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chubby
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2004-09-22 10:23:05


Invicta Group's Subsidiary, Airplan Inc, August Revenues Increase 18.52%; Year to date Increase 58.9%


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Business Editors MIAMI BEACH, Fla.--(BUSINESS WIRE)--IVGA-- Invicta Group Inc. (OTC BB:IVGA) is pleased to announce the August 2004 revenues of subsidiary Airplan Inc. are 18.52 % ahead of August 2003. Revenues for August 2004 were $783,905 versus August 2003 revenues of $661,415. Airplan's revenues for year to date March thru August 2004 are $7,727,531, which was an increase of 58.9% for the same period 2003. Airplan is an international Airline Ticket Consolidator serving: Europe, Asia, The Middle East, Africa, South America and Australasian areas. It is a B-2-B company that offers reservation service 24/7 online and a call center to handle personal requests from its 10,000 travel agent sales force. Invicta Group Inc. acquired Airplan on February 18, 2004. David Scott, COO of Invicta, states, "We are pleased with the growth of Airplan's revenues and are focusing on continued increase of revenues with more emphasis of online transactions. We have booked over $734,000 sales online since June 1, 2004. Invicta is investing in its technology in an effort to improve customer service and profitability." Invicta Group Inc. is a technology company that specializes in the Travel and Entertainment Industries. The company has the following three divisions: TRAVEL: offering airline tickets, hotel rooms, and car rentals on the Internet 24/7 through their B-2-C web site: www.dontpayfullfare.com; an international air consolidator offering non-published rates to travel agents on its B-2-B site: www.airplan.com; a Las Vegas tour operator offering travel and entertainment products for Las Vegas travelers: www.lasvegasexcitement.com; a cruise only company offering discounted cruises: www.cruiseexcitement.com; and a Caribbean tour operator: www.caribbeanexcitement.com offering packages to the Caribbean. ENTERTAINMENT: offering complimentary Casino Resort rooms, meals, and shows to qualified players at 30 casinos in North America and the Caribbean through our web site located at www.casinoratedplayers.com. TECHNOLOGY: IVGA owns its own search engine, "on the fly faring." In addition, it owns ISIP Telecom Group, Inc., a VoIP company that provides the ability to make telephone calls worldwide via the Internet with clear reception at low rates: www.isiptelecom.com 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. 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. KEYWORD: FLORIDA INDUSTRY KEYWORD: TRAVEL TRANSPORTATION SOFTWARE HARDWARE GAMING SOURCE: Invicta Group Inc. CONTACT INFORMATION: Invicta Group Inc. David Scott, 305-866-6525 dscott@invictatravelgroup.com


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