DOTHAN, Ala.–(BUSINESS WIRE)–XcelPlus Global Holdings, Inc. (Pink Sheets: XPGH – News) announced today that it is negotiating a fuel supply agreement with CEMEX, a global leader in building materials with operations in more than 50 countries. “We would supply environmentally friendly fuel to CEMEX for the U.S. and European markets, and this would be our largest contract to date, if details can be worked out,” said J. Michael Parsons, president and CEO of XcelPlus Global Holdings. “We are optimistic about the direction of the negotiations, and hope for a successful conclusion.”

Headquartered in Mexico, CEMEX produces, distributes and markets cement, ready-mix concrete, aggregates and related building materials. The company has an annual production capacity of 96 million metric tons of cement and 77 million cubic yards of ready-mix concrete.

XcelPlus is on an upward trajectory, with a robust first quarter ahead, Parsons added. “We invested time educating various industry groups in 2009, and that is paying off today, with the attention we are getting from the Department of Defense, paper, power generation and building materials industries,” he stated. “We are well positioned in much of the southeast U.S., and working to expand our presence in Texas, Louisiana, West Virginia, Virginia and North and South Carolina.”

XcelPlus will complete its S-1 filing this month for a move up to the OTCBB exchange and will issue audited financial information later in February. “Our debt-free status positions us for a quick and smooth transition to the OTC exchange,” said Parsons. “It also gives us the freedom to add staff and acquire distressed assets, if opportunities develop that fit our business plan.”

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.

XcelPlus Global Holdings, Inc.
J. Michael Parsons, 866-492-5325
investor@xcelplusglobal.com