Corp. Mr. Ferreira was appointed interim Chief Executive Officer in June.
XPEL’s Chairman, W. Rege Brunner, stated, “Mr. Ferreria has agreed to a long term position with the company. We look forward to his continued leadership role and pleased to announce that his position with XPEL will be long term.”
“I am confident we can run a successful and profitable business, as I have done in Canada for many years, starting as one of XPEL’s first customers and ending as XPEL’s largest before the business was acquired last year” Mr. Ferreira said.
XPEL Technologies Corp. is the worldwide leader in the electronic delivery of 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 to better serve customers with “best-in-class” solutions in real-time. XPEL has clear advantages over the competition through its expansive proprietary library of installation-friendly paint and headlight protection and window tint products, coupled with a unique web-based remote manufacturing and distribution software, superior installation training curriculum and world-class facilities, with established and growing sales channels.
Chief Executive Officer
John Nesbett/Jennifer Belodeau
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