XcelPlus Asia Pacific Ready for Launch
March 23 2006 - 6:00AM
Business Wire
XcelPlus International Inc (Pink Sheets: XLPI), XcelPlus
International (http://XcelPlus.com) is happy to announce that the
XcelPlus Asia Pacific operation is finally ready for their sales
launch. According to Mr. Francis Jeow, managing director of
Xcelplus Asia Pacific headquartered in Singapore, we have finalized
some major negotiations for distribution and we are ready to start
shipping product in April. We are anticipating sales of $420,000,
in the first three months and $1,000,000 within six months. We have
also landed some pretty significant distributors in Asia such as
Italthai Engineering (www.italthaiengineering.com) of Thailand, for
the car markets, Uawithya Machinery Co for industrial equipment,
Cockpit, a leading lube center operation in Thailand as well as the
Response TV program that is now ready for launch. In Sri Lanka and
India we have American Best Brands the former distributor for
Duralube in that region, who has finalized the governmental
approvals necessary for distribution in India. In China, First Auto
Corporation, one of the biggest auto manufacturers is specifying
that all new cars they manufacture be treated with our Engine
Protection product. They will also extend the new car warranty from
one year to three years using our products. In southern China,
XcelPlus Shenzhen Co has been approved by the Chinese government
for the auto and motorcycle markets with their launch starting in
May. XcelPlus Asia Pacific is also working with a MLM company in
Taiwan for distribution of our products into Indonesia, Malaysia,
Singapore, Vietnam, Philippines, Korea, Japan and Dubai. All in all
this should be a wonderful year for our Asian rollout as it has
taken quite some time to get all of the players and pieces in place
for this Asian launch. For investor relations you can contact Brad
Novak at bnovak@xcelplus.com or by phone at 949-661-5780.
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