Universal Travel Group, a fast growing travel services provider in China specializing in packaged tours, air ticketing, hotel reservation and air cargo transportation, today announced the company has filed an 8-K/A with the U.S. Securities and Exchange Commission. The filing includes the financial statements of Foshan Overseas International for the years ended December 31, 2006 and December 31, 2005 and the periods ended September 30, 2007 and September 30, 2006. The filing also includes pro-forma financial information for the years ended December 31, 2006 and 2005 and the periods ended September 30, 2007 and 2006.

About Universal Travel Group

Universal Travel Group, a fast growing travel services provider in China, is engaged in providing reservation, booking, and domestic and international travel and tourism services throughout China. The company's core services include tour packaging for customers, booking services for air tickets and hotels as well as air cargo transportation. Universal Travel Group has completed acquisitions of Speedy Dragon, specializing in air cargo transportation; Xi'an Golden Net, specializing in travel packaged tours; and Shanghai LanBao, specializing in hotel reservation. In October, UTVG completed the acquisition of Foshan Overseas International, a China-based company that handles domestic and international travel inquiries as well as corporate travel, offering specialized packages that include national and international air ticket booking, hotel reservations, conference center reservations and rental cars. In December 2007, UTVG completed the acquisition of Tianjin Golden Dragon, a company that specializes in domestic and international tour packaging, including planning and organizing conferences, events, tours and transportation for large groups in Tianjin, China. Universal Travel's goal is to become China's leading travel services provider in all fields of tourism industry including the aviation, cargo, hotel booking and tour packaging segments.