SOURCE: Travelstar, Inc

August 08, 2008 08:09 ET

Travelstar and World-Renowned LifeSuccess Teacher Bob Proctor Announce Travel Industry Joint Venture

Proctor to Create Exclusive Travelstar Training Programs for Travel Entrepreneurs Worldwide

ALISO VIEJO, CA--(Marketwire - August 8, 2008) - Travelstar, Inc., (PINKSHEETS: TVLS) one of the nation's fastest growing travel networks (www.travelstar.com) and LifeSuccess Productions (www.bobproctor.com) today announced their new joint partnership providing for the first time Proctor's widely recognized teachings of the mind to travel industry entrepreneurs worldwide.

Under the terms of the agreement, Proctor will develop exclusive training content, travel products and marketing material under the Travelstar brand for the Company's network of professional agents and online affiliates.

Mr. Proctor will create a New Travelstar Affiliate Training Program and offer ongoing educational support to Travelstar agents and affiliates through weekly webinars and live web casts. Additionally, he and his LifeSuccess team will work with Travelstar's cruise and vacation experts to develop Travelstar "learning vacations" at various destinations and on select cruises around the world.

Travelstar's Chairman and CEO Bill Alverson commented on the new partnership, " We are thrilled and honored to be able to work with Mr. Proctor and his team of LifeSuccess experts to better the lives of travel industry entrepreneurs worldwide. We are especially excited about developing a portfolio of experiential travel products. They represent a unique opportunity for travelers desiring to learn the secret to success in all aspects of their lives."

For over 40 years, Proctor, the Founder and CEO of LifeSuccess Productions and a teacher in "The Secret," has taught individuals and Fortune 500 companies how to apply the conscious, cognitive mind to recognize and overcome subconscious emotions and life patterns that have blocked success.

"Travelstar is the premier host travel agency in the travel industry with the most innovative programs," said LifeSuccess Founder Bob Proctor. "We share a common vision, and a partnership with Travelstar, by offering our coaching and mentoring to its thousands of affiliates worldwide. It is a natural fit."

About Travelstar

Travelstar is one of the largest fastest growing travel networks in the nation and leading seller of cruises and vacations. Since its launch in 2004, sales have grown from $500,000 to $80 million in 2007. Through its families of brands (Travelstar.com, Joystar.com, VacationCompare.com, and Starlight Vacations) the Company helps people plan perfect vacations. In addition to Company owned and operated brands, Travelstar is a partner to thousands of travel agencies and online affiliates. The Company's goal is to be the largest, most profitable seller of complex leisure travel in the world and partner to the most successful entrepreneurs in the industry.

About Bob Proctor

Bob Proctor is an internationally acclaimed author, Master LifeSuccess Coach, Lecturer, Entrepreneur and Fortune 500 Success Trainer -- these are just a few of the many hats Bob successfully wears. Featured in the blockbuster hit, "The Secret," Proctor has worked in the area of the power and potential of the mind for over 40 years. He is the founder of the LifeSuccess group of companies dedicated to improving the life success of individuals and businesses by providing personal coaching programs as well as offering services for youth, health & wellness, book publishing and much more.

Proctor is well known in the business community for his work over the years with Fortune 500 companies such as General Foods, Malaysia Airlines, Prudential, Remax and others. In addition to helping thousands of individuals find prosperity in all aspects of their lives, his coaching and programs with businesses have helped CEOs define their vision and strategies and salespeople to achieve their highest-ever results.

"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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