MAULDIN, SC / ACCESSWIRE / January 3, 2023 / Xcelerate, Inc.‘s (OTCQB:”XCRT”) Mike O’Shea, CEO, today released this letter and shareholder update.

I would like to first thank our shareholders for their continued support throughout 2022 and wish all a healthy and prosperous New Year. 2022 was a very busy formulative year for Xcelerate during which we achieved a number of milestones, including;


As we enter 2023, I believe that we are well positioned to continue to execute our business plan. One of our primary objectives is to begin generating revenues from our projects. To do so we have done or intend to do the following:


As always, we are grateful for the support of our shareholders. Together we look forward to an exciting and successful 2023.


Mike O’Shea C.E.O.


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.

Additional information about Xcelerate’s R&D plans can be viewed at the newly updated under the heading of Technology.


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.

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