SOURCE: Elleipsis Global Travel Solutions, Inc.

June 25, 2008 08:40 ET

Elleipsis Global Travel Solutions and the Vacation Company Ink Deal for International Travel Booking Agreement

Elleipsis' Reservation and Booking Technology to Power Extensive Network of International Travel Sites

LAS VEGAS, NV--(Marketwire - June 25, 2008) - Elleipsis Global Travel Solutions, Inc. (PINKSHEETS: EGTS), through its wholly owned subsidiary, Elleipsis, Inc., announced today a deal to provide its TravelTalk® travel booking solution to The Vacation Company, an international travel agency catering to premier all-inclusive destinations throughout the world, such as Club Med, Sandals, Beaches, SuperClubs, and Costa Cruises. Elleipsis' TravelTalk® is an industry-leading travel reservation and booking solution that simplifies the airfare search and booking process, enabling easy and secure transactions for online travel agencies. Aligned for the global travel markets, TravelTalk® is available in several international languages, and can facilitate transactions in foreign currencies.

The Vacation Company has developed an extensive network of international travel sites, including, offering tour packages to all-inclusive resorts such as Breezes, Hedonism, Starfish and Grand Lido;, offering Club Med Vacation Resort packages and all-inclusive Caribbean vacations;, specializing in European vacations, China, North and South America; and, catering to Karisma all-inclusive resorts.

"Elleipsis' access to the GDS and other discount fares allows us to offer amazing deals to our global network of travelers," said Charles Azoulay, Founder of The Vacation Company. "We specialize in hassle-free all-inclusive packages to international consumers who expect great service and value. Elleipsis' travel booking solution and global commerce capabilities will serve as an integral piece to our value proposition."

Elleipsis, which secures travel fares through its agreements with the major Global Distribution Systems (GDS), including Amadeus, Sabre and Galileo as well as international consolidators, is also able to offer previously unpublished "net" airfares to clients such as The Travel Company.

About Elleipsis

Elleipsis' TravelTalk® technology facilitates travel industry commerce by enabling travel agents and travel industry suppliers to connect clients to the world's largest electronic Global Distribution Systems plus additional travel offerings from other independent providers. The company offers travel solutions based on its TravelTalk® Suite of Business products, which include TravelTalk® Portal, TravelTalk® Connect, and TravelTalk® Dynamic.

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Cautionary Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Elleipsis Global Travel Solutions, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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