XPEL Paint Protection Film and Window Film Now Available to Tint World Automotive Styling Franchisees Across the U.S.

SAN ANTONIO–(BUSINESS WIRE)–XPEL Technologies Corp. (TSXV:DAP.U), a global supplier of automotive
paint protection and window protection films, today announced that it
has signed an agreement to make its Paint Protection Film and Window
Film available to Tint World Automotive Styling franchise locations
across the U.S.

Tint World® Automotive Styling Centers™ are leading providers of
automotive, marine, residential and commercial window tinting and also
offer sales and installation of mobile electronics, audio video
equipment, security systems, auto accessories, custom wheels and tire
packages, detailing services, maintenance and repair services, and more.
Tint World® is also a leading provider of Residential, Commercial and
Marine Computerized Window Tinting and Security Film Services with
locations throughout the U.S. and abroad, with franchise opportunities
available worldwide.

“We are pleased to have this opportunity to provide our paint protection
and window film products to the more than 50 Tint World locations in the
U.S,” said Ryan Pape, President and Chief Executive Officer of XPEL. “In
addition, XPEL will provide expert training and certification of
installers at each franchise stocking our product to ensure that the end
customer receives a finished product consistent with our quality
standards. This strategic partnership enables us to bring our film
products to an expanded audience of potential customers and increases
our brand exposure in the United States” he added.

“We are excited about our enhanced relationship with XPEL as a leading
brand provider of Paint Protection Film and Window Film,” said Charles
J. Bonfiglio, CEO of Tint World®. “Our new relationship will enable all
our franchise locations access to offer XPEL products to their

About XPEL Technologies Corp.

XPEL is the leading supplier of automotive paint and headlamp protection
films with over 70,000 vehicle-specific applications and a worldwide
network of trained installers. XPEL is the developer of the Design
Access Program software, and manufacturer of XPEL™ Automotive Paint and
Headlamp Protection Products. XPEL has forged the cutting-edge of
automotive protection technology, and leads the industry in quality,
technical support and customer service.

Additional information can be found on the Company’s website at www.xpel.com.

About Tint World

Founded in 1982, Tint World® has grown to become an award-winning
franchised provider of automotive, residential, commercial and marine
window tinting and security film services. With Automotive Styling
Centers™ in the U.S. and abroad, each franchise location houses
approximately 20 profit centers, ranging from in-store accessory
installations, to off-site sales and installation of residential,
commercial and marine window tinting and security films. To find out
more, please visit www.tintworld.com
and www.tintworldfranchise.com.

Safe harbor statement

This release includes forward-looking statements regarding XPEL
Technologies Corp. and its business, which may include, but is not
limited to, anticipated use of proceeds from capital transactions,
expansion into new markets, and execution of the company’s growth
strategy. Often, but not always, forward-looking statements can be
identified by the use of words such as “plans,” “is expected,”
“expects,” “scheduled,” “intends,” “contemplates,” “anticipates,”
“believes,” “proposes” or variations (including negative variations) of
such words and phrases, or state that certain actions, events or results
“may,” “could,” “would,” “might” or “will” be taken, occur or be
achieved. Such statements are based on the current expectations of the
management of XPEL. The forward-looking events and circumstances
discussed in this release may not occur by certain specified dates or at
all and could differ materially as a result of known and unknown risk
factors and uncertainties affecting the company, performance and
acceptance of the company’s products, economic factors, competition, the
equity markets generally and many other factors beyond the control of
XPEL. Although XPEL has attempted to identify important factors that
could cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other
factors that cause actions, events or results to differ from those
anticipated, estimated or intended. No forward-looking statement can be
guaranteed. Except as required by applicable securities laws,
forward-looking statements speak only as of the date on which they are
made and XPEL undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.


Media Relations:
CommCore Consulting Group
Dale Weiss
(202) 659-4177
Marketing Services (IMS)
John Nesbett/Jennifer Belodeau
(203) 972-9200