SOURCE: GTREX Capital, Inc.

February 27, 2008 09:26 ET

GTREX Capital Announces Consulting Agreement and Acquisition of Intellectual Property Rights From Sustainable Tourism Development International

GTREX Capital Acquires Rights to Green Products Related to Sustainable Tourism and Climate Sensitive Green Standards

MURRIETA, CA--(Marketwire - February 27, 2008) - GTREX Capital, Inc. (OTCBB: GRXI), a holding company with subsidiary operations in the travel distribution industry, today announced that the company has entered into a three-year consulting agreement with Sustainable Tourism Development International Pty Ltd. (STDI), an Australian company that has designed and developed sustainability portal technologies services related to travel and tourism, as well as the means of undertaking carbon measurement for travelers, firms and destinations and developing climate sensitive policies, strategies and actions for companies and destinations.

A recently filed Form 8-K reported that GTREX Capital has purchased a total of 85% Green Globe, Ltd. (U.K.) through a securities purchase and share exchange agreement with two principal shareholders and one minority shareholder. GTREX Capital expects to purchase the remaining 15% of Green Globe, Ltd. (UK), which would be positioned as a wholly owned subsidiary of GTREX Capital, Inc.

The sustainability portal technologies purchased from STDI are expected to be utilized by GTREX Capital's Global Travel Exchange subsidiary to apply to its travel distribution technology in new business opportunities related to the Green Globe initiative. Since a significant focus of Green Globe's program will be oriented toward solutions that help countries, communities, companies and consumers respond to climate change, the purchase of intellectual property rights are directly tied to the start up of a new Global Travel Exchange initiative that will utilize certain of these intellectual properties.

STDI, with its expertise in sustainability and climate science, is considered by GTREX Capital a highly valuable resource for consulting regarding marketing and promoting newly developed products and technologies to countless tourism stakeholders around the world, and for discovering new business opportunities, which contribute to the mission and goals of GTREX and its Green Globe, Ltd. subsidiary.

Over the last 15 years, this green movement has spread around the entire world and has become known as sustainable development. During this period, the concept of "triple bottom line" sustainable development has emerged -- covering environment, economic and social elements. However, during the past 2 years, the entire field has shifted to add a fourth element -- climate change. This thinking has become a mainstream component of government policy and regulation at a global, national and local level. It has also become the core component of corporate social responsibility.

A key element in this new global approach is the role of the United Nations World Tourism Organization (UNWTO) and its climate, environment, ethics and poverty frameworks. Green Globe's programs, utilizing many of the intellectual properties acquired from STDI, as well as its consulting services, will reflect these approaches.

"We are very pleased to announce our consulting agreement with STDI, headed by our new Board member, Dr. Terry De Lacy," said Steven R. Peacock, interim president/chief executive officer of GTREX Capital. "Professor De Lacy and the team at STDI have considerable experience with products developed in the public sector and introduced into commercial applications, and we look forward to introducing the entire team and its services to our shareholders and the U.S. public markets."

"We intend to develop Green Globe as a world leader in technologies and related products that assist countries, communities, companies and consumers respond proactively to global climate change. STDI technologies are expected to provide many of the intellectual properties that will do just that," Mr. Peacock added.

Dr. De Lacy coordinated the development of the Green Globe programs, which are being used in over 50 countries to measure and encourage the sustainability performance of tourism businesses and destinations.

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About GTREX Capital, Inc.

GTREX Capital, Inc. ( is a holding company with subsidiaries conducting business in the travel industry. Global Travel Exchange, Inc., a GTREX Capital subsidiary, has launched its Voyager Network travel distribution platform, which provides a service that enables direct access to reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. GTREX Capital has just closed the acquisition of majority ownership of Green Globe, Ltd., a British company that owns the Green Globe brand, the premier international brand for travel, tourism and related businesses. With the acquisition of Green Globe, Ltd. (UK), the focus of the company will be the promotion and protection of the Green Globe brand and to expand its use by businesses, communities and other entities.

Safe Harbor Statement

This release contains forward-looking statements with respect to the results of operations and business of GTREX Capital, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

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