XcelPlus Global Holdings Announces Xcelplus Lube Centers, Inc.
03 Abril 2006 - 12:06PM
Business Wire
XcelPlus Global Holdings, Inc., a Nevada Corporation the parent
company of Xcelplus International Inc. (Pink Sheets: XLPI),
(http://XcelPlus.com) has established a new corporation to purchase
and convert quick lube centers over to our new E85 program.
Xcelplus Lube Centers a Nevada Corporation, as well, was recently
established. The name of the new centers is yet to be released as
we are still looking for the appropriate name for the centers and
will announce it very soon. The corporation will begin locating and
purchasing lube centers in the mid west where E85 fuel is
prevalent. The centers will be able to adapt cars to use E85 fuel
with our Flextek technology from Brazil. The Brazilians have been
using ethanol for more than 20 years and have perfected the
adapters for vehicles to run on E85. The technology is also
removable in the event that the vehicle is sold in a few minutes.
The system has a switch which enables the driver to pick which fuel
they are using. The Flextek system allows the injector to remain
open a little longer so that it will get enough fuel into the
system to run properly. At the centers we will also treat the
engines with our Xcelplus E85 Engine Protectant so that the acids
associated with E85 do no harm to the motors. We will also pre
clean the fuel system so there are no future problems. With the
expansion of E85 nationally it is believed that we can effectively
service vehicles nationally with no detriment to the environment
nor the vehicles. The centers will also offer E85 motor oils for
those who already have flex fuel vehicles. The first centers are to
be located in Minnesota, Illinois, Indiana and Michigan, with rapid
expansion plans for the nations. More information is being made
available at the XcelPlus website at http://www.xcelplus.com . 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.
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