Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
XLPI - who recommended this???
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by Galaxy: [QB] Xcelplus Signs First Major Export Distribution Agreement in Thailand Thursday February 10, 1:55 pm ET SALUDA, Va.--(BUSINESS WIRE)--Feb. 10, 2005--Xcelplus International Inc (PINK SHEETS: XLPI - News), Xcelplus International (http://xcelplus.com) announced today that a contract for distribution for Thailand, The Philippines, Malaysia and Indonesia for the Xcelplus line of products has been signed. GFRS Inc. of Thailand is the distributor that seeks to move the Xcelplus line of proprietary PfL products into these areas through existing distribution systems they have in place. This market can explode as they are looking to expand rapidly through promotions for the motorcycle markets and have already hired the leading motorcycle racer for the Pacific Rim as the spokesperson and promoter of the products to motorcycle owners. The distribution agreement calls for sales in the first year of $1.5 million US and $3.5 million in year two as a base to keep the distribution contract. Considering that Xcelplus has not until now had any significant revenues to speak of, this represents an increase just in year one of almost 5000%. Meetings while in Thailand led to the introduction of the Xcelplus line of products to one of GFRS's principle distributors, ItalThai, a major contracting, distributing and engineering entity in Thailand with sales annually in excess of $1 billion. This company can add substantiation to the product line and carry it into many areas in addition to those GFRS is looking to penetrate. We anticipate great things coming out of Thailand over the upcoming years. A trip to China is planned for late Feb or early March to secure distribution into China for this year as well. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Xcelplus International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Xcelplus International Inc or any other person that the objective and plans of Xcelplus International Inc will be achieved. -------------------------------------------------------------------------------- Contact: Xcelplus International Inc Bill Smith, 804-758-8426; http://xcelplus.com [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2