- 35 Years of Financial Industry Experience -
- Canadian and European Reach -
SAN ANTONIO, August 22 /CNW/ - XPEL Technologies Corp. (TSX
VENTURE:DAP.U) announced today that it has engaged the investor relations
services of Fitzhenry Financial Resources ("Fitzhenry"), a sole proprietorship
100% controlled by Mr. Dale Fitzhenry. With offices in Scottsdale, Arizona and
Vancouver, Canada, the Fitzhenry firm will be assisting XPEL with improving
its corporate visibility within the financial community. Fitzhenry will be
targeting brokers, brokerage firms, analysts and institutional investors, who
traditionally seek participation in automotive-related opportunities.
XPEL Chief Executive Officer, Steven J. McAuley, stated, "We are pleased
to have engaged the Fitzhenry team for our investor relations activities.
Their highly successful track record of assisting companies gain improved
visibility is very important for our business development. We are confident
that Mr. Fitzhenry and his staff will greatly assist XPEL in getting our
growth story more widely noticed."
Mr. Dale Fitzhenry commented, "In my 35 years of being a participant
within the financial industry, I have seen some very exciting businesses, and
undoubtedly XPEL is one of them. We confidently expect our relationships
throughout North America and Europe to bring improved exposure to XPEL's
successful and rapidly growing business model."
Fitzhenry is to be paid a $25,000 (USD) retainer fee plus $7,500 per
month, which includes all normal office supplies, postage and long-distance
telephone fees. Said fees are to be paid from the XPEL general operating
budget. The initial term of the agreement is for 90 days, with monthly
renewals for up to 12 months and is subject to TSX Venture Exchange approval.
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.
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 firstname.lastname@example.org www.xpel.com