XLPI.0135.Ispleased to announce the addition of Chrysler and Toyota conversion
InternetWire) XcelPlus International Update
SALUDA, VA -- (MARKET WIRE) -- 07/14/06 -- XcelPlus International Inc. (PINKSHE
TS: XLPI)
is
products to its Flextek line.
"We want to make sure each and every XcelPlus product performs exactly as
it should," said Bill R. Smith, president of XcelPlus. "Designing a Flextek
to interact properly with the Chrysler electronic control system required
extensive research and development. We delayed the Toyota Flextek because
Toyota uses different injectors on U.S. models than on Brazilian models, so
we wanted to do more testing. Our R & D team has determined that both the
Toyota and Chrysler units are now ready for production."
Flextek flexible-fuel technology allows vehicles to run on gasoline, E85
ethanol, or any combination of the 2 fuels. Flextek includes both a
conversion system to convert existing gasoline vehicles into
flexible-fuel vehicles, and also a factory installed flexible-fuel system
for OEM flex-fuel vehicles. The conversion systems are the ONLY conversion
systems on the market which protect internal engine parts from the effects
of burning ethanol. Factory installed Flextek technology is currently
being tested by the Hyundai Motor Car Company for use in Hyundai's factory
flex-fuel vehicles.
XcelPlus International manufactures the Flextek under license from XcelPlus
Global Holdings Inc., which recently completed a merger with E4 World Corp.
to form an estimated 2.1 billion dollar technology holding company.
About XcelPlus International:
XcelPlus International Inc. is located in Saluda, Virginia and specializes
in marketing chemicals, lubricants, and alternative fuel technologies.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Except for historical information, the forward-looking matters
discussed in this news release are subject to certain risks and
uncertainties which could cause the Company's actual results and financial
condition to differ materially from those anticipated by the
forward-looking statements including, but not limited to, the Company's
liquidity and the ability to obtain financing, the timing of regulatory
approvals, uncertainties related to corporate partners or third-parties,
product liability, the dependence on third parties for manufacturing and
marketing, patent risk, copyright risk, competition, and the early stage of
products being marketed or under development, as well as other risks
indicated from time to time in the Company's filings with the Securities
and Exchange Commission. The Company assumes no obligation to update or
supplement forward-looking statements that become untrue because of
subsequent events
Contact:
For investor relations contact:
Brad Novak
Email: bnovak@xcelplus.com
Phone: 949-661-5780
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