GTREX Capital Announces Release of October 2005 Investor Newsletter

Business Wire, Oct 13, 2005

ALISO VIEJO, Calif. -- GTREX Capital Inc. (OTCBB:GRXI) today issued its October 2005 investor newsletter, which reviews many of the important events of the last month, with a particular focus on recent revenues that the company's wholly owned portfolio investment, Global Travel Exchange, has achieved in recent weeks. A text-only version of the newsletter is being e-mailed through the company's Web site-based mailing list, and a PDF version can be found on the company's Web site at www.gtrexcapital.com/newsletter.asp.

Included in the October 2005 issue are a number of events that have resulted from Chief Executive Officer Christopher Berlandier's multiple trips to Asia over the past several months. As a result of the support the company has provided to Global Travel Exchange and its expanding operations in the region, this portfolio investment has received a one-year contract from its marketing partner, Worldwide Global Express, to purchase 300,000 of its branded debit cards.

Even more significant to Global Travel Exchange's current revenue outlook, the company has received licensing fee revenue from Worldwide Global Express for the marketing of its debit card in three Asian countries.

"We have taken every opportunity recently to highlight the beginnings of revenue generation in our Global Travel Exchange portfolio investment, and many of the articles in this newsletter will remind readers how this revenue is being produced and how we expect it to grow in future months," commented Berlandier. "The numbers for the debit card initiative, when plugged into the growing marketing program undertaken by Worldwide Global Express, grow exponentially and represent the potential for millions of dollars of revenue to Global Travel Exchange on an annual basis."

During his travels to Asia, Berlandier assisted Global Travel Exchange in signing an agreement with Matrix Traveller Co. Ltd., a Thailand-based travel marketing company, to jointly expand operations into Southeast Asia. The two companies will distribute travel inventory to customers in Thailand and other Asian markets. The companies will share revenue derived from transaction fees, set-up fees, and license fees.

Global Travel Exchange has also announced a plan to develop travel service portals, allowing customers to book travel and other related services in business locations across Asia as part of its expansion into the region.

"Each of these developments are important for GTREX Capital and its operating subsidiary. We hope that shareholders that read our newsletter will become better informed in regards to how the company is increasing the value of its investment portfolio," added Berlandier.

To sign up to receive information by e-mail directly from GTREX Capital whenever new press releases, investor newsletters, SEC filings, or other information is disclosed, please visit http://www.gtrexcapital.com/investor.asp.

About GTREX Capital Inc.

GTREX Capital Inc. (http://www.gtrexcapital.com) is a Business Development Company pursuant to the Investment Company Act of 1940 whose core focus is to assemble an investment portfolio of investments into businesses related to the travel industry.

Its initial portfolio investment, Global Travel Exchange Inc., has launched its Voyager Network travel distribution platform, which provides a service that enables direct access to reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. Through the Voyager Network searches for the availability and price for the itinerary suggested by the buyer over all direct connected suppliers and existing Global Distribution Systems (GDS), Global Travel Exchange presents the results in an easy-to-understand format. Besides improved brand and revenue management, suppliers save distribution costs while providing efficient service to major customers through a direct connection. Global Travel Exchange is positioned to market its services through travel distribution partners, contributing to the expansion of the company's marketing channels and expedite revenue growth.

Safe Harbor Statement

This release contains forward-looking statements with respect to the results of operations and business of GTREX Capital Inc., which involves risks and uncertainties. The company's actual future results could materially differ from those discussed. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.