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Re: Rawnoc post# 177

Tuesday, 01/26/2010 2:25:27 PM

Tuesday, January 26, 2010 2:25:27 PM

Post# of 190
XcelPlus Global Holdings Announces Date for SEC Filing and Release of Audit

DOTHAN, Ala., Jan 26, 2010 (BUSINESS WIRE) -- XcelPlus Global Holdings, Inc.
(Pink Sheets: XPGH), a leading manufacturer and distributor of industrial
biofuels, announced today the company's first audited financial report will be
issued on or before February 24, 2010. The 2009 fourth-quarter and year-end
results released in the report will all be positive, and the company plans to
electronically file Form S-1 with the SEC the same day the audit report is
issued, initiating the process to move to over-the-counter trading.

"We're a relatively young company with no debt, cash in the bank and strong top
and bottom lines," said J. Michael Parsons, president and CEO of XcelPlus Global
Holdings. "So, we anticipate the approval process will go smoothly." Approval
from the SEC to trade on a national securities exchange typically takes four to
six weeks from the date of filing. Carr, Riggs & Ingram is conducting the audit,
while Denver, CO, private practice attorney Diane Dalmy is preparing the S-1
paperwork.

"We're eager to pass this milestone and continue on the track we've set for 2010
and beyond," said Parsons. "We've had a number of successful test burns recently,
as we look to expand into new markets, with even greater profit potential, in the
very near future."

This release includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Statements contained in this release that are not historical facts may
be deemed to be forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual performance and
results may differ materially from that projected or suggested herein due to
certain risks and uncertainties, including, without limitation, the ability to
obtain financing and regulatory and shareholder approval for anticipated actions.

Investors Relations at investor@xcelplusglobal.com XcelPlus Global Holdings, Inc.
http://Xcelplusglobal.com/

SOURCE: XcelPlus Global Holdings, Inc.

XcelPlus Global Holdings, Inc.
J. Michael Parsons, 866-492-5325
investor@xcelplusglobal.com


Copyright Business Wire 2010

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