ULTRAMAR RECEIVES ELITE DESIGNATION FROM RITZ-CARLTON NEW YORK, NY –  April 8, 2008 – The Ritz-Carlton Hotel Company has appointed Ultramar Travel Management, a leading executive travel management company, to be one of its STARS Society members for 2008. The elite designation, awarded to only 50 of the world’s most outstanding independent travel companies, enables Ultramar to bring further exclusive enhancements to its comprehensive offerings for business travelers. Ritz-Carlton STARS Society membership enables Ultramar to access a range of special programs, services, upgrades and benefits for its clients, from emergency services to upgrades, priority room reservations and availability, pre-registration and express check-in, late-check out and complimentary, customized amenities for guests. With this designation, Ultramar gains access to an exclusive network of “Guardian Angels” from Ritz-Carlton who can secure priority treatment for Ultramar and its clients at all Ritz-Carlton hotels and resorts.  Ritz-Carlton selected Ultramar for this designation based upon a range of criteria including leadership in the travel industry, professionalism, and generating significant bookings for Ritz-Carlton hotels and resorts. “It’s a terrific honor to receive such recognition from a hotel and resort company as esteemed as Ritz-Carlton,” said Peter Klebanow, chairman and CEO of Ultramar Travel Management and worldwide chairman of Globalstar, the leading network of independent travel management firms. “But we’re most excited that this designation enables us to bring additional tools to bear to deliver customized, elite services to our clients worldwide. We look forward to continuing our productive relationship with Ritz-Carlton.” About Ultramar Travel ManagementUltramar is a virtual travel companion for every client, offering highly-responsive, hands-on service from experienced agents, and intuitive technology solutions that enhance communication and support while on the road. Ultramar delivers this experience with the help of an exceptional group of dedicated, experienced, and well-trained agents, and Chairman’s Club, providing concierge-level service to C-suite executives. Ultramar also employ sophisticated technology tools, enabling support for clients in coping with the many stresses of travel, including "active service moments" – vital information on flight schedules, or a helping hand with an itinerary when the traveler needs it most. Ultramar has developed strong industry relationships with major airlines, hotels and other suppliers. Peter Klebanow, chairman and CEO of Ultramar, serves as the current chairman of GlobalStar, the leading network of independent travel management firms in which Ultramar is a partner, offering to clients local travel expertise around the world. For more information please visit www.ultramartravel.com.