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XL TechGroup, Inc. (XLT)

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Thursday 19 April, 2007

XL TechGroup, Inc.

TyraTech intention to float

XL TechGroup, Inc.
19 April 2007


Press Release                                                     19 April 2007



                               XL TechGroup, Inc.
                       ('XL TechGroup' or 'the Company')


                   XL TechGroup Company, TyraTech, Announces
                           Intention to Float on AIM


XL TechGroup (AIM: XLT), the systematic architect and builder of an ongoing
stream of high value new companies, announces that its second company, TyraTech
LLC ('TyraTech'), a developer of safer, effective and natural pesticide
products, has advised of its intention to proceed with a placing of common
shares and to seek admission to trade on AIM, the market owned and operated by
the London Stock Exchange plc.

As of 18 April 2007, XL TechGroup's beneficial ownership in TyraTech was 61.18%.


                                    - Ends -


For further information:
XL TechGroup Inc.
John Scott / Harold Gubnitsky                              Tel: +1 321 409 7403
[email protected]
Chris Munden, Director of Investor Relations          Tel: +44 (0) 20 7398 7720
[email protected]                                            www.xltechgroup.com


Nomura Code Securities
Richard Potts, Corporate Finance                      Tel: +44 (0) 20 7776 1200
                                                             www.nomuracode.com

Media enquiries:
Abchurch
Heather Salmond                                       Tel: +44 (0) 20 7398 7700
[email protected]
Gareth Mead
[email protected]                           www.abchurch-group.com



                                   Disclaimer

Some of the information contained in this press release contains forward-looking
statements. Forward-looking statements are based on our current expectations and
assumptions regarding our business, the economy and other future conditions.
Because forward-looking statements relate to the future, they are, by their
nature, subject to inherent uncertainties, risks and changes in circumstances
that are difficult to predict.  We caution you not to rely on any such
statements as statements of historical fact or as guarantees or assurances of
future performance.  We undertake no obligation to publicly update or revise and
forward-looking statements.

This press release is not for distribution (directly or indirectly) in or to the
United States, Canada, Australia or Japan. This press release is not an offer of
securities for sale in or into the United States, Canada, Australia or Japan.

This press release does not constitute or form part of any offer or invitation
to sell or issue, or any solicitation of any offer to purchase or subscribe for,
any Common Shares of the Company or any other securities, nor shall it (or any
part of it), or the fact of its distribution, form the basis of, or be relied on
in connection with, any contract therefore. In particular, this press release
refers to certain events as having occurred which have not occurred at the date
it is made available but are expected to occur prior to the publication of a
Prospectus in its final form relating to the Company. This document is not a
prospectus and no person should subscribe for or purchase any shares referred to
in this document except on the basis of the information in the Prospectus.

The securities described herein have not been, and will not be registered under
the United States Securities Act of 1933, as amended (the 'Securities Act'), or
any U.S. state securities laws.  They may not be offered or sold in the United
States, except in transactions not subject to or exempt from, the registration
requirements of the Securities Act and applicable state laws.  The Company does
not intend to register any portion of the securities in the United States or to
conduct a public offering of securities in the United States. No money,
securities or other consideration is being solicited and, if sent in response to
the information contained herein, will not be accepted.


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

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