ALISO VIEJO, Calif., April 12, 2005 (PRIMEZONE) -- GTREX Capital, Inc. (OTCBB:GRXI) today identified the company's goals for presenting its Global Travel Exchange at the Cinapsys Microcap Conference on April 16, 2005, at the Sutton Place Hotel in Newport Beach, California. Attendees at the conference are expected to include public company executives, investment bankers, exchange representatives, service providers, and Wall Street professionals.
Chris Berlandier, CEO of GTREX Capital commented, "Attendance at this event is part of our comprehensive strategy to increase awareness of GTREX and communicate the company's story to a broader audience in the investment community. We have taken the first steps to set forth the strategic plan and general business strategy for GTREX, but our awareness program is multi-faceted and is designed to make both the public markets and travel industry professionals aware of the tremendous opportunities presented by Global Travel Exchange."
Global Travel Exchange recently launched its "Voyager Network", the company's comprehensive direct connection distribution platform. The Voyager Network enables lower cost connections directly between suppliers and buyers within the travel industry.
"Global Travel Exchange and its Voyager Network Distribution Platform are prepared to save distribution costs for air, cruise, hotel, car rental and other travel suppliers while providing efficient service to major customers through direct connectivity. The already immense online distribution of travel inventory is projected to grow 39% by 2007, and this is an opportunity that we look forward to presenting to conference participants," added Mr. Berlandier.
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.
Its initial portfolio investment, Global Travel Exchange, Inc., provides a service that enables direct access to 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.
For more information about the conference visit: http://www.cinapsys.com/microcap/index.htm.