SOURCE: GTREX Capital, Inc.

March 07, 2008 12:38 ET

GTREX Capital Releases March 2008 Newsletter Reviewing Acquisition of Green Globe Brand, the Premier Global Brand for Sustainable Travel, Tourism and Related Businesses

MURRIETA, CA--(Marketwire - March 7, 2008) - GTREX Capital, Inc. (OTCBB: GRXI), which recently acquired 85% of Green Globe, Ltd., a British company that owns the Green Globe brand, today released the March 2008 edition of its investor newsletter, which features recent news regarding the acquisition of Green Globe, the premier international brand for sustainable travel, tourism and related businesses. The newsletter includes articles on the acquisition itself, the appointment of new company directors, majority shareholder approval of a new name for the company, plans to restructure the company's capital stock, and a greeting from CEO Steven R. Peacock.

The March 2008 newsletter can be viewed on the GTREX Capital website at http://www.gtrexcapital.com/newsletter.php, and a notice will be distributed to subscribers to the company's website-based mailing list.

In his greeting to shareholders, Mr. Peacock gives a detailed history of how the Green Globe opportunity was presented to the company and how the acquisition came together. Mr. Peacock also expresses management's enthusiasm for the potential of the Green Globe brand and Green Globe International as a public company.

"This has been an exciting time for the company, since we have successfully closed the acquisition of Green Globe, Ltd. of the United Kingdom and have begun positioning the company to foster additional worldwide growth for the Green Globe brand. By acquiring the premier global green brand sustainable travel and tourism, we have not only delivered an asset of incalculable potential value, we have also provided GTREX Capital's current operating subsidiary, Global Travel Exchange, with new business opportunities and applications within the travel and tourism industry," Mr. Peacock states.

He goes on to say, "Green Globe International also takes very seriously its ownership of the brand and will take all steps necessary to protect both the brand and its ownership of it. The Green Globe program has a long and distinguished history, dating back to 1994. The vast majority of other programs, which are mostly national in scope, were conceived within the last 5 years. Beyond the history of Green Globe, the standards upon which the program is based are unsurpassed in their detail and have significant academic research and scientific principles underpinning them.

"Needless to say, we are all very excited about the acquisition of the Green Globe brand and all of the opportunities that come with it. The coming weeks will bring additional details, including progress in expanding use of the brand in multiple applications. Now is the time to be associated with green businesses, sustainable development and proactive responses to global climate change, and Green Globe International will be front-and-center on all of these issues."

The newsletter also highlights the appointment of Geoffrey Lipman and Terry De Lacy to the company's Board of Directors and includes their respective biographical information.

A new Green Globe International website is planned to launch shortly, and shareholders who wish to receive alerts whenever new documents, including monthly newsletters, are released by the company are encouraged to subscribe to the company's email alert system at http://www.gtrexcapital.com/investor.php. All mailing list contacts from the GTREX Capital website will be transferred to the Green Globe International website.

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

  • Contact:

    Gemini Financial Communications, Inc.
    A. Beyer
    951-677-8073
    Email Contact