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GTREX Capital Announces Definitive Agreement for Three Continent Marketing Agreement on Behalf of Global Travel Exchange's Global Cheque Card.

Publication: Business Wire
Publication Date: 04-AUG-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
ALISO VIEJO, Calif. -- GTREX Capital, Inc. (OTCBB:GRXI) today announced that its operating subsidiary, Global Travel Exchange, Inc., a leading provider of direct access travel distribution technology, has completed a definitive agreement with Worldwide Global Express, a Hong Kong corporation, for the marketing of the Global Cheque Card in North America, Asia and Europe. The first licensing fees are scheduled to be received by Global Travel Exchange by September 1, 2005.

Under terms of the agreement, Worldwide Global Express will provide the marketing and distribution for the Global Cheque Card, beginning in 7 countries in North America,...

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