Expansion of XELR8 Holdings' National Direct Selling Network Continues in March
April 12 2006 - 9:30AM
PR Newswire (US)
Number of Distributors Up 10.6% Over February DENVER, April 12
/PRNewswire-FirstCall/ -- VitaCube Systems Holdings, Inc., d/b/a/
XELR8 Holdings, Inc. (AMEX:PRH), a provider of functional foods,
beverages and nutritional supplements, today reported that the
number of distributors comprising its national direct selling
network grew 10.6% in March, rising to 2,255 distributors from
2,038 reported for February. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO ) Earnest
Mathis, Chairman and CEO of XELR8 Holdings, noted, "For the first
three months of 2006, we have experienced approximately 23.5%
distributor growth compared to where we stood at December 31, 2005;
and 37% since we unveiled our new 'XELR8 - What Moves You' branding
and marketing strategy in late September of last year. We are
enthused by the positive steps we are taking towards achieving our
break-even goal of approximately 6,500 distributors, and will
continue to work closely with our network leaders to maintain and
perhaps accelerate the pace at which we advance towards that
critical objective." About XELR8 Holdings, Inc. VitaCube Systems
Holdings, Inc., d/b/a/ XELR8 Holdings, Inc., is a provider of
nutritional foods and beverages designed to help enhance physical
health and overall performance. XELR8 has developed a comprehensive
line of nutritional supplements and functional foods designed in
systems that are easy to take, simple to understand, and
conveniently fit within a lifestyle. XELR8's commitment to quality,
science, and research has earned them a loyal following of over 350
world-class athletes and an elite list of endorsers, such as
five-time Cy Young Award Winner Randy Johnson; Super Bowl Champions
Mike Alstott, Lawyer Milloy and Head Coach Mike Shanahan;
professional football superstar Cadillac Williams; Olympians Briana
Scurry and Caroline Lalive; Stanley Cup Winner Blake Sloan; and PGA
Tour Professional Tom Pernice, Jr. XELR8 products are only
available through independent distributors located throughout the
nation. For more information about XELR8, please visit
http://www.xelr8.com/ . Forward-looking Statements This press
release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including
prospects for XELR8's distribution network. Actual results may
differ from those discussed in such forward-looking statements.
These forward-looking statements include risks and uncertainties
that include the Company's ability to attract and retain
distributors; changes in demand for the Company's products; changes
in the level of operating expenses; changes in general economic
conditions that impact consumer behavior and spending; product
supply; the availability, amount, and cost of capital for the
Company; and the Company's use of such capital. More information
about factors that potentially could affect the Company's financial
results is included in the Company's filings with the Securities
and Exchange Commission, including its Annual Report on Form 10-KSB
for the year ended December 31, 2005 and all subsequent filings.
Certain statements in this release regarding the Company's
agreements are in accordance with the guidelines established by the
Federal Trade Commission for endorsements in advertising. Company
Contacts: VitaCube d/b/a XELR8 Holdings, Inc. Earnest Mathis, CEO
(303) 316-8577, x228 Elite Financial Communications Group, LLC Dodi
Handy, President and CEO 407-585-1080
http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO
http://photoarchive.ap.org/ DATASOURCE: XELR8 Holdings, Inc.
CONTACT: Earnest Mathis, CEO, XELR8 Holdings, Inc.,
+1-303-316-8577, ext. 228, or ; or Dodi Handy, President and CEO,
Elite Financial Communications Group, LLC, +1-407-585-1080, or ,
for XELR8 Holdings Web site: http://www.xelr8.com/
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