Attached files
| file | filename |
|---|---|
| 8-K - UNIVERSAL TRAVEL GROUP | v207827_8k.htm |
Exhibit
99.1
Universal
Travel Group Inc. Engages Christensen Investor Relations
Press Release Source:
Universal Travel Group On Tuesday January 11, 2011, 4:00 am EST
SHENZHEN,
China, Jan. 11, 2010 /PRNewswire-Asia-FirstCall/ -- Universal Travel Group Inc.
("Universal Travel Group" or the "Company") (NYSE:UTA - News), a leading
travel services provider in China, offering package tours, air ticketing, and
hotel reservation services online and via customer service representatives,
today announced it has engaged Christensen Investor Relations to design,
facilitate, and execute its investor and media relations programs. Christensen
assists companies achieve fair market valuation and strengthen brand recognition
in the global capital markets and financial media.
"We are
very excited about working with Christensen again," said Ms. Jiangping JIANG,
Chairwoman and Chief Executive Officer of Universal Travel Group. "Our company
is in a unique position in the Chinese domestic travel services industry and
keen on effectively communicating our growth story to investors worldwide. With
its extensive global investor relations expertise, we are confident that
Christensen will help properly position Universal Travel Group within the
investor community with a more comprehensive and customized investor and media
relations program. Engaging Christensen reinforces Universal Travel Group's
commitment to improve our external communications and increase our visibility
within the financial community, a critical step to achieving our long term
goals."
About
Universal Travel Group
Universal
Travel Group Inc. (NYSE:UTA - News) is a leading
China-based travel services provider, focusing on the domestic tourism market
for leisure and corporate travel and offering packaged tours, air ticketing, and
hotel reservation services. The Company targets geographic expansion in
underpenetrated travel markets in central and western China; and it has
established a second operation base in Chongqing. With the Chinese disposal
income continuing to rise driving demand for domestic leisure services, the
Company continues to benefit and dominate packaged tour businesses. The Company
operates multi-channels sales with 24 hour call centers, online website, owned
and franchised sales offices and various wholesale channels.
For more
information, please visit Universal Travel Group's website at
us.cnutg.com
About
Christensen
Christensen
is a capital markets advisory firm that assists companies in achieving fair
valuation for their stock by creating high recognition, understanding, and
interest within the global investment community.
Christensen,
in business for 29 years, provides its clients with custom investor relations
and media relations strategies, programs, and solutions designed to fit each
client's individual needs according to their industry, the maturity of their
investor relations and media relations activities, and their capital market
aspirations. Christensen serves clients that range from pre-IPO businesses to
multinational mega-cap companies.
Dedicated
to building relationships through results, Christensen partners with clients to
help create value in the global capital markets while providing them freedom to
focus on their operating and financial success. Christensen has offices in New
York, Beijing, Hong Kong, Shanghai, Scottsdale, Montreal, and
Mumbai.
|
For
investor and media inquiries, please contact:
|
|
|
Mr.
Jin XIE, Secretary of Board & Interim Chief Financial
Officer
|
|
|
Universal
Travel Group Inc.
|
|
|
Tel:
86-755-86319549
|
|
|
Fax:
86-755-86319348
|
|
|
06@cnutg.com
|
|
|
Website:
us.cnutg.com
|
|
|
Christensen
|
|
|
Kimberly
Minarovich
|
|
|
Tel:
+1 917 533 3268
|
|
|
Kminarovich@ChristensenIR.com
|
|
|
Jenny
Wu
|
|
|
Tel:
+852 9503 0673
|
|
|
Jwu@ChristensenIR.com
|