3M Film Distributors Partner With XPEL
SAN ANTONIO--June 22, 2005--XPEL Technologies Corp. (CNQ:XPEL.U)-- Market Coverage Includes 43 U.S. States
-- Increased X-Pel(TM) Product and Brand Awareness
-- Widespread DAP Software Distribution
XPEL Technologies Corp. (CNQ:XPEL.U) announced today its formal alignment with the expansive sales channels of various well-established 3M Film Distributors located throughout the United States, by signing XPEL Distributor Agreements with Maryland-based Energy Products Distribution, Florida-based Accent Distributing, and Colorado-based Interwest Distribution.
Collectively, these 3M-related entities maintain market reach into all but five of the lower forty-eight U.S. States, and will be providing bulk paint protection and window tint film, specialized installation training, and XPEL's Design Access Program software to their respective customers.
W. Rege Brunner, Chairman and CEO, stated, "These solidified relationships with highly successful 3M Distributors, are paving the way for XPEL to achieve substantially greater market penetration more quickly. I am very enthusiastic about our future with these groups, as each already possesses strong business ties to the automotive industry and strong 3M brand momentum." Mr. Brunner further added, "By combining our efforts, these partners are also driving XPEL brand awareness, supporting 3M-certified product installation training, and facilitating delivery of the absolute best-designed automotive survival products to the driving public, in a highly accelerated manner."
XPEL Technologies Corp. (www.xpel.com), publicly traded on the Canadian Trading and Quotation System Exchange, is the worldwide leader in the electronic delivery of top automotive aftermarket products, utilizing the Internet as an integral component for its design, manufacturing, distribution and customer relationship strategies. The Company's DAP software utility offers Dealers the industry's most efficient and productive tool set for better serving customers with "best of breed" solutions in real-time. XPEL has clear advantages over the competition through its proprietary corporate framework consisting of an expansive library of installation-friendly window tint, paint and headlight protection products, coupled with a unique web-based remote manufacturing and distribution software, superior installation training curriculum and facilities, and established and growing sales distribution channels.
The CNQ has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.
CUSIP: U98409102