XPEL Completes Private Placement



    SAN ANTONIO, March 6 /CNW/ - XPEL Technologies Corp. (TSXV:DAP.U)
announced that it has completed partially brokered private placements totaling
US$917,750 comprising US$750,000 at a price of US$1.50 per Unit and US$167,750
at a price of US$1.60 per Unit following TSX Venture Exchange acceptance. Each
Unit consists of one common share of the Company and one warrant. Each warrant
entitles the holder to purchase an additional common share of the Company for
two years until March 2, 2009 at a price of US$2.25 per share. Commissions or
finders fees totaling US$71,650 and 19,200 broker's units were paid in
connection with the private placements. Each broker's unit consists of one
common share of the Company and one broker's warrant. Each broker's warrant
entitles the holder to purchase an additional common share of the Company for
two years until March 2, 2009 at a price of US$2.25 per share. The proceeds
from the financing are intended to be used for general and administrative
expenses, working capital and capital investment. A four month hold period
will require that any securities issued pursuant to this offering may not be
transferred prior to July 3, 2007.

    XPEL Technologies Corp. (www.xpel.com) 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 for better
serving 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 a unique web-based remote manufacturing and distribution
software, superior installation training curriculum and world class
facilities, and established and growing sales distribution channels.

    The TSXV has not reviewed and does not accept responsibility for the
adequacy and accuracy of this information.

    CUSIP: U98409102




For further information:

For further information: XPEL Technologies Corp., San Antonio Craig K.
Clement, 210-678-3716 Senior Vice President ckclement@xpel.com www.xpel.com

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XPEL Technologies Corp.

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