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Universal Travel Group and TravelSky Technology Form Strategic Partnership
Universal Travel Group and TravelSky Technology Form Strategic Partnership

SHENZHEN, China and LOS ANGELES, Nov. 20 /PRNewswire-FirstCall/ -- Universal Travel Group ("Universal") , which, through its wholly owned subsidiary Yu Zhi Lu Aviation Service Company Ltd. ("YZL"), operates as a China-based aviation services company, announced today that the Company has formed a strategic partnership with TravelSky Technology Limited ("TravelSky"), an operating unit of China TravelSky Holding Company. TravelSky is the leading provider of information technology solutions for China's air travel and tourism industries. Under the terms of the agreement, TravelSky will provide a computerized service platform to YZL for management and processing of on/off line payment methods, online booking for hotels, and online airplane ticket booking services. The partnership allows the Company access to over 3,000 Chinese and foreign hotels in TravelSky's network for the benefit of Universal's customers.

Jiangping Jiang, CEO of Universal Travel Group, said, "The agreement with TravelSky is a boon to both the Company and our customers. The Company can immediately improve the bottom-line by consolidating the reservation and payment administration through a centralized IT infrastructure. The business and commercial traveler benefits from having over 3,000 hotels to choose from for their accommodations. I look forward to a long-term relationship with TravelSky. I anticipate this agreement will benefit our shareholders in the near- and long-term."

About Universal Travel Group

Universal Travel Group, through its wholly owned subsidiary, Yu Zhi Lu Aviation Service Company Ltd. ("YZL"), is engaged in travel services pertaining to domestic and international lines through Hong Kong, Macau, and Taiwan. The Company's core services include dynamic booking for air tickets, hotels, and restaurants, as well as tour routing for customers. For more information, visit http://www.chutg.com/ or http://www.otcfn.com/utvg.

The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

At the Company: Universal Travel Group Jacalyn Guo Investor Relations (310) 443-4151 jacalyn@chutg.comhttp://www.chutg.com/ Investor Relations: OTC Financial Network Peter Clark Investor Relations 781-444-6100, x629 peter@otcfn.comhttp://www.otcfn.com/utvg

Universal Travel Group

CONTACT: Jacalyn Guo of Universal Travel Group, +1-310-443-4151,
jacalyn@chutg.com; or Peter Clark of OTC Financial Network, +1-781-444-6100,
ext. 629, peter@otcfn.com

Web site: http://www.otcfn.com/utvg

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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