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Xcelplus International Inc
Xcelplus Announces New Distributor for China
Business
Mar 28 2005
3 min read

Xcelplus Announces New Distributor for China

SALUDA, Va., (March 28, 2005) Pink Sheets- Xcelplus International Inc (Pink Sheets: XLPI), Xcelplus International (http://xcelplus.com) announced today that a company in Shenzhen China, SINOAUTO Industrial Company, will be the new distributor of Xcelplus products for all of China. SINOAUTO has for years distributed various engine treatment products in China, to only drop them while searching for a more credible product. Xcelplus introduced their product line to this group at the trade show in Las Vegas November of 2003, and Bill Smith, CEO of Xcelplus just returned from a trip to China in negotiating this distributorship Mr. Guan, the president and chairman of SINOAUTO Industrial Company, looked for products for months and years before looking at Xcelplus. After extensive review of the Xcelplus products and sample testing, Mr. Guan decided that it would be beneficial for his company to become the exclusive distributor for the Xcelplus' product line. Distribution will begin with launching of Xcelplus products such as engine treatment kits, automatic transmission treatments and gradually add other products offered by Xcelplus such as heavy-duty and car care products, with further addition of industrial and specialty products as the market develops. Currently, SINOAUTO has over 100 salesmen on the road covering all of China, including Hong Kong, and have added 20 more salesmen to be specifically trained on the sales and marketing of Xcelplus products in building a dealer and distributorship network in China. So, we are very excited here at Xcelplus to see our international sales grow at such a rapid pace. The first year commitment from SINOAUTO for China distribution is $2 million and subsequent years will allow for substantial growth. Shin Auto's information can be found at http://www.hbeb.com/eng/site/index.php?id=ShenzhenSinoAuto. 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