SOURCE: Invicta Group Inc.

July 15, 2008 09:30 ET

Invicta Group Inc. Reduces Liabilities by Over $ 1,000,000

Organic Growth and Acquisitions to Fuel Growth of Company

CHICAGO, IL--(Marketwire - July 15, 2008) - Invicta Group Inc. (OTCBB: IVIT) has reduced a significant amount of debt and increased assets from the recent deal with IMAGE Worldwide, Inc. www.IMAGEworldwide.com (PINKSHEETS: IMGW).

The deal restructured most of Invicta's liabilities while adding assets to the balance sheet. We have eliminated the accrued compensation of $217,754 and over $1,250,000 of accounts payables and accrued liabilities have been terminated.

New CEO for Invicta Paul Sorkin said, "We are very pleased with the improvement of our balance sheet for Invicta moving forward this year. The deal between IMAGE Worldwide and Invicta is an incredible opportunity for both companies to help cross market, cross sell, reduce overhead, and increase revenue."

Both Invicta and IMAGE will continue to increase revenues through new advertising contracts as well as the renewal of previous contracts while exploring potential acquisitions to help fuel growth. Sorkin also said, "Over the next few weeks, we expect to announce several more advertising contracts that will continue to improve our bottom line. We are also actively seeking acquisitions of businesses that are synergistic with our business plan."

About IMAGE Worldwide, Inc.

IMAGE Worldwide, Inc. (PINKSHEETS: IMGW) is a full service interactive multimedia marketing and advertising agency. IMAGE is vertically integrated with properties including a concert/nightclub venue, fashion/entertainment magazine, high-end direct mailing book, IT solutions company, along with other promotional and marketing companies. IMAGE utilizes a combination of different forms of media and promotions to help clients showcase and market their IMAGE in print, internet, event planning, radio, and TV.

About Invicta Group, Inc.

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 links travel enthusiasts with products to fulfill their travel and entertainment needs. Travel Hot Link sells its Internet database of 25 million travel enthusiasts to Travel Suppliers that want to promote their discounted travel products: airline tickets, hotel rooms, tour packages, rental cars, cruise cabins, and more on the Internet 24/7. There are over 50 websites but the main 5 are: www.Travelhotlink.com, www.Cruisehotlink.com, www.Airhotlink.com, www.Hotelhotlink.net, and www.Autohotlink.com.


This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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