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XELR8 Holdings, Inc. Hires Vice President of Strategy and Network Development
Date:6/11/2009

Outstanding team leader with a strong record of revenue growth and sales force development

DENVER, June 11 /PRNewswire-FirstCall/ -- XELR8 Holdings, Inc. (OTC Bulletin Board: XELR), a provider of functional foods, beverages and nutritional supplements, announced today that it has hired Kevin Sherman for the role of Vice President - Strategy and Network Development.

Sandy Greenberg, Chairman and CEO of XELR8 said, "We are excited to add Kevin's strong leadership and commitment to success to the XELR8 team. His experience in recruiting network partners, as well as implementing advanced sales training programs will have an immediate positive impact on the company's operations."

Prior to joining XELR8 Mr. Sherman achieved an impressive record of revenue enhancement and organizational development, most recently as Senior Manager - Network Development for the "Team Beachbody" division of Product Partners, LLC. Product Partners was listed in Entrepreneur Magazine's 500 Fastest Growing Businesses in America with current sales over $300 million a year.

Mr. Sherman, along with his team at Product Partners, implemented various strategies and initiatives that drove two-fold growth in distributors in under a year's time. During his tenure he oversaw exponential growth in revenue and built a culture committed to excellence. It is this relentless commitment to excellence and growth that he now brings to XELR8 as the Vice President of Strategy and Network Development.

Mr. Sherman added, "I am convinced that XELR8 is destined to be the premier direct selling company in America. XELR8 possesses all of the key components required to act as a strong partner for the many individual distributors and customers who are facing uncertain economic times and a concern for their health. In the coming months we expect our continued focus on sales training and marketing materials to have a dramatic impa
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SOURCE XELR8 Holdings, Inc.
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