MERIDIAN, ID--(Marketwire - May 16, 2008) - RxElite, Inc. (OTCBB: RXEI), a developer, manufacturer, and marketer of specialty generic prescription drug products, today announced it will file a Form 12b-25 with the Security and Exchange Commission for an automatic five-day extension to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. The Company requires additional time to complete certain statements and expects to report its 2008 First Quarter financial results on Monday, May 19, 2008.