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XPEL Technologies Corp. and Performance Tools Distributing Mutually Agree to Terminate LOI.

Publication: Business Wire
Publication Date: 25-AUG-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
XPEL Canada chosen to be the Performance Tools exclusive distributor in Canada

SAN ANTONIO -- XPEL Technologies Corp. (TSXV: DAP.U) said today that it and Performance Tools Distributing ("Performance Tools") have mutually agreed to terminate the previously announced agreement whereby XPEL was to acquire Performance Tools.

XPEL's CEO, Nuno Ferreira, stated, "Although we have decided not to...

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