ALL-WAYS TRAVEL IS ACQUIRED BY THE TRAVEL AUTHORITY

KNOXVILLE, TN, February, 22, 2008 — The acquisition of All-Ways Travel located in Knoxville, Tennessee by The Travel Authority, headquartered in Jeffersonville, Indiana is effective today.

The Travel Authority is a diverse vacation and corporate travel management company with more than 40 branch locations in Kentucky, Indiana, Ohio, Tennessee, and Florida.  Company sales in 2007 exceeded $300 million.  The Travel Authority is the largest American Express Travel Representative and 100% employee owned.  The Travel Authority has maintained offices in Knoxville, Tennessee for more than 20 years.

All-Ways Travel has been serving the Knoxville area for 23 years providing corporate, leisure and group travel services. Company sales in 2007 were more than $10 million.  Tom Lumley, president and CEO of The Travel Authority said, “This is a great opportunity for us to provide additional services and increase our client base in the Tennessee area.  We are excited about merging All-Ways staff with ours in Knoxville and the opportunity to further support and grow our business in this region.”

Ron Phillips, President of All-Ways Travel stated, “This merger affords a great opportunity for our employees who will become owners in the new combined company.  The Travel Authority has invested considerable time and money in the technology necessary to compete in today’s travel industry.  The Travel Authority brings a wealth of new products and services that will enable us to enhance relationships with existing clients and grow our core base.  This merger is a natural evolution for our company.”

Questions regarding the acquisition can be directed to Tom Lumley, The Travel Authority, (812) 206-5200.