XCLL news .13 XcelMobility Surpasses Subscriber Milestone

2012-07-02 09:00 ET - News Release

REDWOOD CITY, CA -- (Marketwire) -- 07/02/12

XcelMobility Inc. (OTCBB: XCLL) ("Xcel" or the "Company"), a developer of high speed web browsing solutions and related performance enhancing products for mobile devices, is extremely pleased to announce the achievement of over 1.5 million subscribers in Asia.

XcelMobility is currently deriving revenue from the sale of licensing agreements and is increasing its revenues by expanding marketing efforts to broaden its product offering to include software sales directly to mobile device manufacturers and to provide application sales and enhanced products directly to consumers. The Company is dedicated to the introduction of new high speed products to the immense Asian market as the extraordinary proliferation of users within the market predominantly access the internet and social media through mobile devices offering an immense hunger for products that improve the end user experience.

Xcel's marquee product is the Mach 5 "Xcelerator" which provides the fastest browsing experience available for mobile phones, tablet PCs and laptops. The Mach 5 browser has been tested by some of the world's largest cellular carriers and manufacturers (ZTE, China Unicom, Softbank and SK Telecom) and they have all independently verified that Mach 5 provides 5 to 10 times faster access to the internet than standard web browsers. Mach 5 enables users to load applications, videos and web pages faster than ever.