XPEL Product Dealer Activations Grow

SAN ANTONIO--XPEL Technologies Corp. (TSXV:DAP.U) announced today that since January, a total of 547 new product dealer applications have been submitted to the Company for reselling XPEL Automotive Protection products, of which 372 have been approved and activated. Additionally, XPEL's attendance at the SEMA Trade Show in Las Vegas earlier this month yielded 300 new dealer prospects, of which 50 were international in nature. The Company expects to see a large percentage of these SEMA-related leads turned into new dealer applications over the coming months.

XPEL’s Chairman and CEO W. Rege Brunner stated, “The XPEL Brand continues to be top-of-mind when individuals and car dealership groups alike think of offering their customers paint, headlight and pre-cut window tint products. As I have stated before, those who are serious about competing in this industry, know who they can trust to help them succeed. They know XPEL designs the best-fitting products, provides superior installation training, offers a powerful web-based software tool, and delivers unequalled customer support, and the volume of applications we receive is proving this out.”

XPEL Technologies Corp. (www.xpel.com), publicly traded on the TSXV 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 TSXV has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.

CUSIP: U98409102