XL Generation Partners with United Nation Observer Mission, to be Main Sponsor of U.N. Sports for Peace Program.
At this occasion, Mr. Lemieux was appointed Ambassador Extraordinary Plenipotentiary of the Observer Mission to the United Nations in New-York, USA &, Vice Secretary-General by H.E. Dr. Alessandro Manini, Secretary-General of CISRI-ISP based in Rome, Italy.
This United Nations Permanent Observer Mission of the CISRI-ISP Organization, to achieve its humanitarian goals, has created a program named Sports for Peace in support of the U.N. MDG's 2000-2015. At the Millennium Assembly in September 2000, world leaders adopted the U.N. Millennium Development Goals 2000-2015. These goals, eight (8) in all, are an ambitious agenda for reducing poverty and improving the quality of life in emerging countries.
The Sports for Peace Program is setup to complement the U.N. MDG's with its mission to develop education through sport among the most underprivileged and to promote peace in the World. Along with other U.N. initiatives it will use sport as a way to promote sustainable development, education, health, and peace.
XL Generation was invited to participate in this ambitious humanitarian Sports for Peace Program, by giving to kids in need from around the world the chance to use their XL Turf surfaces. These surfaces were chosen by the Sports for Peace Program because of their highly superior characteristics such as being eco-friendly and recyclable, safer and more comfortable for players, and also for their mobility.
Says H.E. Ambassador Alain Lemieux, President and CEO of XL Generation: "I am deeply honored by this nomination, and at the same time, more than pleased for XL Generation to have been chosen to be the main sponsor and a full partner in the U.N. Sports for Peace Program. We believe strongly that this program will make a difference in the life of thousands of underprivileged children and adults alike. We are also grateful for the recognition given to our Company. After years of work, this for us is the confirmation that we have achieved our goal of developing a superior product which we always thought would become the world leader."
Sports for Peace has an ambitious program of fundraising events. Supported by XL Generation, along with many large corporate sponsors and famous names from the sport and entertainment industry, these events will raise substantial funds for the program as well as serve to raise the profiles of many sponsors' corporate social responsibility (CSR) programs.
These funds along with donations and grant aid will enable the establishment of Sports for Peace centers using XL Generation sports surfaces in areas of need around the world. This will lead to greatly increased visibility and exposure for XL Generation and its brands, as well as the subsequent boost in business through the increased demand for its products worldwide.
The first ten (10) Sports for Peace centers using XL Turf surfaces purchased by the Program (Sports for Peace) have already been planned. These first centers will be opened in the next six (6) months - the centers are based in Switzerland, France, U.K., Canada, USA, Brazil, Ghana, Senegal, Somalia and Korea.
In 2006 the plan is to extend the program to the supporting countries of CISRI including Benin, Burundi, Congo Democratic Republic, Equatorial Guinea, Guinea, Madagascar, Sao Tome Principle, Gambia, Cameroon and other African states, as well as expand the program into China and then the rest of Asia, the Indian sub continent and the Middle and Near East.
The Sports for Peace Program is a Subsidiary Commission of the CISRI-ISP Organization. As constitutionally mandated, all Sports for Peace activities will benefit selected U.N. entities, agencies, organizations and programs concerned in the support of the U.N. Millennium development goals.
For additional information about XL Generation International Inc. or its subsidiaries, please visit the company's website at www.xlturf.com or review its periodic filings with the Securities and Exchange Commission at http://www.sec.gov.
This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. 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. XL Generation International Inc. 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 requirement 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 XL Generation International Inc.'s SEC filings. XL Generation International Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with XL Generation International Inc.'s business, please refer to the risks and uncertainties detailed from time to time in XL Generation International Inc.'s SEC filings.
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|Date:||Oct 11, 2005|
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