40.5% DAP Revenue Growth Over Same Period in 2006
20,547 Paint, Headlight and Tint Patterns Downloaded
Nearly 50,000 Design Applications in Electronic Database
SAN ANTONIO, April 5 /CNW/ - XPEL Technologies Corp. (TSX VENTURE:DAP.U)
announced today that the overall number of downloads from its electronic
library of paint, headlight and window tint protection kits during the month
of March, set a record by crossing the 20,000 unit mark for the first time
ever, which is an improvement of 44% over the same period in 2006.
Steven J. McAuley, XPEL's CEO, stated, "The trend continues to be
extremely positive for XPEL, as the number of Design Access Program ("DAP")
kits accessed from our database set a monthly record in March of 2007. We
continue doing all of the right things, from trimming our expenses, maximizing
use of our existing assets, to expanding our market reach with exciting new
products and services. Without doubt, our shareholders can expect to see great
things from us over the coming quarters."
XPEL Technologies Corp. is the worldwide leader in the electronic
delivery of automotive aftermarket products, utilizing the Internet as an
integral component for its design, manufacturing, distribution and customer
relationship strategies. The Company's DAP software utility offers Dealers the
industry's most efficient and productive tool set to better serve customers
with "best-in-class" solutions in real-time. XPEL has clear advantages over
the competition through its expansive proprietary library of
installation-friendly paint and headlight protection and window tint products,
coupled with unique web-based remote manufacturing and distribution software,
superior installation training curriculum and world class facilities, with
established and growing sales channels.
Certain statements contained herein such as: "Without doubt, our
shareholders can expect to see great things from us over the coming quarters."
is considered a "forward-looking statement." These types of statements are
based upon the belief of the Company's management, as well as assumptions made
beyond information currently available to the Company's management. Because
"forward-looking statements" are subject to risks and uncertainties, actual
results may differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause results to differ
materially from those expressed or implied by such forward-looking statements
include, but are not limited to, price competition, the inability to obtain
additional capital, loss of key personnel, unavailability of leased
facilities, technological changes, service interruptions, equipment failures,
customer attrition, general economic conditions, relationships with vendors,
government supervision and regulation, changes in industry practices, and
The TSXV has not reviewed and does not accept responsibility for the
adequacy and accuracy of this information.
For further information:
For further information: XPEL Technologies Corp., San Antonio Craig K.
Clement, 210-678-3716 Senior Vice President E-mail: email@example.com Web