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Market News

Xcelerate, Inc. Announces That ESN Group, Inc. Has Gone Live on the Army & Air Force Exchange Service Online Exchange
25-Apr-24 13:33

MAULDIN, SC / ACCESSWIRE / April 25, 2024 / Xcelerate, Inc.

(https://pr.report/7Jqoa-3Z) (OTCQB:XCRT) today announced that ESN Group,

Inc., a subsidiary of Xcelerate, has gone live with the first of its

Ceramedx® product offerings on the Army & Air Force Exchange Service

("AAFES") online store, (www.shopmyexchange.com). The AAFES Exchange offers

tax-free, discounted, online shopping to more than 20 million active and

retired US Army and Air Force members and their families.

In September 2023 Xcelerate announced that ESN has been designated as an

approved vendor to the Army & Air Force Exchange Service for 21 Ceramedx® and

Earth Science products. Since that time Jay Kline, President of ESN and John

Porter of Product Sector, our marketing partner, have been diligently working

to complete the review, training and logistics requirements required to go

live. It is anticipated that the Company will upload the remaining approved

products over the next few weeks.

"This implementation ideally positions the Company to accelerate revenue

opportunities during 2024" said Mike O'Shea, Xcelerate's CEO.

ABOUT CERAMEDX®

Ceramedx® is the first plant-based ceramide therapy system developed in

consultation with dermatologists for dry, sensitive skin and conditions such

as eczema. Ceramedx® products contain our exclusive Riceramide®-3 natural

ceramide technology that can actually help heal dryness, improve moisture

retention and prevent dryness from recurring. Formulated without irritating

fragrances, parabens or petrolatum, Ceramedx® products have been clinically

tested to ensure they are gentle enough for sensitive skin. All Ceramedx®

products are 100% vegan, PETA-certified cruelty free, paraben free, petrolatum

free, GMO free, gluten free and fragrance free. We don't test our finished

products or ingredients on animals, and neither do our suppliers or any third

parties. It's also verified that our products are not tested on animals

anywhere in the world, including mainland China.

Investors and stakeholders are encouraged to stay updated on the latest

developments by visiting the company's website at https://xcelerate.global/.

ABOUT XCELERATE INC.

In May 2020, Xcelerate commenced implementation of a new business plan that

encompasses two separate but related businesses within the medical industry,

including (i) owning and licensing the rights to various forms of medical

equipment and portfolio of patents, patents pending and technology licenses

and (ii) development of virtual health technology to assist patients in

developing countries obtain medical care by extending the reach of physicians

through the use of that technology. For more information visit

www.xcelerate.global or contact us at 854-900-2020 or email

info@xcelerate.global.

SAFE HARBOR

This press release may contain forward-looking information within the meaning

of Section 21E of the Securities Exchange Act of 1934, as amended (the

"Exchange Act"), including all statements that are not statements of

historical fact regarding the intent, belief or current expectations of the

Company, its directors or its officers with respect to, among other things:

(i) the Company's financing plans; (ii) trends affecting the Company's

financial condition or results of operations; (iii) the Company's growth

strategy and operating strategy; and (iv) the declaration and payment of

dividends. The words "may," "would," "will," "expect," "estimate,"

"anticipate," "believe," "intend," and similar expressions and variations

thereof are intended to identify forward-looking statements. Investors are

cautioned any such forward-looking statements are not guarantees of future

performance and involve risks and uncertainties, many of which are beyond the

Company's ability to control, and actual results may differ materially from

those projected in forward-looking statements resulting from various factors.

SOURCE: Xcelerate, Inc.

View the original press release

(https://www.accesswire.com/856621/xcelerate-inc-announces-that-esn-group-inc-has-gone-live-on-the-army-air-force-exchange-service-online-exchange)

on accesswire.com

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