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Friday, 03/11/2005 4:29:04 PM

Friday, March 11, 2005 4:29:04 PM

Post# of 45585
XLPI news, not great IMO.

XLPI -- Xcelplus International, Inc.
Com

Xcelplus Restricted Shareholders Released March 15th


SALUDA, Va., (March 11, 2005) Pink Sheets- Xcelplus International Inc (Pink Sheets: XLPI), Xcelplus International (http://xcelplus.com) announced today that on March 15th, 15,258,400 shares of restricted stock will be available for release under rule 144. These shareholders invested in Xcelplus before the reverse merger that took Xcelplus public and now many will be able to liquidate some of their shares.

Many shareholders have told us they are holding on to their shares for the long term, so we don't anticipate a huge dumping of stock into the market although many of these shareholders have been with Xcelplus for as long as four years.
The trip to China next week to meet with the potential distributor ShenZhen Sino Auto Industrial is under way to establish distribution in China. The company in China currently sells another additive bought in the US but is dropping the line for Xcelplus. This should add significant revenues to our bottom line, much like the distributor in Thailand will this year.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Xcelplus International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Xcelplus International Inc or any other person that the objective and plans of Xcelplus International Inc will be achieved.
Xcelplus International Inc
5041 General Puller Hwy
Saluda, VA 23149
804-758-8426
http://xcelplus.com

http://www.pinksheets.com/quote/news.jsp?symbol=XLPI&headline=Xcelplus+Restricted+Shareholders+R...

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