SOURCE: GTREX Capital, Inc.

March 05, 2008 09:00 ET

GTREX Capital Announces Management Meetings to Chart Company's Future Direction as Green Globe International, Inc., Owner of the Green Globe Brand

Director Terry De Lacy Joins CEO Steven R. Peacock and Chairman Gary Nerison as Plans Are Made to Increase Worldwide Use of the Green Globe Brand

MURRIETA, CA--(Marketwire - March 5, 2008) - GTREX Capital, Inc. (OTCBB: GRXI), which recently acquired 85% of Green Globe, Ltd., a British company that owns the Green Globe brand, today announced that Director Terry De Lacy traveled to the United States to meet with management of the company, including Chairman Gary Nerison, Chief Executive Officer Steven R. Peacock and consultant Gary L. Halverson, to discuss details of the plan to broaden use of the Green Globe brand in international markets and effectively couple opportunities presented by the Green Globe brand and the company's current operating subsidiary, Global Travel Exchange.

Dr. De Lacy arrived in Los Angeles on Friday, February 29, 2008 where he sat for an interview with TravelMole, which is now available on the TravelMole website at He then traveled to the company's corporate office in Murrieta, California, where he met with members of the Board of Directors, senior management and consultants to review details of the completed acquisition and plans to make the Green Globe standards and brand available to a larger number of businesses.

Originally established in 1992, the Green Globe logo is currently marketed by organizations that have entered into joint ventures and/or licensing agreements with Green Globe, Ltd. (UK) to use the Green Globe brand for hotels, resorts and other tourism destinations that meet certain specific benchmarks for sustainability.

Under the ownership of GTREX Capital, which has announced plans to change its name to Green Globe International, Inc., Green Globe is expected to expand the reach of the brand beyond its current affiliated organizations to additional applications both inside and outside the travel and tourism market.

During the meetings, management discussed the integration of recently purchased sustainability portal technologies, which are expected to be utilized by GTREX Capital's Global Travel Exchange subsidiary to apply to its travel distribution technology in new global business opportunities. The portal technologies have been developed into an application that is expected to increase travel, rather than simply taking market share from traditional distribution channels. It will focus on aspects concerning climate care and responsible travel. Additional information on the portal technology and how it will be applied in conjunction with Global Travel Exchange's technology is expected to be provided to shareholders and the public markets in the near term.

"It was a very great pleasure to host Dr. De Lacy during his visit, and his insight was a great asset to our discussions regarding the future of the Green Globe brand," stated Mr. Peacock. "Dr. De Lacy's experience and expertise give him a unique perspective as to the actions that companies, communities and governments must consider in response to both environmental concerns and as a response to global climate change. We expect Green Globe to become a leader in both areas, and management was able to make significant progress during our recent planning sessions."

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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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