A Big Hit for the Worldwide Turf Products' Specialist: XL Generation Selected as the Exclusive Provider for the HIT Centers in the USA.ZUG Zug (ts k), canton (1993 pop. 87,100), 93 sq mi (241 sq km), N central Switzerland. , Switzerland -- XL Generation International Inc. (OTCBB OTCBBSee OTC Bulletin Board (OTCBB). :XLGI), a leading provider of artificial turf Artificial turf, or synthetic turf, is a grass-like man-made surface manufactured from synthetic materials. It is most often used in arenas for sports that were originally or are normally played on grass, however, it is now being used on residential lawns and commercial products and other leisure and sports surfaces, proudly announced today that it has been selected as the exclusive turf provider for the HIT (High Intensity Training) Centers all over the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . HIT was founded in February 2003 by nationally known exercise physiologist Dr. Terry Sheperd. It is a new and unique fitness concept offering sports performance and athletic development enhancement programs for athletes of all ages in a large variety of sports. The HIT Centers are actually considered to be the ideal solution to the challenge of safety, comfort, cleanliness Cleanliness See also Orderliness. Cleverness (See CUNNING.) Berchta unkempt herself, demands cleanliness from others, especially children. [Ger. Folklore: Leach, 137] cat continually “washes” itself. and flexibility of turf installations by the health and sports authorities Sports Authority is the USA's largest full line sporting goods retailer. The company is headquartered in Englewood, Colorado. It operates over 400 stores in 45 U.S. states under the Sports Authority name. Total sales for the fiscal year ending January 29 2005 were $2.44 billion. . XLG's top turf product, the high performer XL Pro EF, was selected by the Hit Centers' operators. Six HIT Centers, already welcoming the NFL NFL abbr. National Football League NFL (US) n abbr (= National Football League) → Fußball-Nationalliga hopefuls, are actually in operation in the USA, namely in Lexington, KY., Jacksonville, FL., Huntington, WV, Highlands Ranch, CO., Westover, WV, and Uniontown, OH. Another one is planned to open soon in Tampa FL., thus materializing Dr. Sheperd's goal to open more than 250 HIT Centers in USA over the next two years. XL Turf's average sale reached $15,000.00 per center for the first six locations; it is expected to reach close to $25,000.00 on some future locations. The HIT Centers in the USA represent a potential sales figure of approximately US $4.25 million for the coming years. XL Generation acquired this exclusive contract through the participation of its American distributor, Centaur centaur (sĕn`tôr), in Greek mythology, creature, half man and half horse. The centaurs were fathered by Ixion or by Centaurus, who was Ixion's son. Floor System, who is the sole provider for the HIT Centers in the USA. Centaur is a national seller of recreational, fitness and athletic flooring systems, leading the markets over the last 20 years. Centaur's clients, composed of both amateur and professional athletes, include health clubs, fitness and athletic facilities, academic institutions, parks and recreation, church and government entities. With a nationwide sales force of over 50 representatives, strategic alliances and a growing dealer network, Centaur's goal is to provide a one stop shopping experience with the best products, service and warranty in the industry. "Our research for an innovative and safe product led us to XLTurf products. They not only succeeded in developing the industry's safest artificial surface, but they also may have created a surface safer than natural grass," declared Mr. John Donati, President of Centaur. "With almost two dozen installations last year, XLTurf has helped us to set a new standard for artificial turf in our current markets. Our strong partnership and commitment to innovation, quality, and customer service will continue to be the benchmark of the XLTurf line of products for years to come," he added. XL Generation renting services growing XL Generation also announced today that it will rent surfaces on a short, mid and long term basis to a variety of clients, starting January 2006. Two successful pilot projects launched in the past two years, namely the Bladium Indoor Center which rented a 2000 sq. meter pitch in 2004 and the Podium podium In architecture, a pedestal on a large scale. It may be any of various elements that form the base of a structure, such as the platform forming the floor and substructure of a Classical temple, a low wall supporting columns, or the structurally or decoratively Performances, in Calgary, as well. St. Margerethen in Switzerland, with a pitch of XL Turf Pro for an amount of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1 000 per month, and the Lanaudiere Regional Soccer Association, with a pitch of Multi XL Turf for an amount of CAN $2,500 per month, are the two first new renting customers of XLG XLG Extra Large XLG Export Lead Growth in 2006. The XL surface is ideally suited for multi-functional stadiums since it is a mobile system. As such the surface can be removed and re-installed in minimal time to accommodate various events. New sales XLG has just settled two sales of XL Turf Multi with the Chicagoland Paintball paintball Sports medicine A sport in which marble-sized gelatin capsules filled with a nontoxic dye are shot at speeds of 300 kph/200 mph Warning: in Glenwood, IL and the Golfotron Eklipse in Montreal, Canada, for a total sale of 2300 sq. meters. XL Generation is a major supplier of artificial turf surfaces. Based in Zug, Switzerland, it holds the worldwide commercial and manufacturing rights for the revolutionary "XL technology" protected by a web of patent/patent applications in up to 42 jurisdictions. These forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 Terrorist acts and the threat of Terrorism have occupied the various law enforcement agencies in the U.S. government for many years. The Anti-Terrorism and Effective Death Penalty Act of 1996, as amended by the usa patriot act 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. XL GENERATION INTERNATIONAL INC. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :XLGI) |
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