Ecolocap Solutions Inc.
XL Generation AG: XLGI Reaches Agreement with Athletic Alliance
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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XLGI Reaches Agreement with Athletic Alliance
Zug (Switzerland), Monday May 22, 2006 – XL Generation International Inc.
(OTCBB: XLGI), a leading provider of artificial turf products and other
leisure and sports surfaces, is proud to announce that it has reached an
agreement with Athletic Alliance (www.athleticalliancellc.com ) for
distribution of the XL line of products for the Ohio and the Florida
markets, with additional coverage all over the Mid-West in the United
States.
The owners of Athletic Alliance cumulate 50 years of experience in the
sports industry market and have twelve full time sales people in the
territory covered.
JC Chambers, President of Athletic Alliance stated: ‘We are a unique
company in that we package all the components for a facility. We get
involved at the beginning, the concept stage, and hold the customer’s hand
through all the phases: planning, funding, design, construction, products,
facility operations, and even outreach programs. We also pride ourselves on
being fair and living by the Golden Rule, we live by our motto: Devoted to
Family, Fitness and Fun.
Recognizing the unique features and value of the XL product, over the next
18 months we want to sell a minimum of 4 full fields and many smaller
training areas. We are looking for a long term relationship and believe to
have found it in XL the product of the future that will be a factor in our
growth.’
‘Athletic Alliance is a prime example of the quality of associates and
partners that will propel our company forward. With such professionals to
present to the market, the obvious advantages our patented turf system has
over what is in the market presently, our goal will be so much easier to
reach’ Says Eric Wynalda, Vice President Sales USA.
Contact:
XL Generation International Inc. Athletic Alliance
Investor Relations JC Chamberts
(514) 845-4687 www.athleticalliancellc.com
investor@quevest.com
www.xlgeneration.com
Forward looking statement
These forward-looking statements are based on currently available
competitive, financial and economic data and management’s views and
assumptions regarding future events. Such forward-looking statements are
inherently uncertain. The Company cannot provide assurances that the
matters described in this press release will be successfully completed or
that the company will realize the anticipated benefits of any transaction.
Actual results may differ materially from those projected as a result of
certain risks and uncertainties, including but not limited to: global
economic and market conditions; the war on terrorism and the potential for
war or other hostilities in other parts of the world; the
availability of financing and lines of credit; successful integration of
acquired or merged businesses; changes in interest rates; management’s
ability to forecast revenues and control expenses, especially on a
quarterly basis; unexpected decline in revenues without a corresponding and
timely slowdown in expense growth; the company’s ability to retain key
management and employees; intense competition and the company’s ability to
meet demand at competitive prices and to continue to introduce new products
and new versions of existing products that keep pace with technological
developments, satisfy increasingly sophisticated customer requirements and
achieve market acceptance; relationships with significant suppliers and
customers; as well as other risks and uncertainties, including but not
limited to those detailed from time to time in the Company’s SEC filings.
The Company undertakes no obligation to update information contained in
this release. For further information regarding risks and uncertainties
associated with the Company’s business, please refer to the risks and
uncertainties detailed from time to time in the Company’s SEC filings.
(c)DGAP 23.05.2006
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Language: English
Issuer: XL Generation Inc.
Sumpfstrasse 32 Postfach 4158
CH-6304 Zug Schweiz
Phone: +41 41 723 10 90
Fax: +41 41 710 16 48
email: europe@xlgeneration.ch
WWW: www.xlgeneration.ch
ISIN: US98374T1088
WKN: A0F52X
indices:
Listed: Freiverkehr in Berlin-Bremen, München, Stuttgart; Open Market
in Frankfurt
End of News DGAP News-Service
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