SOURCE: GTREX Capital, Inc.

May 23, 2007 09:22 ET

GTREX Capital Announces TOURCO as Client for First-Released Direct Connect Travel Distribution Solution Through Its Voyager Network

TEMECULA, CA -- (MARKET WIRE) -- May 23, 2007 -- GTREX Capital, Inc. (OTCBB: GRXI), a holding company with subsidiaries doing business in the travel industry, today announced that its first completed "direct connect" solution is in place for TOURCO, a leading tour operator in the eastern United States and Canada. TOURCO's customers can now access travel inventory using XML via OTA (Open Travel Alliance) specifications within Global Travel Exchange's Voyager Network travel distribution platform.

Voyager Network is a more efficient and cost-effective connection between customers and the tour company, which includes packages and accommodations. Voyager Network's direct connect solution offers vastly improved services while reducing distribution costs for the supplier.

For 25 years, TOURCO has been the specialist in travel to the eastern United States and Canada, providing fly/drive tours, coach tours, hotels, inns, bed and breakfasts and services. TOURCO's service spectrum includes scheduled-departure motor coach tours from Boston, New York, Washington DC, Atlanta, and Toronto, Canada; escorted motor coach series; preplanned Fly Drive programs; FIT hotels; city and resort stays; inn and character property programs; multilingual tours; golf programs; customized itineraries; meet and greet services; transfers; optional tour offerings and comprehensive passenger documents/guide books.

TOURCO was founded by Gerald DiPietro in 1980. Initially called Cape Cod Tour and Conference Associates, its primary tour product was Cape Cod destination tours. The company's successes led to increased demand for fully packaged New England programs. The company evolved into TOURCO in 1981. In 1988, TOURCO went global, marketing its Cape Cod and New England programs for individuals and groups to tour operators in Europe, Australia and South America. Today, with its headquarters in Nobleboro, Maryland and offices in Boston, New York, Philadelphia and Toronto, TOURCO's geographic expertise encompasses the South, Mid Atlantic, Eastern Canada, Canadian Maritimes, New York and New England. TOURCO's average annual operation includes more than 800 group tours, hosting in excess of 80,000 visitors (including 40,000 FIT passengers).

"We are extremely pleased to have a company of the quality of TOURCO as the first tour based client for the Voyager Network travel distribution platform," stated Ron Lindsay, president of GTREX Capital and Global Travel Exchange. "TOURCO has been an excellent partner through the final development stage of the Voyager Network, and implementation has been made even easier by the professionalism and high standards of TOURCO's management and throughout the organization. We look forward to a long and successful relationship with TOURCO."

Mr. DiPietro, who serves as TOURCO's president, commented, "With the ability of XML TOURCO will unquestionably reach increased levels of demand and sales, while at the same time increasing our booking productivity. We are very excited about offering the benefits of XML to our customers."

Global Travel Exchange has developed and implemented several XML (Extensible Markup Language) interfaces, in accordance with OTA (Open Travel Alliance) specifications, to ensure a direct connection between the client and the suppliers of travel services. Global Travel Exchange translated the tour company's data to OTA-compliant XML as part of the preparations for the direct connection through Voyager. XML, a cross-platform software- and hardware-independent tool for storing and transmitting information, is becoming the standard method to communicate data between servers and between servers and browsers. Global Travel Exchange's high-quality direct connection provides clients with access to higher quality information, translating into more convenience for travelers and travel arrangers.

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About TOURCO

In 2000, TOURCO celebrated its 20th anniversary as the east coast's premier inbound specialist. TOURCO's existing portfolio of travel products includes fly drive tours, FIT and motorcoach tours, city packages, gateway services, FIT hotels and inns, resorts and character properties, escorted coach and minivan tours and cultural tours. TOURCO Territory, diverse and distinctive, comprises the American South, Mid-Atlantic and New England and Eastern and Maritime Canada, with more gateways than any other North American destination.

About GTREX Capital, Inc.

GTREX Capital, Inc. (http://www.gtrexcapital.com) is a holding company with subsidiaries doing business in the travel industry. Global Travel Exchange, Inc. (www.gtrex.com), 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 recently acquired all of the outstanding shares of Global Travel Partners, a Nevada corporation that owns 100% of AsiaWorld Travel Vancouver, Ltd., and Dominion Pacific Travel, two British Columbia-based travel companies.

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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