SHENZHEN, China, April 8 /PRNewswire-Asia/ -- 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 launch of its newly designed corporate website.
The new website will integrate the Company's three previous, separate ones (Classic, TRIPEASY, and Easytrip versions) into a single more integrated and streamlined platform. Accessible via http://www.cnutg.com , the website is a result of a year of research and development based on customer ratings and feedback. It offers comprehensive and timely travel information and services, including guaranteed low prices, high visual appeal, map support technology and easy payment functions. Additionally, new functionality such as the ability for customers to purchase cell phone minutes using the website should drive additional customers to the site.
The Company believes that with the website's rich feature set, value-added information and functionality, and the consolidation of its three separate sites, it will be able to improve its service standards, resulting in increased loyalty and customer satisfaction. More importantly, the Company expects the net effect will be a higher level of customers satisfaction and improved profitability. It expects to achieve a 5% to 10% increase in its online revenue generated by its air-ticketing and hotel reservation businesses within one year.
"We are pleased to unveil our state-of-the-art, user-friendly website, which is in line with our goal to provide reliable and quality services through innovative technology," stated Ms. Jiangping Jiang, CEO of Universal Travel Group. "With the newly integrated website, booking vacations will be easier than ever for travelers."
China has surpassed the U.S. to become the world's largest internet-using population. However, the proportion of internet users among the total population is still lower than the global average, as well as the number of internet users that actually purchase tickets online, which presents a significant opportunity for Universal Travel Group. The new website along with the Company's developments with regards to its TRIPEASY Kiosks should result in a growing customer base, helping to drive its reputation as a leading travel service provider in the PRC.
Along with the launch of its newly designed website, the Company is also launching an improved investor relations website, http://us.cnutg.com/. The newly improved investor relations website will provide timely company updates to the investment community and ensure better transparency and accessibility.
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://www.cnutg.com .
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.
For more information, please contact:
Company Contact:
Mr. Jing Xie
Chief Financial Officer
Universal Travel Group Inc.
Tel: +86-755-8366-8489
Email: 06@cnutg.cn
us.cnutg.com
Investor Relations Contact:
Mr. Crocker Coulson, President
CCG Investor Relations
Tel: +1-646-213-1915 (NY office) or
Mr. Gary Chin
Tel: +1-646-213-1909
Email: crocker.coulson@ccgir.com
Web: http://www.ccgirasia.com
