XcelPlus Global Holdings Selects GEN-X Energy Group as Strategic Partner for Operations Management

DOTHAN, Ala. - (BUSINESS WIRE) - XcelPlus Global Holdings, Inc. (Pink Sheets: XPGH) has enlisted GEN-X Energy Group Inc., a privately held biodiesel and renewable fuels producer, as a strategic partner to handle operations management for a nationwide renewable fuels expansion project. GEN-X will manage day-to-day functions including customer relations, product distribution and logistics to support the continued growth of XcelPlus as the fuel oil market increasingly embraces alternative, renewable fuels as replacement for petroleum products.

"We've seen steady growth this year and reached a volume where we needed to provide a high level of customer service and ensure our product gets to market on time and on budget," said J. Michael Parsons, president of XcelPlus Global Holdings. "GEN-X Energy Group demonstrated its knowledge and capabilities to deliver these services, and its compliance department is second to none."

Scott Johnson, president and CEO of GEN-X Energy Group said, "Our alliance with XcelPlus Global will advance the missions of both companies and further establish renewable fuels as a less-expensive option in the fuel oil market."

GEN-X recently participated in the largest maritime biodiesel study in the United States. Ramon Benavides, vice president of business development for the company, has addressed the U.S. Departments of Energy and Agricultural about the country's biodiesel infrastructure. He stated, "Biodiesel has been identified as a viable alternative for maritime fuel, and the worldwide shipping market holds tremendous potential for us."

Parsons added that XcelPlus is establishing distribution points across the United States. Sites currently being planned include Memphis, TN, Kansas City, MO, Tampa, FL, Toledo, OH, Salt Lake City, UT and southwest Washington State.

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.

Investors Relations at investor@xcelplusglobal.com
XcelPlus Global Holdings, Inc.
http://Xcelplusglobal.com/

XcelPlus Global Holdings, Inc.
J. Michael Parsons, 334-701-8044