XELR8 Holdings Experiencing National Momentum in Distributor Recruitment Activities
August 21 2006 - 10:02AM
PR Newswire (US)
Direct Selling Network Expanding Into Seven New US Markets DENVER,
Aug. 21 /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
recent direct seller recruitment and training initiatives have
begun to generate notable momentum in a number of new geographic
markets throughout the United States. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO ) With
XELR8 distributor organizations well established in Denver, Los
Angeles, Chicago and Phoenix, the Company has begun actively
supporting newly identified network leaders currently engaged in
building distributor organizations in Atlanta, Georgia; Miami,
Florida; Orlando, Florida; Portland, Oregon; Orange County,
California; Columbus, Ohio and Houston, Texas. Through a series of
local and regional recruitment rallies and training sessions
occurring in August, September, October and November in these
markets, senior XELR8 executives, including Company President Doug
Ridley and Vice President of Sales and Marketing David Litt, are
participating in on-site product and business-building seminars to
attract and win new direct selling professionals to the XELR8 team.
"We are very enthused by the distributor momentum we have begun to
experience -- particularly with newly identified leaders in
geographic and demographic markets that formerly lacked meaningful
XELR8 representation," stated Ridley. "With XELR8 leaders in
Denver, LA, Chicago and Phoenix now hosting regular weekly and
monthly recruitment and training sessions to build and support
their own organizations, we are now free to turn management's focus
and resources to expanding and supporting distributor growth
initiatives targeting new US regions." Continuing, Ridley added,
"Moreover, positive recruiting traction is being aided by the
active participation of several professional and Olympic athlete
endorsers of XELR8's products who are engaged in our
corporate-sponsored monthly marketing and training calls and
events. Collectively, we expect that all of these proactive
initiatives will help to drive notable distributor growth through
the end of 2006." As of July 30, 2006, XELR8's direct selling
network numbered 2,882 distributors, representing a 5.9% net
increase over the number posted at the end of June. 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 mail to: 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, VitaCube d.b.a 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 Web site: http://www.xelr8.com/
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