Thursday, March 04, 2004 12:49:36 PM
IVGA Invicta Group Inc. Announces Airplan Revenues
Invicta Group Inc. Announces Airplan Revenues
.13X14 Airplan Revenues Increase 50%
MIAMI BEACH, Fla., March 4 /PRNewswire-FirstCall/ -- Invicta Group Inc.
(OTC Bulletin Board: IVGA) announces the revenues of its latest acquisition,
Airplan Inc., are 50% ahead of 2003 for the first two months of the year.
Revenues Jan 1 - Feb 29, 2004 were $2,384,587 versus $1,572,085 for the same
period in 2003.
Established in 1989, Airplan is a leading international Airline Ticket
Consolidator serving: Europe, Asia, the Middle East, Africa and Australasian
areas.
Invicta is currently negotiating new airline contacts to offer to its
Travel Agent customers in an effort to increase revenues and customer loyalty.
David Scott, COO, Invicta, stated: "It is our goal to offer discounted travel
products to Europe, Asia, South America, Australia, North America, Caribbean
and America's favorite travel destinations: Las Vegas, Orlando. We want to
position Airplan as a national leader in discounted travel worldwide."
Airplan Inc. is the second of a series of aggressive mergers and
acquisition initiatives the company will commence over the next year.
Invicta Group Inc. is a technology company that specializes in the Travel
and Entertainment Industries. The company has three divisions -- Travel:
engaged in offering airline tickets, hotel rooms, car rentals and other
travel-related products over the telephone and Internet
(www.dontpayfullfare.com); Entertainment: offering complimentary Casino
Resorts rooms, meals, and shows to qualified players at 30 casinos in N.
America and the Caribbean (www.casinoratedplayers.com); and Technology: IVGA
owns its own search engine: "on the fly faring." IVGA recently acquired ISIP
Telecom Group, Inc. (www.isiptelecom.com), which provides the ability to make
telephone calls worldwide via the Internet with clear reception at low rates.
ISIP Telecom will soon be offering its services to the travel industry, and
has already entered into interconnection agreements with major operators in
the U.S., Europe, and Latin America via VoIP and PSTN for traffic termination
and origination.
Except for the historical information contained herein, this press release
contains forward-looking statements that involve risks and uncertainties.
Actual results may differ materially from the results predicted and reported
results should not be considered an indication of future performance. In
addition to the factors discussed in the filings with the Securities and
Exchange Commission, among the other factors that could cause actual results
to differ materially are the following: adverse changes in the business
conditions and the general economy; competitive factors, such as rival
companies' pricing and marketing efforts; availability of third-party material
products at reasonable prices; the financial condition of the customer; risks
of obsolescence due to shifts in market demand; and litigation involving
product liabilities and consumer issues. Invicta Group Inc. cautions readers
not to place undue reliance upon any such forward-looking statements, which
speak only as of the date made. Invicta Group Inc. expressly disclaims any
obligations or undertaking to release publicly any updates or revisions to any
such statements to reflect any change in the company's expectations or any
change in events, conditions or circumstances on which any such statement is
based.
CONTACT: Invicta Group Inc., David Scott, 1-800-861-9492 or
dscott@invictatravelgroup.com
SOURCE Invicta Group Inc.
-0- 03/04/2004
/CONTACT: David Scott, Invicta Group Inc., +1-800-861-9492, or
dscott@invictatravelgroup.com/
/Web site: http://www.invictatravelgroup.com
http://www.dontpayfullfare.com /
(IVGA)
CO: Invicta Group Inc.; Airplan Inc.
ST: Florida
IN: CPR TLS OTC TRA
SU: ERN
*** end of story ***
Invicta Group Inc. Announces Airplan Revenues
.13X14 Airplan Revenues Increase 50%
MIAMI BEACH, Fla., March 4 /PRNewswire-FirstCall/ -- Invicta Group Inc.
(OTC Bulletin Board: IVGA) announces the revenues of its latest acquisition,
Airplan Inc., are 50% ahead of 2003 for the first two months of the year.
Revenues Jan 1 - Feb 29, 2004 were $2,384,587 versus $1,572,085 for the same
period in 2003.
Established in 1989, Airplan is a leading international Airline Ticket
Consolidator serving: Europe, Asia, the Middle East, Africa and Australasian
areas.
Invicta is currently negotiating new airline contacts to offer to its
Travel Agent customers in an effort to increase revenues and customer loyalty.
David Scott, COO, Invicta, stated: "It is our goal to offer discounted travel
products to Europe, Asia, South America, Australia, North America, Caribbean
and America's favorite travel destinations: Las Vegas, Orlando. We want to
position Airplan as a national leader in discounted travel worldwide."
Airplan Inc. is the second of a series of aggressive mergers and
acquisition initiatives the company will commence over the next year.
Invicta Group Inc. is a technology company that specializes in the Travel
and Entertainment Industries. The company has three divisions -- Travel:
engaged in offering airline tickets, hotel rooms, car rentals and other
travel-related products over the telephone and Internet
(www.dontpayfullfare.com); Entertainment: offering complimentary Casino
Resorts rooms, meals, and shows to qualified players at 30 casinos in N.
America and the Caribbean (www.casinoratedplayers.com); and Technology: IVGA
owns its own search engine: "on the fly faring." IVGA recently acquired ISIP
Telecom Group, Inc. (www.isiptelecom.com), which provides the ability to make
telephone calls worldwide via the Internet with clear reception at low rates.
ISIP Telecom will soon be offering its services to the travel industry, and
has already entered into interconnection agreements with major operators in
the U.S., Europe, and Latin America via VoIP and PSTN for traffic termination
and origination.
Except for the historical information contained herein, this press release
contains forward-looking statements that involve risks and uncertainties.
Actual results may differ materially from the results predicted and reported
results should not be considered an indication of future performance. In
addition to the factors discussed in the filings with the Securities and
Exchange Commission, among the other factors that could cause actual results
to differ materially are the following: adverse changes in the business
conditions and the general economy; competitive factors, such as rival
companies' pricing and marketing efforts; availability of third-party material
products at reasonable prices; the financial condition of the customer; risks
of obsolescence due to shifts in market demand; and litigation involving
product liabilities and consumer issues. Invicta Group Inc. cautions readers
not to place undue reliance upon any such forward-looking statements, which
speak only as of the date made. Invicta Group Inc. expressly disclaims any
obligations or undertaking to release publicly any updates or revisions to any
such statements to reflect any change in the company's expectations or any
change in events, conditions or circumstances on which any such statement is
based.
CONTACT: Invicta Group Inc., David Scott, 1-800-861-9492 or
dscott@invictatravelgroup.com
SOURCE Invicta Group Inc.
-0- 03/04/2004
/CONTACT: David Scott, Invicta Group Inc., +1-800-861-9492, or
dscott@invictatravelgroup.com/
/Web site: http://www.invictatravelgroup.com
http://www.dontpayfullfare.com /
(IVGA)
CO: Invicta Group Inc.; Airplan Inc.
ST: Florida
IN: CPR TLS OTC TRA
SU: ERN
*** end of story ***
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