XL Generation International Inc.
OTC Bulletin Board : XLGI

XL Generation International Inc.

November 03, 2005 22:46 ET

Major market development in Asia for XL Generation

ZUG, SWITZERLAND--(CCNMatthews - Nov. 3, 2005) -

XL Generation Grants Korean AP Worldwide Inc. Manufacturing and Distribution of XL Pro Turf System in Asia

XL Generation International Inc (OTCBB:XLGI), a leading provider of artificial turf products and other leisure and sports surfaces is proud to announce that XL Generation AG has granted a manufacturing and distribution license to AP WORLDWIDE inc, a Korean corporation having its head office in Seoul. The purpose of the license is to authorize APW to manufacture and sell XL Turf product namely for the South Korean market but also in the rest of Asia. APW and APW's subsidiary are very active business players in the South Korean football business and in the Asian sports marketing industry.

Cyrus Lee. J.H, Chief Executive Officer of AP Worldwide, proudly said: "XL Generation is giving APW a great opportunity to develop XL Turf products in Asia, namely for the South Korean market. With its unique non infill and eco-environmental friendly products, XL Generation and APW will be in a very good position to file with the South Korean Government for the BTL ("Build- Transfer - Lease") Program which will be granted, next summer, by the government with regard to the installation of more than 700 pitches artificial sport surfaces, namely for schools and communities".

Since it is a mobile system, the XL surface is ideally suited for multi-functional stadiums. The whole surface can be removed and re-installed in minimal time to accommodate various events. This feature, which is sold at a very competitive price, has a considerable impact on the economic performance of the stadiums.

H.E. Ambassador Alain Lemieux, President and CEO of XL Generation said its corporation "is proud to be partner with AP Worldwide for the South Korean market, but also in the rest of Asia. This company has developed an "enviable" position in the sport business community in Korea namely in the football area. It is our intention to develop this huge Asian market with our first strategic partner, AP Worldwide.

AP Worldwide has also accepted to be XL Generation's partner, for South Korea, in the Sport for Peace Program to be implemented by XL Generation with CISRI-ISP Observer Mission to the UN.

XL Generation, based in Zug, Switzerland, holds the worldwide commercial and manufacturing rights for the revolutionary "XL technology'' protected by a web of patent/patent applications in up to 42 jurisdictions.

APW inc. and its subsidiary carry on the business summarized as Sports property licensing such as the whole K-League Rotating ad-boards sales rights, Licensing & Distribution right of Sports drink, Development of Sports promotional media, Negotiation and management of Sponsorships agreement and Sports marketing consultancy services.

Forward-Looking Statements

Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.

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