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Universal Travel Group Inc. Appoints U.S. Based VP of Finance and Investor Relations

April 6, 2009

SHENZHEN, China, April 6 /PRNewswire-Asia-FirstCall/ — Universal Travel Group Inc. (OTC Bulletin Board: UTVL) (“Universal Travel Group” or the “Company”), a growing travel services provider in the People’s Republic of China (“PRC”) specializing in online and customer representative services to the travel service industry offering packaged tours, air ticketing, hotel reservation and air cargo agency services, today announced the appointment of Mr. David Liu to the position of VP of Finance and Investor Relations. Mr. Liu will be based in the U.S. to assist the CFO in managing investor relations for the Company.

Mr. Liu is fluent in both English and Chinese and has extensive experience in the financial services industry, as well as a strong network in both the U.S. and China investment communities. Prior to joining Universal Travel Group, Mr. Liu served as a Private Banker for J.P. Morgan Private Bank in New York. During his tenure with J.P. Morgan, Mr. Liu assisted clients and their IR firms to host promotional events to both institutional and individual investors. He also attended numerous China-focused investment conferences and established a vast network amongst U.S. listed Chinese companies. Prior to J.P. Morgan, Mr. Liu also worked in the market risk field at Deutsche Bank Securities Inc. in New York and obtained retail banking experience at Industrial and Commercial Bank of China in Deyang, China. Mr. Liu holds a MSBA in finance from Texas Tech University and a BS in Finance from Southwest University of Finance and Economics in Chengdu, China.

“I am very excited to begin a new stage in my career with Universal Travel Group, as the travel and leisure industry has an incredible amount of potential in China and the Company is at the forefront of its momentum,” commented Mr. Liu. “I will leverage my network and experience to illustrate the Company’s future development and great success to the investment community.”

“We are very pleased to have Mr. Liu join our team,” stated Ms. Jiangping Jiang, CEO of Universal Travel Group. “Mr. Liu’s solid financial background and wide investor network will further strengthen our communication with our shareholders and demonstrate our commitment to the investment community in the U.S. and China. With this valuable addition, the Company will be even more accessible and responsive, increasing operational transparency and efficiency,” added Ms. Jiang.

    Company Contact:
    Mr. David Liu
    VP of Finance and Investor Relations
    Universal Travel Group Inc.
    Address: 1230 Avenue of the Americas, 7th Floor
    New York, NY 10020
    Phone: +1-646-756-2666
    Fax: +1-646-756-2999
    Email: liudy@cnutg.com

About Universal Travel Group Inc.

Universal Travel Group, a growing travel services provider in the People’s Republic of China, is engaged in providing reservation, booking, and domestic and international travel and tourism services throughout the PRC via the internet and through customer representatives. Under the theme “Wings towards a more colorful life” the company’s core services include tour packaging for customers, booking services for air tickets and hotels as well as air cargo transportation. In 2007, Universal Travel Group completed the acquisitions of Speedy Dragon, specializing in air cargo transportation; Xi’an Golden Net, specializing in travel packaged tours; Shanghai LanBao, specializing in hotel reservation and Foshan Overseas International, a PRC-based company that handles domestic and international travel inquiries. Universal Travel’s goal is to become the PRC’s leading travel services provider in all fields of the tourism industry including the aviation, cargo, hotel booking and tour packaging segments. For more information about the company, please visit http://us.cnutg.com and http://www.cnutg.com for the service website.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains certain statements that may include “forward-looking statements” within the meaning of federal securities laws. All statements, other than statements of historical facts, included herein are “forward-looking statements”. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the Company’s ability to successfully expand its market presence and those discussed in the Company’s periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

       Company Contact:
         Mr. Jing Xie
         Chief Financial Officer
         Universal Travel Group Inc.
         Phone: +86-755-8366-8489
         Email: 06@cnutg.cn
         Web:   us.cnutg.com

        Investor Relations Contact:
         Mr. Crocker Coulson, President
         CCG Investor Relations
         Phone: +1-646-213-1915 (NY office)
         Email: crocker.coulson@ccgir.com

         Mr. Gary Chin
         CCG Investor Relations
         Phone: +1-646-213-1909
         Web:   www.ccgirasia.com

SOURCE Universal Travel Group Inc.


Source: newswire



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