NEW YORK – June 13, 2008 – Ultramar Travel Management, a leading executive travel management company, announced today that it has been named among Sabre Travel Network’s first-ever Peak of Excellence award recipients. The Peak of Excellence designation recognizes distinction among business leaders, innovators and passionate professionals within the travel agency community.

For the past year, Ultramar has been working closely with Sabre Travel Network as a development partner, providing insight and guidance on the creation and enhancement of new travel technologies

“We’re thrilled to receive this honor from Sabre, as our partnership with them has begun to produce terrific new offerings that will improve the global travel experience and take the industry forward,” said Peter Klebanow, CEO of Ultramar Travel Management and worldwide chairman of Globalstar, the leading network of independent travel management firms. “I look forward to continuing our exciting and innovative work with the Sabre Travel Network team.”

“This award honors the travel agencies and the passionate people behind them who have made their mark on the industry, and we’re thoroughly impressed with what Ultramar has to offer,” said Chris Kroeger, senior vice president of North America, Sabre Travel Network. “Our relationship with Ultramar enables us to draw upon their experience and pioneering use of technology to bring greater opportunities and success to our industry.”

About Ultramar Travel Management

Ultramar is a virtual travel companion for every client, offering highly-responsive, hands-on service from experienced agents, and intuitive technology solutions that enhance communications 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 its Chairman’s Club, providing concierge-level service to C-suite executives. Ultramar also employs sophisticated technology tools, enabling clients to manage the many stresses of travel, including "active service moments"—from providing vital information on flight schedules to offering a helping hand with an itinerary when the traveler needs it most. Ultramar offers 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 local travel expertise around the world. www.ultramartravel.com.

About Sabre Travel Network

Sabre Travel Network, a Sabre Holdings company, provides the most comprehensive end-to-end solutions for corporate and leisure travel. The Sabre GDS is the foundation for these solutions, providing a ready-built efficient marketplace that connects travel suppliers, including hundreds of airlines and thousands of hotels, with more than 50,000 travel agency locations. Currently, Sabre collectively handles over 70 percent of the BTN 100 bookings.

Key brands of Sabre Travel Network include GetThere, for corporate travel reservation technology; Nexion, a host agency; SynXis, for hotel reservation management, distribution and technology services; TRAMS, mid- and back-office solutions and marketing services for travel agencies; and TRAMS Marketing Alliance (TMA), a marketing promotions services for leisure travel agencies. Sabre Travel Network also markets TripTailor Vacations, a travel wholesaler providing dynamic packaging for the travel agency marketplace.

Sabre Holdings connects people with the world’s greatest travel possibilities by retailing travel products and providing distribution and technology solutions for the travel industry. More information about Sabre Holdings is available at www.sabre-holdings.com.

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