SOURCE: GTREX Capital, Inc.

May 21, 2007 09:28 ET

GTREX Capital Identifies Planned Travel Industry Acquisition

TEMECULA, CA -- (MARKET WIRE) -- May 21, 2007 -- GTREX Capital, Inc. (OTCBB: GRXI), a holding company with subsidiary operations in the travel distribution industry, today announced that the company has identified a potential acquisition that provides substantial synergies with GTREX Capital's existing subsidiary, Global Travel Exchange.

Consultant CEO Steve R. Peacock, speaking on behalf of GTREX Capital, recently outlined management's strategy to target and execute a major acquisition of a synergistic company in the travel industry. Mr. Peacock has extensive experience in seeking out and identifying emerging growth investment opportunities.

"We are extremely pleased to announce that we have identified a potential investment opportunity and that this acquisition target is the type of company that we expect will deliver long-term value to GTREX Capital and its shareholders," stated Mr. Peacock. "The fact that this company has significant synergies with Global Travel Exchange only adds to the value potential for GTREX shareholders."

"We look forward to completing the initial due diligence process with the targeted acquisition and providing additional information to our shareholders and the broader public markets shortly. Shareholders should monitor the company's upcoming announcements, since we remain committed to consistent communications with an emphasis on transparency as our acquisition strategy is executed," Mr. Peacock added.

GTREX Capital recently announced that Mr. Peacock will participate in an interview that will be posted with the company's profile on www.equitydigest.com. The topics anticipated to be addressed in the interview will be the targeted acquisition, the current structure of GTREX Capital, the status of its Global Travel Exchange subsidiary, plans to facilitate long-term growth in Global Travel Exchange, and expectations for long-term growth.

To subscribe to the company's email alert system and receive information directly from GTREX Capital whenever new press releases, investor newsletters, SEC filings, or other information is disclosed, including the posting of Mr. Peacock's upcoming interview, please visit http://www.gtrexcapital.com/investor.php.

About GTREX Capital, Inc.

GTREX Capital, Inc. (http://www.gtrexcapital.com) is a holding company with a subsidiary conducting 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 is in the process of identifying additional synergistic businesses in the travel distribution sector as potential acquisition targets.

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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