Wednesday, September 06, 2006 1:03:58 PM
Flextek Presented to Members of U.S. Congress
XcelPlus International Inc. (PINKSHEETS: XLPI) is pleased to announce that it will be conducting a Flextek demonstration to U.S. and state congressmen in Washington, DC in early September 2006. The demonstration is expected to include the installation of a Flextek unit on the personal vehicle of at least one U.S. congressman.
According to XcelPlus President Mr. Bill R. Smith, "We are very excited about the national attention our products are getting. This high profile exposure will help us get out the word that it is no longer necessary to depend on the mid eastern oil supply."
The Flextek is a retrofit device that enables most modern vehicles to operate on E85 ethanol fuel as well as gasoline. XcelPlus International's strategic trading partner, XcelPlus Global Holdings Inc. (PINKSHEETS: XPGH) is currently planning to bring inexpensive cellulosic ethanol production to key U.S. locations. 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.
About XcelPlus International:
XcelPlus International Inc. produces and markets cutting edge alternative fuel products 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.
Source: Market Wire (August 29, 2006 - 9:20 AM EST)
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