| XPEL Technologies Corp. |
| Background: |
XPEL Technologies Corp. engages in the manufacture, sale, and distribution of after-market automotive products primarily in the United States. The company primarily offers bulk paint protection film (PPF), pre-cut PPF, and headlight protection kits for automotive paint, and headlamp protection and window tint products. Its paint protection products protect vehicles from damage caused by rocks, gravel, salt, or insects through the application of a thin and invisible urethane film; light protection products are scratch-resistant, urethane material coupled with clear adhesive to protect cars against the perils of the open road; and Design Access Program, a software that allows dealers to manufacture paint protection, headlamp protection, and window tint kits, as well as enables to print wholesale and retail catalogs. The company was founded in 2003 and is based in San Antonio, Texas. INCORPORATED: in Nevada Oct. 14, 2003. On May 21, 2004, the company merged Reflex Enterprises, L.L.C. (Reflex). In the merger, the members of Reflex received 14,830,000 Common shares of the company. Reflex Enterprises, L.L.C. was formed in January 1999 as a Texas Limited Liability Company. SUBSIDIARIES: |
| Paintshield Limited |
| XPEL Canada Corp. |
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