Universal Travel Group Acquires Speedy Dragon Enterprise

Universal Travel Group Acquires Speedy Dragon Enterprise

April 11, 2007

    LOS ANGELES and SHENZHEN, China, April 11
/Xinhua-PRNewswire/ -- Universal Travel Group (OTC Bulletin
Board: UTVG), a leading air travel service provider in
Southern China, announced today that its wholly-owned
subsidiary, Shenzhen Yu Zhi Lu Aviation Service Company
Ltd. has completed the acquisition of Shenzhen Speedy
Dragon Enterprise Ltd. for US $3 million and 714,285 shares
of newly issued UTVG stock, valued at US $1 million.

    Shenzhen Speedy Dragon Enterprise Ltd., based in Pearl
River Delta, China, is a nationwide cargo logistics
company. Speedy Dragon provides railway and express
delivery services and also operates as an international and
domestic freight forwarding agency for the General
Administration of Civil Aviation of China. Speedy Dragon
and its affiliated company, Guangzhou Lucky Dragon
Transportation, reported pro forma revenues of $9,696,813
for fiscal year 2006 and $7,550,223 for fiscal year 2005.
Pro-forma net income for 2006 was $898,674 and $487,665 for
2005. Speedy Dragon acquired Guangzhou Lucky Dragon's assets
and operations as of January 1, 2007. The financial
information regarding Guangzhou Lucky Dragon set forth
above includes the financial results as if the two
companies were operating as one during 2006 and 2005. 

    Chairman and Chief Executive Officer, Ms. Jiangping
Jiang said, "Through the Speedy Dragon acquisition,
Universal Travel Group has strengthened its position in
commercial air cargo transportation services. This will
allow us to further expand our services from passenger to
cargo transportation, ultimately capturing a larger share
of the market and increasing our shareholder value."

    About Speedy Dragon Enterprise Limited

    Speedy Dragon Enterprise Ltd. is a nationwide cargo
logistics company providing commercial, point-to-point
parcel and container transportation services. Speedy Dragon
has a fleet of more than 200 franchised vehicles and manages
warehouses totaling 40,000 square meters (approximately
430,556 square feet), which it uses to stage, transfer and
store packages in transit. The annual volume of the
company's air cargo transportation accounted for
approximately 30% of the total air cargo market in
Shenzhen, China. Speedy Dragon's air cargo division has
been rated the top sales agent in Shenzhen by China
Southern Airline and Shenzhen Airline every year since
1996. For more information about Speedy Dragon, please
visit http://www.xunsulong.com . 

    About Universal Travel Group

    Universal Travel Group, through its wholly-owned
subsidiary, Shenzhen Yu Zhi Lu Aviation Service Company
Ltd., is engaged in providing reservation, booking, and
domestic and international travel and tourism services
throughout China. The company's core services include
booking services for air tickets, hotels and restaurants,
as well as tour routing for customers. The company's goal
is to become China's leading travel services provider. For
more information, visit http://www.chutg.com .

    A profile for investors can be accessed at
http://www.hawkassociates.com/utvgprofile.aspx. For
investor relations information regarding Universal Travel
Group, contact Jacalyn Guo at [phone], e-mail
[e-mail], or contact Frank Hawkins or Julie
Marshall, Hawk Associates, at [phone], e-mail
[e-mail]. An online investor kit including
press releases, current price quotes, stock charts and
other valuable information for investors may be found at
http://www.hawkassociates.com and
http://www.americanmicrocaps.com . To receive free e-mail
notification of future releases, subscribe at
http://www.hawkassociates.com/email.aspx .

    Forward-looking Statement:

    The statements in these news releases contain
forward-looking information within the meaning of the
Private Securities Litigation Act of 1995. Such
forward-looking statements involve certain risks,
assumptions and uncertainties. In each case actual results
may differ materially from such forward-looking statements.
Any statements regarding targets for future results are
forward-looking and actual results may differ materially.
These are the company's targets, not predictions of actual
performance.



    For more information, please contact: 

     Jacalyn Guo
     Tel:   [phone] 
     Email: [e-mail]
     Web:   http://www.chutg.com

    Investor Relations Contact: 
     Hawk Associates, Inc.
     Frank Hawkins and Julie Marshall
     Tel:   [phone]
     Email: [e-mail] 
     Web:   http://www.hawkassociates.com