ALISO VIEJO, Calif., May 5, 2005 (PRIMEZONE) -- GTREX Capital, Inc. (OTCBB:GRXI) today announced that the May issue for 2005 has been released and will be available as a PDF file on the company website, www.gtrexcapital.com. A text-only version will be sent electronically through the company's email alert system later today.
Included in the May newsletter is a summary of chief executive officer Chris Berlandier's recent trip to Asia on behalf of portfolio investment Global Travel Exchange, where he made stops in both Singapore and India, meeting with business partners and potential clients. Mr. Berlandier continued the marketing of Global Travel Exchange's new Voyager Network distribution platform and discussed the potential of new data centers in the region, which are designed to offer a reservation system for Pacific Asian properties and a connection to travel suppliers. Mr. Berlandier's trip is expected to contribute to Global Travel Exchange's push into the forefront of the travel distribution industry.
This newsletter also focuses on the company's recent agreement to link a full e-commerce travel agent solution to its Voyager Network distribution platform. The customer interface will allow customers to easily connect through Voyager to purchase flight, car, tour and hotel packages.
Mr. Berlandier commented, "Global Travel Exchange has experienced several breakthroughs in the past month that we are excited to communicate to investors via our May newsletter. Global Travel Exchange is not only gaining exposure in the travel distribution market, but is also working hard to advance our Voyager Network's distribution system to accommodate more customers and provide a higher level of service. We intend to continue articulating the company's progress in reaching critical subsidiary operations milestones as well as investment growth for our portfolio."
Those interested in receiving future newsletters are encouraged to sign up for the company's email alert system that electronically the newsletters and other publicly disclosed material to subscribers. To subscribe, please visit www.gtrexcapital.com/investor.asp.
About GTREX Capital, Inc.
GTREX Capital, Inc. (http://www.gtrexcapital.com) is a Business Development Company pursuant to the Investment Company Act of 1940 whose core focus is to assemble an investment portfolio of investments into businesses related to the travel industry.
The Company's initial portfolio investment, Global Travel Exchange, Inc., has developed the Voyager Platform distribution network, which enables lower cost connections between travel buyers and the reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. Through a software solution that searches for the availability and price for the itinerary suggested by the buyer over all direct connected suppliers and existing Global Distribution Systems (GDS), Global Travel Exchange presents the results in an easy to understand format. Besides improved brand and revenue management, suppliers save distribution costs while providing efficient service to major customers through a direct connection. Global Travel Exchange is positioned to market its services through travel distribution partners, contributing to the expansion of the Company's marketing channels and expedite revenue growth.