Business Services Industry

CORRECTING and REPLACING XcelPlus Global Holdings' Renewable Fuel to be Marketed in Ten States by Freedom Fuels

Business Wire, June 12, 2009

DOTHAN, Ala. -- First graph, first sentence of the release should read: XcelPlus Global Holdings, LLC, (Pink Sheets:XPGH) has signed a sales and marketing agreement with Atlanta-based Freedom Fuels, LLC, for the distribution of XcelPlus' renewable fuels (sted XcelPlus Global Holdings, LLC, (Pink Sheets:XPHG) has signed a sales and marketing agreement with Atlanta-based Freedom Fuels, LLC, for the distribution of XcelPlus' renewable fuels).

The corrected release reads:

XCELPLUS GLOBAL HOLDINGS' RENEWABLE FUEL TO BE MARKETED IN TEN STATES BY FREEDOM FUELS

XcelPlus Global Holdings, LLC, (Pink Sheets:XPGH) has signed a sales and marketing agreement with Atlanta-based Freedom Fuels, LLC, for the distribution of XcelPlus' renewable fuels. The agreement covers the industrial applications segment in ten southeastern and mid-Atlantic states. "Freedom Fuels estimates volume in these states to be in excess of ten million gallons, with strong growth opportunities as potential users learn more about the tax incentives and environmental advantages," says XcelPlus President J. Michael Parsons. "Freedom fuels is already actively marketing the product, and brings many years of experience to the venture."

Parsons adds that sales activity for June has increased significantly, and positive earnings for the quarter will be posted in July.

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties, including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.

Copyright Business Wire 2009

 

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