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XL TechGroup, Inc. (XLT)

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Monday 26 June, 2006

XL TechGroup, Inc.

Re AgCert Trading Statement

XL TechGroup, Inc.
26 June 2006


Press Release                                                       26 June 2006

                               XL TechGroup, Inc.

                       ('XL TechGroup' or 'the Company')

              XL TechGroup company AgCert announces trading update


XL TechGroup company, AgCert International plc ('AgCert'), has today issued a
trading update prior to its 30 June half year end advising that in the first
half of 2006 AgCert has made further progress in both its operations and
regulatory approvals.

John Scott, CEO of XL TechGroup, said:  'AgCert continues to make good progress
in developing its operations, particularly in Mexico and Brazil, and is
receiving strong regulatory support and approval.  The AES AgriVerde joint
venture has led to a number of other international parties interested in
exploring the potential setting up of similar production joint ventures.'

'Furthermore, AgCert has strengthened its management team with the appointment
of three experienced senior executives who have outstanding track records.  We
are very excited about AgCert's progress and we remain committed shareholders.'


                                    - ends -


For further information:
 XL TechGroup Inc.
 John Scott / Harold Gubnitsky                                                           Tel: +1 321 409 7403 
 [email protected]                                                                      www.xltechgroup.com

 XL TechGroup media enquiries:
 Abchurch Communications
 Heather Salmond / Chris Munden                                                     Tel: +44 (0) 20 7398 7700
 [email protected]                                                    www.abchurch-group.com



NOTES TO EDITORS



About XL TechGroup

XL TechGroup identifies unmet market needs in the Biotech, Ecotech and Medtech
sectors and then systematically creates and develops successful disruptive
technology businesses to exploit these needs.  The Company has developed a
unique proven method to rapidly bring companies from inception to liquidity,
matching unexploited IP from a group of corporate and technology partners to the
identified unmet market need.  XL TechGroup employs its own predictive algorithm
to ensure the market will rapidly adopt the identified solution and then moves
to scale the company specifically created to exploit the opportunity.

Before forming XL TechGroup, the management team created substantial value for
shareholders over a twelve year period, successfully exiting six technology
businesses at an average market valuation of approximately US$500 million.

The listing of the first company created under the XL TechGroup banner, AgCert
International, continues to validate the systematic approach to value creation.
     
•    AgCert International was created by XL TechGroup in May 2002 and is a 
     global leader in the production and sale of agriculturally derived 
     greenhouse gas emission reductions, with business in Europe, Asia, North 
     America and South America.  AgCert was listed on the London Stock Exchange 
     in June 2005 and XL TechGroup maintains a 27.2% interest in AgCert.  
     www.agcert.com


The second and third companies in the new generation of XL TechGroup businesses
are:
     
•    TyraTech LLC, which was created by XL TechGroup in July 2004, is developing 
     a new class of insecticides utilizing all natural active ingredients.
     TyraTech is able to quickly evaluate natural ingredient combinations by
     utilizing a patent-pending high throughput chemoreceptor screening process 
     that accurately predicts effectiveness levels.  TyraTech's development is 
     progressing rapidly in both insecticidal and related human healthcare 
     applications. TyraTech, which is 66.7% owned by XL TechGroup, is continuing 
     discussions with companies in North America, Asia and Europe as well as 
     numerous national public health programs about the licensing and 
     distribution rights for its patent-pending formulations in relation to 
     natural insecticide and personal care products.  www.tyratech.com
     
•    DxTech LLC was created by XL TechGroup in July 2005, and is developing a 
     unique micro-fluidic platform that replaces essentially all biological 
     tests currently performed at reference laboratories with a fully-automated,
     point-of-care device.  This technology has applications in significantly
     lowering costs and increasing efficiency for major pharmaceutical companies 
     in their clinical trials, the provision of diagnostics in developing 
     countries and delivering a new revenue stream for doctors in the USA.  
     DxTech is currently 100% owned by XL TechGroup.

XL TechGroup has a number of other opportunities already at an advanced stage in
its business creation pipeline, and expects to create one-to-two new companies
annually that can each achieve a liquidity event worth at least US$400 million
within four years from inception.

For further information, see www.xltechgroup.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                        

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