SOURCE: GTREX Capital, Inc.

March 03, 2008 11:26 ET

GTREX Capital Announces Management Interviews With TravelMole.TV Discussing the Green Globe Acquisition and the Business Strategy of Green Globe International, Inc.

CEO Steven R. Peacock and Dr. Terry De Lacy Are Interviewed and Sessions Posted to www.travelmole.tv

MURRIETA, CA--(Marketwire - March 3, 2008) - GTREX Capital, Inc. (OTCBB: GRXI), a holding company with subsidiary operations in the travel distribution industry, today announced that Director Terry De Lacy and Chief Executive Officer Steven R. Peacock have participated in interviews with TravelMole, the most highly acclaimed and largest global online community for the travel and tourism industry with over 450,000 registered travel and tourism professionals worldwide. Dr. De Lacy and Mr. Peacock were interviewed on Friday, February 29, 2008 in Los Angeles, California and video clips from the interviews have been posted at http://www.travelmole.tv/index.php.

In the interviews, Dr. De Lacy discusses some of the history of the Green Globe program and brand, as well as the importance of environmental responsibility for businesses, communities and countries. He describes how concerns over global climate change have grown in recent years and how Green Globe expects to focus considerable attention on providing solutions that help countries, communities, companies and consumers respond to climate change through the use of certain technologies.

In his interview, Mr. Peacock describes why GTREX Capital targeted the Green Globe brand for acquisition and how the company expected to grow the brand worldwide.

These interviews are the first in what are expected to be a series of media opportunities through TravelMole that will be undertaken by Green Globe International, Inc. The company has entered into a strategic alliance with TravelMole to broaden awareness for Green Globe International in the public markets and worldwide. Due to TravelMole's stature in the global travel and tourism industry, and specifically its effectiveness in reaching a large and diverse audience in this market, the company will utilize TravelMole in the areas of news distribution, news links, audio and video content, event sponsorships, high profile associations, mutual support, and brand visibility.

A Current Report on Form 8-K filed with the Securities and Exchange Commission on February 21, 2008 reported that the company 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. The company expects to purchase the remaining 15% of Green Globe, Ltd. (UK), which would be positioned as a wholly owned subsidiary of the company.

On Friday, February 29, 2008, a 14C Information Statement was filed by the company announcing shareholder approval of a proposal to change the company's name to Green Globe International, Inc.

Operating under the ownership of Green Globe International, the Green Globe brand is expected to expand its reach beyond its current affiliated organizations to additional applications in the travel and tourism market, as well as new potential applications in a variety of sectors. With Green Globe as its focus, the company's Global Travel Exchange subsidiary will be positioned to utilize its travel distribution technology in new business opportunities related to the Green Globe initiative. It will place a major focus on solutions that help countries, communities, companies and consumers respond to climate change.

"We are very pleased to have this opportunity to speak to the TravelMole audience and the public market community through these interviews," commented Mr. Peacock. "Green Globe has a long history as a global leader in sustainable tourism and environmentally responsible development, and it will be an important part of Green Globe International's business strategy to articulate how we will grow use of the brand worldwide and potentially apply it in entirely new applications."

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About GTREX Capital, Inc.

GTREX Capital, Inc. (http://www.gtrexcapital.com) 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.

Contact Information

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