SOURCE: CIBT Global Holdings, Inc.

September 04, 2007 13:14 ET

CIBT, Inc. Announces Acquisition of Second German Visa Expediting Service

MCLEAN, VA--(Marketwire - September 4, 2007) - CIBT, Inc. announced today that its wholly owned German subsidiary CIBT Visum Centrale (www.visum-centrale.com) has acquired Visum Direkt, a leading provider of expedited travel visas to the corporate and leisure travel market. Headquartered in Bonn, Visum Direkt also has an office in Berlin. The company will be re-branded under the CIBT Visum Centrale name and will operate from CIBT's current offices in Bonn, Berlin, Frankfurt and Munich. CIBT, Inc. is the world's largest visa and passport expeditor. CIBT has offices throughout the United States, Canada, the United Kingdom, the Netherlands, Germany, France, Belgium, Sweden, Denmark, and Australia.

CIBT's acquisition of Visum Direkt will help the company meet the growing demand by German travelers for expedited processing of their visa applications. "By acquiring Visum Direkt, CIBT is able to add experienced staff and processing volume to its expanding operation in Germany," said CIBT President and CEO Jeffrey Fine. "CIBT is creating the first one-stop consular service in Europe ensuring that corporate and leisure travelers receive consistent visa application support services across multiple countries."

Fine added that "the acquisition of Visum Direkt adds to CIBT's operational footprint in Europe, enabling the company to extend service to many of its large multinational clients operating in Germany. With a staff of over 60 professionals, CIBT Visum Centrale is the largest consular service in Germany."

About CIBT, Inc.

CIBT, Inc. and its subsidiaries provide comprehensive visa and passport requirements and support as well as other international document processing on behalf of travel management companies, corporations, government agencies, tour operators, cruise lines, airlines, and international relief organizations. The Company's broad coverage across the United States, Canada, Western Europe, and Australia enables it to provide prompt, secure travel document processing. CIBT invests in technology and customer service to reduce the time and cost associated with obtaining visas and passports from the issuing authority. For more information about CIBT, please visit www.cibt.com.

CIBT is a registered trademark of CIBT, Incorporated.

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