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San Antonio, TX – July 25, 2018 — XPEL Technologies Corp. (TSXV: DAP.U), a leading supplier of automotive paint protection and window films, today announced its name change to “XPEL, Inc.”, as approved by shareholders at its annual general meeting on June 28, 2018 and by the TSXV Venture Exchange on July 23, 2018.  The Company will continue trading its shares uninterrupted under the current symbol “DAP.U”.

Common shares owned by shareholders of the Company will automatically be adjusted as a result of the name change and no further action is required to be taken by shareholders.  The CUSIP number assigned to the Company’s shares remains unchanged.

Mr. Ryan Pape, President and Chief Executive Officer of XPEL, commented, “As our business has expanded, so has the XPEL brand.  This new name better aligns with who we are as a Company today and will alleviate confusion among our various constituencies about the nature of our operations.”

About XPEL, Inc.

XPEL leads the industry in designing, manufacturing and distributing high-performance automotive paint and headlamp protection film technologies. Using XPEL’s proprietary software and materials, our professional design team develops products that deliver the ultimate in vehicle protection, meeting the demands of a broad range of makes and models. With more than 70,000 vehicle-specific applications and a global network of trained installers, XPEL is dedicated to exceeding customer expectations in providing high-quality products, customer service, and technical support. XPEL, Inc. (TSXV: DAP.U) is publicly traded on the TSXV Exchange. Visit www.xpel.com for more information.

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