XELR8 Reports Number of Distributors in Direct Selling Network Surpasses 3,000 in August
September 12 2006 - 2:08PM
PR Newswire (US)
5.93% Net Growth Over July; 67% Net Growth Year-to-Date DENVER,
Sept. 12 /PRNewswire-FirstCall/ -- VitaCube Systems Holdings, Inc.,
d/b/a/ XELR8 Holdings, Inc. (AMEX:PRH), a provider of functional
foods, beverages and nutritional supplements, today announced that
the number of distributors comprising its national direct selling
network grew to 3,053 in August, representing a 5.93% net increase
over the number reported as of July 31, 2006. Year-to-date, the
network has realized a net increase of 1,227 new distributors,
representing 67% net growth. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO)
"Surpassing the 3,000 mark was an important psychological benchmark
for XELR8 as we continued to focus on our ultimate objective of
building our network to exceed 6,500 direct selling professionals
by mid-2007," stated Earnest Mathis, XELR8 Chairman and CEO. "With
prevailing emphasis on network expansion in key metro markets
across the United States, we are enthused by the steady, consistent
growth trend we continue to experience." About XELR8 Holdings, Inc.
VitaCube Systems Holdings, Inc., d/b/a/ XELR8 Holdings, Inc., is a
provider of nutritional foods and beverages designed to help
enhance physical health and overall performance. XELR8 has
developed a comprehensive line of nutritional supplements and
functional foods designed in systems that are easy to take, simple
to understand, and conveniently fit within a lifestyle. XELR8's
commitment to quality, science, and research has earned them a
loyal following of over 350 world-class athletes and an elite list
of endorsers, such as five-time Cy Young Award Winner Randy
Johnson; Super Bowl Champions Mike Alstott, Lawyer Milloy and Head
Coach Mike Shanahan; professional football superstar Cadillac
Williams; Olympians Briana Scurry and Caroline Lalive; Stanley Cup
Winner Blake Sloan; and PGA Tour Professional Tom Pernice, Jr.
XELR8 products are only available through independent distributors
located throughout the nation. For more information about XELR8,
please visit http://www.xelr8.com/. Forward-looking Statements This
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including prospects for XELR8's distribution network. Actual
results may differ from those discussed in such forward-looking
statements. These forward-looking statements include risks and
uncertainties that include the Company's ability to attract and
retain distributors; changes in demand for the Company's products;
changes in the level of operating expenses; changes in general
economic conditions that impact consumer behavior and spending;
product supply; the availability, amount, and cost of capital for
the Company; and the Company's use of such capital. More
information about factors that potentially could affect the
Company's financial results is included in the Company's filings
with the Securities and Exchange Commission, including its Annual
Report on Form 10-KSB for the year ended December 31, 2005 and all
subsequent filings. Certain statements in this release regarding
the Company's agreements are in accordance with the guidelines
established by the Federal Trade Commission for endorsements in
advertising. Company Contacts: VitaCube d/b/a XELR8 Holdings, Inc.
Earnest Mathis, CEO (303) 316-8577, x228 mailto: Elite Financial
Communications Group, LLC Dodi Handy, President and CEO (407)
585-1080 http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO
http://photoarchive.ap.org/ DATASOURCE: XELR8 Holdings, Inc.
CONTACT: Earnest Mathis, CEO of VitaCube dba XELR8 Holdings, Inc.,
+1-303-316-8577, x228, or ; or Dodi Handy, President and CEO of
Elite Financial Communications Group, LLC, +1-407-585-1080, or Web
site: http://www.xelr8.com/
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