SAN ANTONIO — XPEL Technologies Corp. announced that product downloads from its database during the month of June reached 10,875 kits for the first time in Company history. The number of kits produced by XPEL and its worldwide dealer base during June of 2005 exceeded production for the same period in 2004 by 58.4% or 4,012 kits.
“As we continue growing the pipeline of submitted and ultimately approved XPEL Dealer applications, as previously announced this month, certain business metrics mirror and affirm how important dealer recruitment is,” said W. Rege Brunner, chairman and CEO. “We expended a great deal of resources during 2004 and the first-half of 2005, all for the purpose of growing our product outlets, and the results are paying off. June proved to be our best month ever in terms of revenues at approximately US$316,000. As our industry continues to grow and gain momentum, our shareholders will be the ultimate beneficiaries of XPEL’s strong business model and ‘first-mover’ strategy.”
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