SOURCE: XcelPlus International

October 13, 2006 17:49 ET

XcelPlus International Announces Shareholder Meeting

SALUDA, VA -- (MARKET WIRE) -- October 13, 2006 -- XcelPlus International Inc. (PINKSHEETS: XLPI) announced today that it will hold a shareholder meeting at the XcelPlus corporate headquarters located at 5041 General Puller Highway, Saluda, Virginia 23149, during the 4th quarter of 2006.

Present at the meeting will be XcelPlus International Inc.'s President and Executive Officer Mr. Bill R. Smith, Operations Officer Mr. Larry Saunders, as well as a representative from Mcguire Woods LLP, XcelPlus' new corporate counsel.

The purpose of the meeting will be to address shareholder concerns about XcelPlus International's progress in its various projects, and will include an update on XcelPlus International product development and marketing strategies. Also discussed will be the progress of XcelPlus Global Holdings Inc. (PINKSHEETS: XPGH). We are committed to making XcelPlus a success and also to corporate transparency. The entire XcelPlus team has been very busy working behind the scenes. We understand our shareholders' concerns and look forward to addressing them during our meeting. The final date for the meeting will be posted on the XcelPlus website at http://xcelplus.com/investors.htm pending coordination with our legal counsel.

For more information on the shareholder meeting or XcelPlus International please contact Brad Novak, Investor Relations at (949) 661-5780 or bnovak@xcelplus.com.

About XcelPlus International:

XcelPlus International Inc. manufactures and markets E85 Conversion Systems, Ethanol Fuel Products, and Specialty Chemicals 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 in the Oil and Gas industry 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, competition, and the early stage of exploration and 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.

Contact Information

  • For investor relations you can contact:

    Brad Novak
    Email: bnovak@xcelplus.com
    Phone: 949-661-5780