Article: travelbyus.com to Merge With Nasdaq Listed Aviation Group Inc. & Acquire Vacation Wholesale Travel Business.

Combined Companies to Have Annual Revenues of US$120 Million

WHITE ROCK, British Columbia, Feb. 28 /PRNewswire/ --

travelbyus.com ltd. (Toronto Stock Exchange: TBU; Frankfurt Stock Exchange: TVB) announced today that its Board of Directors has unanimously approved a binding Letter of Intent to merge with Aviation Group Inc., (Nasdaq: AVGP), Dallas, Texas, and through Aviation Group Inc, acquire 100% of Seattle based Global Leisure Travel Inc. The newly combined Nasdaq company will have annual revenues in excess of US$120 million. Gross travel bookings through the newly combined Company's portal website, 2,000 North American travel agent affiliates, its ...

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