SOURCE: Travelstar, Inc.

October 09, 2007 10:07 ET

Travelstar Announces New President

AVENTURA, FL--(Marketwire - October 9, 2007) - Travelstar (OTCBB: TVLS) today announced the appointment of Larry Fishkin as President. Mr. Fishkin, a 35-year veteran of the travel industry, was the founder of The Cruise Line, Inc., one of the top cruise agencies in the nation when it was acquired by Travel Services International.

Over the past three decades, Mr. Fishkin has been involved in all aspects of the travel industry. He has served on the advisory boards of several cruise lines including Royal Caribbean, Princess, Cunard, and Disney.

"I am honored to become part of the cutting edge with one of the fastest growing companies in our industry. My directive is to create incremental volume for our cruise and vacation partners," Fishkin commented.

"We have a multi-faceted plan to grow our business through an ongoing stream of advertising and promotional initiatives similar to our sponsorship of Wheel of Fortune. We will also develop comprehensive educational and training programs designed to increase the individual production and professionalism of the agents in the Joystar Travel Network," he added.

William M. Alverson, Travelstar Chairman and CEO, commented, "We're delighted to have a professional of Larry's caliber join the team. He brings a wealth of knowledge and experience to Travelstar and we will look to him to guide the Company to the next level. Larry is a travel agent's travel agent. Our network of agents will benefit greatly from his passion for selling travel and his commitment to training and education."

Mr. Fishkin will oversee all day to day operations of the Joystar Travel Network as well as The Company's consumer brands including VacationCompare.com and Travelstar.com. He will also oversee the continuing development of Starlight Vacations, Travelstar's wholesale division and Specialty Themed Cruises division.

About Travelstar, Inc.

Travelstar, Inc., and its family of brands (www.joystar.com, www.vacationcompare.com, www.travelstar.com, www.starlightvacations.com), is the one of the nation's largest and fastest-growing leisure travel agency networks and a leading seller of cruises and vacation packages. In addition to our Company owned and operated brands, we also sell through thousands of private label brands. In just 3 years, we have grown to over 4,000 agents in our network and we continue to grow by approximately 300 new agents every month. Our innovative businesses have allowed Travelstar to grow from $500,000 in sales in 2004 to run rate of over $100 million in 2007. We aim to be the largest, most profitable seller of complex leisure travel in the world and partner to the most successful travel agencies in the industry.

"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. Travelstar, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by Travelstar, Inc. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, and (iii) obtain additional financing, changes in general economic and business conditions (including in the online business and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, risks in connection with acquisitions, the time and expense involved in such development activities, the level of demand and market acceptance of our services and changes in our business strategies.

Additionally, forward-looking statements concerning the performance of the travel and leisure industry are based on current market conditions and risks, which may change as the result of certain regulatory, political or economic events, a shift in consumer travel preferences, as well as those risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, which could cause actual events or results to differ materially from the events described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.

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