SOURCE: Invicta Group Inc.

April 16, 2008 10:02 ET

Invicta Group Inc. Announces Annual Financials and 10K Filing

FT LAUDERDALE, FL--(Marketwire - April 16, 2008) - Invicta Group Inc. (OTCBB: IVIT) announced today the company has filed its 2007 year end financial results and their 10K.

Invicta generated revenues of $70,244 in 2007 compared to $138,823 for the year 2006. Invicta's revenue decrease is due to the company's ongoing losses and lack of working capital for marketing and sales staff.

Invicta's operating losses were $866,492 for the year 2007, the company incurred additional losses in 2007 of $353,726 in interest and asset impairment charges; resulting in a total loss of $1,220,218.

Invicta's management is developing a new business plan that will generate working capital, increase revenues and broaden its media products. The company has hired a Director of Sales that has built companies, as an entrepreneur, in the media industry; his goal is to increase revenues immediately.

INVICTA GROUP INC. is an Internet Media Company that specializes in the Travel and Entertainment Industry. The company has a subsidiary that uses the Internet as their media to generate revenues: Travel Hot Link sells its Internet database of 40 million travel enthusiasts to Travel Suppliers that want to promote their discounted travel products: airline tickets, hotel rooms, tour packages, cruise cabins on the Internet 24/7.

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