SOURCE: Invicta Group Inc.

April 12, 2007 12:49 ET

Invicta Group Inc.: Annual Revenues Up 400%; Annual Losses Down 53%

FT. LAUDERDALE, FL -- (MARKET WIRE) -- April 12, 2007 --Invicta Group Inc. (OTCBB: IVGR) announced today the year end financial results and filing of their 10K.

Invicta generated net revenues of $402,185 in 2006 compared to $94,334 for year end 2005. Invicta's revenue increase is due to the company's new subsidiary, Travel Hot Link, earning revenues from Internet Media Advertising to its database of Travel Enthusiasts.

Invicta's operating losses shrunk to $366,850 plus a one-time Beneficial Interest charge of $103,250, totaling $470,100 for the year 2006 compared to the same period losses in 2005 totaling $993,831. The loss per share for 2005 was ($.497) compared to 2006 loss per share ($.053).

The fourth quarter revenues for 2006 were $195,584 versus $444 for the same period in 2005; 4th quarter losses for 2006 were $83,208 compared to 4th Quarter losses in 2005 totaling $276,262

Invicta's management continues to seek to grow revenues and reduce losses, and focus on generating a profit in the near future.

Invicta Group Inc. is an Internet Media Company that specializes in the Travel Industry. The company offers an Internet database of 40 million travel enthusiasts discounted travel products: airline tickets, hotel rooms, tour packages, cruise cabins and car rentals on the Internet 24/7 through their B-2-C web site known as www.travelhotlink.com

Contact Information