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Posted On: 05/01/2012 9:47:22 AM
Post# of 25552
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Posted By: Teaks1185

XcelMobility (XCLL) Increases Technical Staff

To Keep Pace With Growth

XcelMobility Inc. (OTCBB: XCLL) ("Xcel" or the "Company"), a developer of high speed web browsing solutions and related performance enhancing products for mobile devices, wishes to advise that in response to a number of recently announced agreements and initiatives, the Company has reacted with the addition of skilled technical personnel in order to manage timely product delivery and an increase in new product development.
Since the beginning of the new year, Xcel has entered into a variety of licensing, sales and deployment agreements through a variety of arrangement with, or for, Shenzhen LMI, China Mobile, ZTE, China Unicom, Tianditu Limited, and Clickoo Limited. This highly successful 3-month push has developed significant opportunities for future growth and Company management aims to proactively ensure its ability to manage the next phase of corporate development.

Xcel CEO, Ryan Ge, comments, "As with any company, growth impacts a number of factors we are more than happy to address. We looked at the situation and determined that now is the time to bolster our technical staff as our ability to manage the technology is critical to our success. Once we complete the next quarter, internal reviews will provide us with data to demonstrate our effectiveness and will prove instrumental in creating a roadmap for future growth as the technology becomes more widely adopted."

http://ih.advfn.com/p.php?pid=nmona&article=51696624


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