SOURCE: XcelPlus Global Holdings Inc.

August 29, 2006 10:20 ET

XcelPlus Global Holdings Inc. Plans Expansion

SALUDA, VA -- (MARKET WIRE) -- August 29, 2006 -- XcelPlus Global Holdings Inc. (PINKSHEETS: XPGH) announces its strategic plans for expansion into Ethanol Production technology.

XcelPlus Global Holdings Inc. currently owns and controls cutting edge alternative fuel technologies including Flextek technology which converts gasoline powered vehicles into flexible fuel vehicles capable of running on E85 ethanol, and Diesenol technology which is a 95% ethanol substitute for diesel and bio diesel fuels which can be burned in any modern diesel engine. The company's business plan includes bringing inexpensive cellulosic ethanol to key urban areas to drive Flextek sales while the ability to burn ethanol fuels in any modern vehicle will ensure a large ethanol market.

At a recent conference, Mr. Bill R. Smith, President of XcelPlus Global Holdings, said, "In order to for E85 to become a viable fuel source it needs to be inexpensive, available across the country and people need to be able to use it in their current vehicles. The Flextek allows people to use E85 in their cars. The remaining pieces of the puzzle are making E85 available and affordable. Our plan is to provide those missing puzzle pieces by bringing affordable ethanol production to key locations.

"We have been evaluating cellulosic ethanol production technologies both in the U.S. and overseas. At this time we are confident that we can produce ethanol economically from a variety of non traditional feed stocks that are commonly land-filled."

XcelPlus Global Holdings markets its technologies through strategic trading partners including XcelPlus International Inc (PINKSHEETS: XLPI) which manufactures and markets the Flextek, as well as a line of automobile alternative fuel and chemical products.

About XcelPlus Global Holdings:

XcelPlus Global Holdings Inc. owns and controls cutting edge technologies which enable the growth of the ethanol market, while providing consumers with a viable means of using newly developed clean energy technologies.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

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