XLPI news. How about 1 Mil in revs from Brazil alone. :)
XcelPlus International Focuses on Renewable Energy
SALUDA, VA, Jun 07, 2006 (MARKET WIRE via COMTEX) -- During a recent trip to
Brazil, President Bill R. Smith of XcelPlus International Inc. (PINKSHEETS:
XLPI) secured world-wide rights for two important technologies: FlexTek(TM)
flex-fuel conversion technology, and Diesenol(TM) ethanol based fuel substitute
for Diesel and BioDiesel fuels.
FlexTek is a system which converts most modern gasoline powered vehicles into
flexible-fuel vehicles capable of running on gasoline, E85 ethanol or any blend
of the 2 fuels. FlexTek Technology has been successfully utilized in Brazil for
many years and is compatible with most modern 4, 6, and 8 cylinder cars.
XcelPlus is the only company to offer a proven system to convert a vehicle, and
completely protect the engine from the possible harmful effects of ethanol.
After signing a contract with AGE Technologies, the Brazilian based company that
owned the rights to FlexTek technology, Mr. Bill R. Smith, President of XcelPlus
stated: "XcelPlus now controls all rights to manufacture and market the FlexTek,
and we have also absorbed the marketing infrastructure of AGE Technologies. AGE
had over one million dollars in revenue from FlexTek sales in Brazil last year.
By adding our line of chemicals to the Brazilian market we expect much higher
future revenues. In addition to increasing profitability, our ownership of all
issued and pending patents enables us to aggressively go after those infringing
on our technology."
XcelPlus' other acquisition, Diesenol, is a 95% ethanol substitute for BioDiesel
and conventional diesel fuels. Unlike BioDiesel, Diesenol has better cold-start
characteristics than regular diesel fuels, and does not require any additional
equipment to be installed on factory diesel engines. Diesenol has been found to
outperform both ordinary diesel and BioDiesel fuels, providing greater
horsepower, flatter torque curves, cleaner exhaust emissions, and extended
engine life. Tested vehicles drove 400,000 kilometers each with no injector
system failures.
XcelPlus is currently designing marketing strategies to enter world-wide diesel
fuel markets. The United States alone consumes over 30 billion gallons of diesel
fuel annually