NEW YORK, May 11, 2004 (PRIMEZONE) -- GTREX, Inc. (OTCBB:GRXI) announced today that it will power its distribution system from initiation with Java technology. The Java technology is an open platform for network computing that has proven itself for reducing the costs and complexity of developing applications, speeding time to deployment and providing flexibility and modularity in programming.
"There were several reasons for choosing the Java platform," stated GTREX's Co-founder and Architect, Christopher Berlandier, including "its' consistent reliability and maximum flexibility." He added, "The broad industry acceptance that Sun Microsystems (Nasdaq:SUNW) Java has enjoyed made it an easy choice when considering options for our development platform."
About GTREX
GTREX is a Global Distribution System (GDS) enabling direct access to reservation systems of major travel suppliers -- airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. Unlike other GDS's, GTREX searches for the availability and price for the itinerary suggested by the buyer over all direct connected suppliers and GDS's and presents the results in an easy to understand format. Existing GDS services do not present information from suppliers that are not part of their system. Besides improved brand and revenue management, suppliers save distribution costs while providing efficient service to major customers through a direct connection.
"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the Company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of GTREX, Inc. to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in GTREX's periodic reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and GTREX assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and or services, inability to deliver products and or services when ordered, inability of potential customers to pay for ordered products and or services, and political and economic risks inherent in international trade.